Common use of Distributions on the Uncertificated REMIC I and REMIC II Regular Interests Clause in Contracts

Distributions on the Uncertificated REMIC I and REMIC II Regular Interests. (a)On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the Uncertificated REMIC I Regular Interests, the Uncertificated REMIC I Regular Interest Distribution Amounts in the following order of priority to the extent of the Available Distribution Amount reduced by distributions made to the Class R-I Certificates pursuant to Section 4.02(a):

Appears in 33 contracts

Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (RALI Series 2004-Qs8 Trust)

AutoNDA by SimpleDocs

Distributions on the Uncertificated REMIC I and REMIC II Regular Interests. (a)On a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the Uncertificated REMIC I Regular Interests, the Uncertificated REMIC I Regular Interest Distribution Amounts in the following order of priority to the extent of the Available Distribution Amount reduced by distributions made to the Class R-I Certificates pursuant to Section 4.02(a):

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

AutoNDA by SimpleDocs

Distributions on the Uncertificated REMIC I and REMIC II Regular Interests. (a)On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the Uncertificated REMIC I Regular Interests, the Uncertificated REMIC I Regular Interest Distribution Amounts Amount in the following order of priority to amounts and with the extent of priorities set forth in the Available Distribution Amount reduced by distributions made to the Class R-I Certificates pursuant to Section 4.02(a):definition thereof.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RALI Series 2005-Qs10 Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.