Distributions on the Class A Notes. Pursuant to Section 5.4(b) of the Indenture, on each Payment Date, the Indenture Trustee, with respect to the Class A Notes, and the Paying Agent, with respect to the Transferor Interest, shall distribute out of the Distribution Account, the following amounts and in the following order of priority to the following Persons (based on the information set forth in the Indenture Trustee’s Certificate and Statement to Noteholders):
Appears in 5 contracts
Samples: Sale and Servicing Agreement (First Horizon Asset Securities Inc), Sale and Servicing Agreement (First Horizon Asset Securities Inc), Sale and Servicing Agreement (First Horizon Asset Securities Inc)
Distributions on the Class A Notes. Pursuant to Section 5.4(b) of the Indenture, on each Payment Date, the Indenture Trustee, with respect to the Class A Notes, and the Paying Agent, with respect to the Transferor Interest, shall distribute out of the Distribution Account, the following amounts and in the following order of priority to the following Persons (based on the information set forth in the Indenture Trustee’s Servicing Certificate and the Statement to Noteholders):
Appears in 1 contract
Samples: Sale and Servicing Agreement (Terwin Securitization LLC)
Distributions on the Class A Notes. Pursuant to Section 5.4(b) of the Indenture, on each Payment Date, the Indenture Trustee, with respect to the Class A Notes, and the Paying Agent, with respect to the Transferor Interest, shall distribute out of the Distribution Account, the following amounts and in the following order of priority to the following Persons (based on the information set forth in the Indenture TrusteeServicer’s Certificate and Statement to Noteholders):
Appears in 1 contract
Samples: Sale and Servicing Agreement (First Horizon Asset Securities Inc)
