Common use of Distributions on the Certificates Clause in Contracts

Distributions on the Certificates. The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment to the Certificateholders pursuant to Section 5.01(a)(II) of the Sale and Servicing Agreement, to the extent such funds are received by the Owner Trustee, shall be distributed by the Owner Trustee as follows:

Appears in 5 contracts

Samples: Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Trust Agreement (Indymac MBS Inc)

AutoNDA by SimpleDocs

Distributions on the Certificates. The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment to the Certificateholders pursuant to Section 5.01(a)(II) of the Sale and Servicing Agreement, to the extent such funds are received by the Owner Trustee, shall be distributed by the Owner Trustee as follows:.

Appears in 3 contracts

Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2007-He1), Trust Agreement (Bear Stearns Second Lien Trust 2007-1), Trust Agreement (SACO I Trust 2006-12)

Distributions on the Certificates. (a) The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment distribution to the Certificateholders pursuant to Section 5.01(a)(II) 3.02 of the Sale and Servicing AgreementIndenture, to the extent such funds are received by the Owner TrusteeCertificate Paying Agent, shall be distributed by the Owner Trustee Certificate Paying Agent as follows:

Appears in 2 contracts

Samples: Trust Agreement (SACO I Trust 2006-8), Trust Agreement (SACO I Trust 2006-1)

Distributions on the Certificates. (a) The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment distribution to the Residual Certificateholders pursuant to Section 5.01(a)(II) 4.05 of the Sale and Servicing Agreement, to the extent such funds are received by the Owner TrusteeCertificate Paying Agent, shall be distributed by the Owner Trustee Certificate Paying Agent as follows:

Appears in 2 contracts

Samples: Trust Agreement (Saco I Trust 2005-Gp1), Trust Agreement (Saco I Trust 2005-Gp1)

Distributions on the Certificates. The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment to the Certificateholders pursuant to Section 5.01(a)(II) 6.01 of the Sale and Servicing Agreement, to the extent such funds are received by the Owner Trustee, shall be distributed by the Owner Trustee as follows:.

Appears in 1 contract

Samples: Trust Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1)

AutoNDA by SimpleDocs

Distributions on the Certificates. The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment distribution to the Residual Certificateholders pursuant to Section 5.01(a)(II) 4.06 of the Sale and Servicing Agreement, to the extent such funds are received by the Owner TrusteeCertificate Paying Agent, shall be distributed by the Owner Trustee Certificate Paying Agent as follows:

Appears in 1 contract

Samples: Trust Agreement (GSR Trust 2005-Hel1)

Distributions on the Certificates. The Certificateholders will be entitled to distributions on each Payment Date, as provided in this Agreement, the Sale and Servicing Agreement and the Indenture. With respect to any Payment Date, any amounts remaining in the Payment Account for payment to the Certificateholders pursuant to Section 5.01(a)(II) 5.01(a)II of the Sale and Servicing Agreement, to the extent such funds are received by the Owner Trustee, shall be distributed by the Owner Trustee as follows:

Appears in 1 contract

Samples: Sale and Servicing Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!