Distributions on the Group I Certificates. (a) On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account in respect of Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Alt-a Trust 2006-8), Pooling and Servicing Agreement (Bear Stearns Alt-a Trust 2006-8), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-7)
Distributions on the Group I Certificates. (a) On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account in respect of Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-4), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-2, Mortgage Pass-Through Certificates, Series 2006-2), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-3)
Distributions on the Group I Certificates. (a) On a)On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account in respect of Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust, Series 2005-5), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust, Mortgage Pass-Through Certificates, Series 2005-4)
Distributions on the Group I Certificates. (a) On a)On each Distribution Date, with respect to each Sub-Loan Group in Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account in respect of each Sub-Loan Group in Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust, Series 2005-8)
Distributions on the Group I Certificates. (a) On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account and the Pre-Funding Reserve Account in respect of Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 1 contract
Samples: Recognition Agreement (Bear Stearns ALT-A Trust 2006-1)
Distributions on the Group I Certificates. (a) On a)On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account in respect of Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (BSALTA 2005-10, Mortgage Pass-Through Certificates, Series 2005-10)
Distributions on the Group I Certificates. (a) On a)On each Distribution Date, with respect to each Sub-Loan Group in Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account and the Pre-Funding Reserve Account in respect of each Sub-Loan Group in Loan Group I to the extent of funds on deposit therein and distributed in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust, Series 2005-7)
Distributions on the Group I Certificates. (a) On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds Available Distribution Amount for such Distribution Date shall be withdrawn by the Securities Administrator from the Distribution Account in respect of Loan Group I to the extent of funds on deposit therein in the sub-account of the Distribution Account relating to the Group I Mortgage Loans and distributed as directed in accordance with the Remittance Report for such Distribution Date, in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 1 contract
Distributions on the Group I Certificates. (a) On a)On each Distribution Date, with respect to Loan Group I, an amount equal to the Interest Funds and Principal Funds for such Distribution Date shall be withdrawn by the Securities Administrator Trustee from the Distribution Account in respect of Loan Group I to the extent of funds on deposit therein and distributed as directed in accordance with distribution instructions provided to it by the Securities Administrator for such Distribution Date, in the following order of priority: First, Interest Funds will be distributed, in the following manner and order of priority:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Ii Inc Bear Stearns Alt a Tr 05 2)
