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

Distributions on the Uncertificated REMIC Regular Interests. (a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the Uncertificated REMIC Regular Interests, from REMIC I, the following 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 4 contracts

Samples: Pooling and Servicing Agreement (RFMSI Series 2004-S8 Trust), Pooling and Servicing Agreement (RFMSI Series 2005-S2 Trust), Pooling and Servicing Agreement (Residential Fundings Mortgage Sec Rfmsi Series 2004-S2 Trust)

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