Common use of Distributions to Certificateholders Clause in Contracts

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; (b) second, concurrently to the Holders of the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds Remittance Amount for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (owed to the Swap Provider not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider Event for such Distribution Date; (b) second, concurrently to the Holders of the Class A-1AA-1, Class X-0XA-2, Xxxxx X-0 Class A-3, Class A-4. Class A-5, Class A-6, Class A-7 and Class A-3 A-8 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in to the first paragraph extent of this Section 4.1(a)(i) the Interest Remittance Amount on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 M-6, Class M-7, Class M-8, Class M-9 and Class M-7 M-10 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds Remittance Amount for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds Distribution Amount to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds Distribution Amount for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (owed to the Swap Provider not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, Event to the extent remaining unpaid after distributions of not paid from the Interest Funds Remittance Amount on such Distribution Date; (b) second, concurrently concurrently, on a pro rata basis (with respect to subsection (i) below, based on the aggregate Certificate Principal Balance of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-5 Certificates, with respect to subsection (ii) below, based on the aggregate Certificate Principal Balance of the Class A-6 and Class A-7 Certificates and with respect to subsection (iii) below, based on the Certificate Principal Balance of the Class A-8 Certificates), as follows: (i) to the Holders of the Class A-1AA-1, Class X-0XA-2, Xxxxx X-0 Class A-3, Class A-4 and Class A-5, sequentially, as follows: (A) first, concurrently, to the Holders of the Class A-1, Class A-2 and Class A-3 Certificates, on a pro rata basis, based on their respective the Certificate Principal Balances, Balance of each such Class until their respective the Certificate Principal Balances have Balance of each such Class has been reduced to zero; (B) second, to the Holders of the Class A-4 Certificates, until its Certificate Principal Balance has been reduced to zero; and (C) third, to the Holders of the Class A-5 Certificates, until its Certificate Principal Balance has been reduced to zero; (ii) concurrently, to the Holders of the Holders of the Class A-6 and Class A-7 Certificates, on a pro rata basis, based on the Certificate Principal Balance of each such Class until the Certificate Principal Balance of each such Class has been reduced to zero; and (iii) to the Holders of the Class A-8 Certificates, until its Certificate Principal Balance has been reduced to zero; and (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 M-6, Class M-7, Class M-8, Class M-9 and Class M-7 M-10 Certificates, in that order, the Principal Funds Distribution Amount remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s 's Percentage Interest of the following amounts and in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds Remittance Amount for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; (b) second, concurrently to the Holders of the Class A-1A, A Certificates and the Class X-0X, Xxxxx X-0 M Certificates in the following order and priority: (A) to each Class A-3 of Senior Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on and such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) Class on a pro rata basis based on the entitlement of each such Class; andbasis; (cB) third, to the Holders of Class M-1 Certificates, the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such the Class M-1 Certificates; (C) to the extent of Class M-2 Certificates, the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount allocable to the Class A Certificates and distribution of M-2 Certificates; (D) to the Class M-3 Certificates, the Interest Funds Distribution Amount allocable to any the Class of M-3 Certificates; (ii) On each Distribution Date, the Securities Administration shall distribute the Principal Distribution Amounts in the Certificates, other than the Class M Certificates with a higher payment A-IO and Class P Certificates, in the following order and priority.: (A) On each The Senior Principal Distribution Date Amount will be distributed as follows: (i1) prior first, to the Stepdown Date or (ii) on which a Trigger Event is in effectClass A-6 Certificates, following the distribution of the Interest Funds and withdrawals from an amount equal to the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds A-6 Lockout Distribution Amount for that Distribution Date Date, until the Certificate Principal Balance thereof has been reduced to zero; and (2) second, any remaining Senior Principal Distribution Amount after the distributions described above, in the following amounts order and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap AccountA-1 Certificates, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to until the Certificate Swap Account, up Principal Balance thereof has been reduced to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Datezero; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 A-2 Certificates, pro rata based on their respective until the Certificate Principal Balances, until their respective Certificate Principal Balances have Balance thereof has been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 A-3 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such thereof has been reduced to zero; (d) to the Class A-4 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; (e) to the Class A-5 Certificates until the Certificate Principal Balance thereof has been reduced to zero; and (f) to the Class A-6 Certificates, until the Certificate Principal Balance thereof has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution Holders of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) M-1 Certificates will be entitled to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions receive on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such each Distribution Date, to the extent of the portion of the Principal Distribution Amount remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution AmountAmount has been distributed, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount Amount, in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero;. (dC) fourth, to the Holders of the Class M-2 CertificatesCertificates will be entitled to receive on each Distribution Date, up to the extent of the portion of the Principal Distribution Amount remaining after the sum of the Senior Principal Distribution Amount and the Class M-1 Principal Distribution Amount has been distributed, the Class M-2 Principal Distribution Amount Amount, in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero. (D) Holders of the Class M-3 Certificates will be entitled to receive on each Distribution Date, to the extent of the portion of the Principal Distribution Amount remaining after the sum of the Senior Principal Distribution Amount, the Class M-1 Principal Distribution Amount and the Class M-2 Principal Distribution Amount has been distributed, the Class M-3 Principal Distribution Amount, in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-3 Certificates has been reduced to zero. (iii) On each Distribution Date, the Securities Administrator shall distribute any Net Monthly Excess Cashflow for such Distribution Date in the following order of priority: (A) to the holders of the Class A Certificates and Class M Certificates an amount equal to the Extra Principal Distribution Amount in accordance with clause (iv) below; (B) to the Holders of the Class M-1 Certificates, in an amount equal to the Interest Carry Forward Amount allocable to such Class of Certificates; (C) to the Holders of the Class M-2 Certificates, in an amount equal to the Interest Carry Forward Amount allocable to such Class of Certificates; (D) to the Holders of the Class M-3 Certificates, in an amount equal to the Interest Carry Forward Amount allocable to such Class of Certificates; (E) to the Reserve Fund, an amount equal to the sum of the Net WAC Rate Carryover Amounts, if any, with respect to the Class A Certificates and the Class M Certificates; (F) to the Holders of the Class CE Certificates, the Interest Distribution Amount and any Overcollateralization Reduction Amount for such Distribution Date; and (G) to the Holders of the Class R Certificates, in respect of the Class R-III Interest, any remaining amounts; provided that if such Distribution Date is the Distribution Date immediately following the expiration of the latest Prepayment Charge term as identified on the Loan Schedule or any Distribution Date thereafter, then any such remaining amounts will be distributed first, to the Holders of the Class P Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and second, to the Holders of the Class R Certificates. On each Distribution Date, the Securities Administrator, after making the required distributions of interest and principal to the Certificates as described in Section 4.1(a)(i) and (ii) above and after the distribution of the Net Monthly Excess Cashflow as described in Section 4.1(a)(iii), the Securities Administrator will withdraw from the Reserve Fund the amounts on deposit therein and distribute such amounts to the Class A Certificates (other than the Class A-IO Certificates) and the Class M Certificates in respect of any Net WAC Rate Carryover Amounts due to each such Class in the following manner and order of priority: first, concurrently to the Class A Certificates, other than the Class A-IO Certificates, on a pro rata basis, the related Net WAC Rate Carryover Amount for such Distribution Date for each such Class; second, to the Class M-1 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; third, to the Class M-2 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; and fourth, to the Class M-3 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class. (A) On each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, the Extra Principal Distribution Amount shall be distributed in the following order of priority: (1) first, to the Holders of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5 and Class A-6 Certificates until the Certificate Principal Balance of each such Class has been reduced to zero; (2) second, to the Holders of the Class M-1 Certificates, until the Certificate Principal Balance of such Class has been reduced to zero; (3) third, to the Holders of the Class M-2 Certificates, until the Certificate Principal Balance of such Class has been reduced to zero; and (4) fourth, to the Holders of the Class M-3 Certificates, until the Certificate Principal Balance of such Class has been reduced to zero. (B) On each Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, distributions of principal to the extent of the Extra Principal Distribution Amount shall be distributed in the following order of priority: (1) the lesser of (x) the Extra Principal Distribution Amount and (y) the Senior Principal Distribution Amount, shall be distributed to the Holders of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5 and Class A-6 Certificates, in that order, until the Certificates Principal Balance of each such Class has been reduced to zero; (2) the lesser of (x) the excess of (i) the Extra Principal Distribution Amount over (ii) the amount distributed to the Holders of the Class A Certificates pursuant to clause (1) above and (y) the Class M-1 Principal Distribution Amount, shall be distributed to the Holders of the Class M-1 Certificates, until the Certificate Principal Balance of such Class has been reduced to zero; (3) the lesser of (x) the excess of (i) the Extra Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class A Certificates and Class M-1 Certificates pursuant to clauses (1) and (2) above and (y) the Class M-2 Principal Distribution Amount, shall be distributed to the Holders of the Class M-2 Certificates, until the Certificate Principal Balance of such Class has been reduced to zero; and (4) the lesser of (x) the excess of (i) the Extra Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class A Certificates, Class M-1 Certificates and Class M-2 Certificates pursuant to clauses (1), (2) and (3) above and (y) the Class M-3 Principal Distribution Amount, shall be distributed to the Holders of the Class M-3 Certificates, until the Certificate Principal Balance of such Class has been reduced to zero. (b) On each Distribution Date, the Securities Administrator shall withdraw any amounts then on deposit in the Distribution Account that represent Prepayment Charges and shall distribute such amounts to the Class P Certificateholders as described above. (c) All reductions in the Certificate Principal Balance of a Certificate effected by distributions of principal or allocations of Realized Losses with respect to Loans made on any Distribution Date shall be binding upon all Holders of such Certificate and of any Certificate issued upon the registration of transfer or exchange therefor or in lieu thereof, whether or not such distribution is noted on such Certificate. The final distribution of principal of each Certificate (and the final distribution with respect to the Class R Certificate upon termination of the Trust Fund) shall be payable in the manner provided above only upon presentation and surrender thereof on or after the Distribution Date therefor at the office or agency of the Securities Administrator specified in the notice delivered pursuant to Section 4.1(d) or Section 9.1. (d) Whenever, on the basis of Curtailments, Payoffs and Monthly Payments on the Loans and Insurance Proceeds and Liquidation Proceeds received and expected to be received during the applicable Prepayment Period, the Securities Administrator believes that the entire remaining unpaid Class Principal Balance of any Class of Certificates shall become distributable on the next Distribution Date, the Securities Administrator shall, no later than the Determination Date of the month of such Distribution Date, mail or cause to be mailed to each Person in whose name a Certificate to be so retired is registered at the close of business on the Record Date, to the Underwriter and to each Rating Agency a notice to the effect that: (i) it is expected that funds sufficient to make such final distribution shall be available in the Distribution Account on such Distribution Date, and (ii) if such funds are available, (A) such final distribution shall be payable on such Distribution Date, but only upon presentation and surrender of such Certificate at the office or agency of the Securities Administrator maintained for such purpose (the address of which shall be set forth in such notice), and (B) no interest shall accrue on such Certificate after such Distribution Date.

Distributions to Certificateholders. (a) On each Distribution Date, The Servicer shall make or shall cause the Trustee to make the following withdrawals distributions to the Paying Agent (for distribution to the Series 2000-1 Certificateholders in accordance with Section 5.1) at the following times from the Class A-1A Swap Collection Account and the Principal Funding Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On on each Distribution Date, following withdrawals from including the Class A-1A Swap AccountA Expected Final Payment Date, the Securities Administrator shall distribute the Interest Funds for such Distribution Date amounts on deposit in the following order of priority, Collection Account described in each case Section 4.9(a) (other than any investment earnings thereon) shall be distributed for payment to the extent of the Interest Remittance Amount remaining for such Class A Certificateholders; (ii) on each Distribution Date, to including the extent remaining unpaid after distributions of Interest Funds Class B Expected Final Payment Date, the amounts on such Distribution Date: deposit in the Collection Account described in Section 4.9(b) (aother than any investment earnings thereon) first, concurrently, (x) shall be distributed for payment to the Class A-1A Swap B Certificateholders; (iii) on the Class A Expected Final Payment Date, all amounts on deposit in the Principal Funding Account, up to an a maximum amount on such date equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed A Invested Amount on such date, shall be distributed for payment to the Class A-1A Swap Provider and any Swap Termination Payment A Certificateholders; (not due to a Class A-1A Swap Provider Trigger Eventiv) owed to on the Class A-1A Swap Provider for such Distribution Date remaining undistributed after B Expected Final Payment Date, all prior distributions amounts on such Distribution Date as set forth deposit in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Principal Funding Account, up to an a maximum amount on such date equal to the sum of any Net Securities Administrator Certificate Swap Payment owed Class B Invested Amount on such date, shall be distributed for payment to the Certificate Swap Provider and any Swap Termination Class B Certificateholders; (v) if the Class A Invested Amount is not paid in full on the Class A Expected Final Payment (not due Date or if an Early Amortization Event has otherwise occurred, on each Distribution Date thereafter until the Class A Certificateholders have been paid in full, the amount on deposit in the Collection Account constituting Available Principal Funds, up to a Certificate Swap Provider Trigger Event) owed maximum amount on such date equal to the Certificate Swap Provider Class A Invested Amount on such date, shall be distributed for payment to the Class A Certificateholders; (vi) if the Class B Invested Amount is not paid in full on the Class B Expected Final Payment Date or if an Early Amortization Event has otherwise occurred, on each Distribution Date thereafter until the Class B Certificateholders have been paid in full, the amount on deposit in the Collection Account constituting Available Principal Funds, up to a maximum amount on such date equal to the Class B Invested Amount on such date, shall be distributed for payment to the Class B Certificateholders; and (vii) on each Distribution Date;Date on and after the Offered Certificates have been paid in full, all amounts on deposit in the Collection Account constituting Available Principal Funds, up to a maximum amount on any such date equal to the Class C Invested Amount on such date, shall be distributed for payment to the Class C Certificateholders. (b) second, concurrently The distributions to be made pursuant to this Section 4.10 and Section 4.9 are subject to the Holders provisions of Sections 9.2, 10.1, 12.1 and 12.2 of the Class A-1A, Class X-0X, Xxxxx X-0 Agreement and Class A-3 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph Section 4 of this Section 4.1(a)(i) on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment prioritySupplement. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Group I Available Distribution Amount and Group II Available Distribution Amount for such Distribution Date and distribute to each Certificateholder related Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such the Group I Available Distribution Amount and Group II Available Distribution Amount, as applicable, such Certificateholder’s 's Percentage Interest of the following amounts and in following order and priority: (a) On each Distribution Date prior to the Credit Support Depletion Date, the Securities Administrator will distribute the Group I Available Distribution Amount and the Group II Available Distribution Amount in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds for such Group I Available Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Datewill be distributed as follows: (a1) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; (b) secondFIRST, concurrently to the Holders of Group I Senior Certificates, the related Interest Distribution Amount with respect to each such Class; and (2) SECOND, concurrently to the Class A-1AI-A-1, Class X-0X, Xxxxx X-0 I-A-3 and Class A-3 CertificatesI-A-4 Certificates from the Group I Available Distribution Amount remaining after payments pursuant to clause (i)(1) above, up to the related Senior Interest Principal Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) Amount, on a pro rata basis based on the entitlement Certificate Principal Balance of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (Bii) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap AccountDate, the Securities Administrator shall distribute the Principal Funds for that Group II Available Distribution Date in the following amounts and order of priorityAmount will be distributed as follows: (a1) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) secondFIRST, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 II-A-1 Certificates and Class A-3 R Certificates, in an amount up the related Interest Distribution Amount with respect to each such Class; and (2) SECOND, sequentially, to the Class R Certificates and Class I-A-1 Certificates in that order, from the Group II Available Distribution Amount remaining after payments pursuant to clause (ii)(1) above, the related Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of each such Class has been reduced to zero. (iii) From the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after payments pursuant to clauses (i)(1), (i)(2), (ii)(1) and (ii)(2) above, (i) first, the Senior Interest Shortfall Amount for each Class of Group I Senior Certificates and Group II Senior Certificates for such Distribution Date, if any, pro rata according to the amount of interest to which each such Class would otherwise be entitled, (ii) second, an amount equal to the Collateral Deficiency Amount, if any, to the Group I Senior Certificates (other than the Class M-1 I-A-2 Certificates) and Group II Senior Certificates, pro rata between the Group I Senior Certificates (other than the Class I-A-2 Certificates) and the Group II Senior Certificates based on the related Collateral Deficiency Amount and within each group of Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class, as a payment of principal and (iii) if such Distribution Date is a Cross Payment Trigger Date, the Principal Prepayment Amount distributable to the Group I Senior Certificates (other than the Class I-A-2 Certificates) or Group II Senior Certificates that have been paid in full, will be paid as principal to the Group I Senior Certificates (other than the Class I-A-2 Certificates) or Group II Senior Certificates that have not been paid in full in accordance with the priorities set forth in clauses (a)(i) and (a)(ii) above. (iv) From the sum of the remaining Group I Available Distribution Amount and Group II Available Distribution Amount, after payments pursuant to clauses (i) through (iii) above, to the Class M, Class B-1 and Class B-2 Certificates, sequentially, in that order, an amount equal to their respective Interest Distribution Amounts for such Distribution Date and their pro rata share, based on the outstanding Certificate Principal Balance of each such Class, of the Subordinate Principal Amount; provided, however, that on any Distribution Date on which the Subordination Level for any Class of Subordinate Certificates is less than the Subordination Level as of the Closing Date, the portion of the Subordinate Principal Prepayment Amount otherwise payable to the Class or Classes of the Subordinate Certificates junior to such Class will be distributed to the most senior Class of Subordinate Certificates for which the Subordination Level is less than such percentage as of the Closing Date, and to the Class or Classes of Subordinate Certificates senior thereto, pro rata based on the Certificate Principal Balance of each such Class. (v) To the Reserve Fund and then from the Reserve Fund to the Group I Senior Certificates (other than the Class I-A-2 Certificates) in respect of any Net WAC Rate Carryover Amounts as follows: (1) FIRST, concurrently to the Holders of the Class I-A-1, Class I-A-3 and Class I-A-4 Certificates, on a pro rata basis based on the related Net WAC Rate Carryover Amount, any amounts received by the Securities Administrator on account of the Cap Contract for such Distribution Date; and (2) SECOND, concurrently to the Holders of the Class I-A-1, Class I-A-3 and Class I-A-4 Certificates, on a pro rata basis based on the related Net WAC Rate Carryover Amount payable to such Class, any Net WAC Rate Carryover Amounts remaining unpaid after distributions pursuant to clause (v)(1) above. (vi) From the sum of the remaining Group I Available Distribution Amount and Group II Available Distribution Amount, after payments pursuant to clauses (i) through (v) above, to the Class B-3, Class B-4 and Class B-5 Certificates, sequentially, in that order, an amount equal to (i) their respective Interest Distribution Amounts for such Distribution Date, and (ii) their pro rata share, based on the outstanding Certificate Principal Balance of each such Class, of the Subordinate Principal Amount; provided, however, that on any Distribution Date on which the Subordination Level for any Class of Subordinate Certificates is less than the Subordination Level as of the Closing Date, the portion of the Subordinate Principal Prepayment Amount otherwise payable to the Class or Classes of the Subordinate Certificates junior to such Class will be distributed to the most senior Class of Subordinate Certificates for which the Subordination Level is less than such percentage as of the Closing Date, and to the Class or Classes of Subordinate Certificates senior thereto, pro rata based on the Certificate Principal Balance of each such Class. (vii) To the Group I Senior Certificates and Group II Senior Certificates, from the Group I Available Distribution Amount and Group II Available Distribution Amount, respectively, remaining after distributions pursuant to clauses (i) through (vi) above, by Pro Rata Allocation, the amount of any unreimbursed losses previously allocated to such Classes of Certificates, and then to the Subordinate Certificates, in the order of their seniority, the amount of any unreimbursed losses previously allocated to such Classes of Certificates. (viii) To the Class R Certificates, the remainder (which is expected to be zero), if any of the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after distributions pursuant to clauses (i) through (vii) above. On each Distribution Date, the amount of any Prepayment Charges received in connection with the Loans during the related Prepayment Period will be paid to the Class I-A-2 Certificates. (b) On each Distribution Date on or after the Credit Support Depletion Date, to the extent of the Group I Available Distribution Amount and Group II Available Distribution Amount on such Distribution Date, distributions will be made to the Group I Senior Certificates and Group II Senior Certificates in the following order of priority: (i) FIRST, (a) concurrently to the Group I Senior Certificates from the Group I Available Distribution Amount, the related Interest Distribution Amount pro rata based on the amount payable to each such Class, to the extent of amounts available, and (b) to the Group II Senior Certificates from the Group II Available Distribution Amount, the related Interest Distribution Amount pro rata based on the amount payable to each such Class, to the extent of amounts available; (ii) SECOND, (a) to the Group I Senior Certificates (other than the Class I-A-2 Certificates) on a pro rata basis based on the Certificate Principal Balance of each such Class, the Group I Available Distribution Amount remaining after payments pursuant to clause (i)(a) above, and (b) to the Group II Senior Certificates on a pro rata basis based on the Certificate Principal Balance of each such Class, the Group II Available Distribution Amount remaining after payments pursuant to clause (i)(b) above, in each case until the Certificate Principal Balance of each such Class has been reduced to zero; (diii) fourthTHIRD, from the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after payments pursuant to clauses (i) and (ii) above, to each Class of Certificates for which a Senior Interest Shortfall Amount exists, the Senior Interest Shortfall Amount for such Distribution Date, pro rata, based on such Senior Interest Shortfall Amount; (iv) FOURTH, to the Holders of Reserve Fund and then from the Class M-2 CertificatesReserve Fund, up concurrently to the Class M-2 Principal I-A-1, Class I-A-3 and Class I-A-4 Certificates, the Net WAC Rate Carryover Amount payable to such Class for such Distribution Date (after taking into account all payments received by the Securities Administrator from the Cap Contract); (v) FIFTH, (a) from the Group I Available Distribution Amount in reduction of remaining after payments pursuant to clauses (i) through (iv) above, to the Certificate Principal Balance thereof, until Group I Senior Certificates (other than the Class I-A-2 Certificates) on a pro rata basis based on the outstanding Certificate Principal Balance of such Class, the amount of any unreimbursed losses previously allocated to each such Class and (b) from the Group II Available Distribution Amount remaining after payments pursuant to clauses (i) through (iv) above, to the Class M-2 II-A-1 Certificates has been reduced and Class R Certificates, on a pro rata basis based on the outstanding Certificate Principal Balance of such Class, the amount of any unreimbursed losses previously allocated to each such Class; and (vi) SIXTH, to the Class R Certificates, the remainder, if any (which is expected to be zero;), of the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after distributions pursuant to clauses (i) through (v) above. On each Distribution Date, the amount of any Prepayment Charges received in connection with the Loans during the related Prepayment Period will be paid to the Class I-A-2 Certificates.

Distributions to Certificateholders. (a) On each Distribution Date, The Servicer shall make or shall cause the Trustee to make the following withdrawals distributions to the Paying Agent (for distribution to the Series 1999-1 Certificateholders in accordance with Section 5.1) at the following times from the Class A-1A Swap Collection Account and the Principal Funding Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On on each Distribution Date, following withdrawals from including the Class A-1A Swap AccountA Expected Final Payment Date, the Securities Administrator shall distribute the Interest Funds for such Distribution Date amounts on deposit in the following order of priority, Collection Account described in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date:Section 4.9 (a) first, concurrently, (xother than any investment earnings thereon) shall be distributed for payment to the Class A-1A Swap A Certificateholders; (ii) on each Distribution Date, including the Class B Expected Final Payment Date, the amounts on deposit in the Collection Account described in Section 4.9(b) (other than any investment earnings thereon) shall be distributed for payment to the Class B Certificateholders; (iii) on the Class A Expected Final Payment Date, all amounts on deposit in the Principal Funding Account, up to an a maximum amount on such date equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed A Invested Amount on such date, shall be distributed for payment to the Class A-1A Swap Provider and any Swap Termination Payment A Certificateholders; (not due to a Class A-1A Swap Provider Trigger Eventiv) owed to on the Class A-1A Swap Provider for such Distribution Date remaining undistributed after B Expected Final Payment Date, all prior distributions amounts on such Distribution Date as set forth deposit in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Principal Funding Account, up to an a maximum amount on such date equal to the sum of any Net Securities Administrator Certificate Swap Payment owed Class B Invested Amount on such date, shall be distributed for payment to the Certificate Swap Provider and any Swap Termination Class B Certificateholders; (v) if the Class A Invested Amount is not paid in full on the Class A Expected Final Payment (not due Date or if an Early Amortization Event has otherwise occurred, on each Distribution Date thereafter until the Class A Certificateholders have been paid in full, the amount on deposit in the Collection Account constituting Available Principal Funds, up to a Certificate Swap Provider Trigger Event) owed maximum amount on such date equal to the Certificate Swap Provider Class A Invested Amount on such date, shall be distributed for payment to the Class A Certificateholders; (vi) if the Class B Invested Amount is not paid in full on the Class B Expected Final Payment Date or if an Early Amortization Event has otherwise occurred, on each Distribution Date thereafter until the Class B Certificateholders have been paid in full, the amount on deposit in the Collection Account constituting Available Principal Funds, up to a maximum amount on such date equal to the Class B Invested Amount on such date, shall be distributed for payment to the Class B Certificateholders; and (vii) on each Distribution Date;Date on and after the Offered Certificates have been paid in full, all amounts on deposit in the Collection Account constituting Available Principal Funds, up to a maximum amount on any such date equal to the Class C Invested Amount on such date, shall be distributed for payment to the Class C Certificateholders. (b) second, concurrently The distributions to be made pursuant to this Section 4.10 and Section 4.9 are subject to the Holders provisions of Sections 9.2, 10.1, 12.1 and 12.2 of the Class A-1A, Class X-0X, Xxxxx X-0 Agreement and Class A-3 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph Section 4 of this Section 4.1(a)(i) on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment prioritySupplement. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, The Servicer shall make or shall cause the Trustee to make the following withdrawals distributions to the Paying Agent (for distribution to the Series 2000-1 Certificateholders in accordance with Section 5.1) at the following times from the Class A-1A Swap Collection Account and the Principal Funding Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On on each Distribution Date, following withdrawals from including the Class A-1A Swap AccountA Expected Final Payment Date, the Securities Administrator shall distribute the Interest Funds for such Distribution Date amounts on deposit in the following order of priority, Collection Account described in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date:Section 4.9 (a) first, concurrently, (xother than any investment earnings thereon) shall be distributed for payment to the Class A-1A Swap A Certificateholders; (ii) on each Distribution Date, including the Class B Expected Final Payment Date, the amounts on deposit in the Collection Account described in Section 4.9(b) (other than any investment earnings thereon) shall be distributed for payment to the Class B Certificateholders; (iii) on the Class A Expected Final Payment Date, all amounts on deposit in the Principal Funding Account, up to an a maximum amount on such date equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed A Invested Amount on such date, shall be distributed for payment to the Class A-1A Swap Provider and any Swap Termination Payment A Certificateholders; (not due to a Class A-1A Swap Provider Trigger Eventiv) owed to on the Class A-1A Swap Provider for such Distribution Date remaining undistributed after B Expected Final Payment Date, all prior distributions amounts on such Distribution Date as set forth deposit in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Principal Funding Account, up to an a maximum amount on such date equal to the sum of any Net Securities Administrator Certificate Swap Payment owed Class B Invested Amount on such date, shall be distributed for payment to the Certificate Swap Provider and any Swap Termination Class B Certificateholders; (v) if the Class A Invested Amount is not paid in full on the Class A Expected Final Payment (not due Date or if an Early Amortization Event has otherwise occurred, on each Distribution Date thereafter until the Class A Certificateholders have been paid in full, the amount on deposit in the Collection Account constituting Available Principal Funds, up to a Certificate Swap Provider Trigger Event) owed maximum amount on such date equal to the Certificate Swap Provider Class A Invested Amount on such date, shall be distributed for payment to the Class A Certificateholders; (vi) if the Class B Invested Amount is not paid in full on the Class B Expected Final Payment Date or if an Early Amortization Event has otherwise occurred, on each Distribution Date thereafter until the Class B Certificateholders have been paid in full, the amount on deposit in the Collection Account constituting Available Principal Funds, up to a maximum amount on such date equal to the Class B Invested Amount on such date, shall be distributed for payment to the Class B Certificateholders; and (vii) on each Distribution Date;Date on and after the Offered Certificates have been paid in full, all amounts on deposit in the Collection Account constituting Available Principal Funds, up to a maximum amount on any such date equal to the Class C Invested Amount on such date, shall be distributed for payment to the Class C Certificateholders. (b) second, concurrently The distributions to be made pursuant to this Section 4.10 and Section 4.9 are subject to the Holders provisions of Sections 9.2, 10.1, 12.1 and 12.2 of the Class A-1A, Class X-0X, Xxxxx X-0 Agreement and Class A-3 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph Section 4 of this Section 4.1(a)(i) on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment prioritySupplement. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; (b) second, concurrently to the Holders of the Class A-1AA-1, Class X-0X, Xxxxx X-0 A-2 and Class A-3 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in to the first paragraph extent of this Section 4.1(a)(i) the Interest Funds on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 M-6, Class M-7, Class M-8 and Class M-7 M-9 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1AA-1, Class X-0X, Xxxxx X-0 A-2 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 M-6, Class M-7, Class M-8 and Class M-7 M-9 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of not paid from the Interest Funds Remittance Amount on such Distribution Date; (b) second, concurrently to the Class A-1AA-1, Class X-0X, Xxxxx X-0 A-2 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution AmountDistribution, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Group I Available Distribution Amount and Group II Available Distribution Amount for such Distribution Date and distribute to each Certificateholder related Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such the Group I Available Distribution Amount and Group II Available Distribution Amount, as applicable, such Certificateholder’s Percentage Interest of the following amounts and in following order and priority: (a) On each Distribution Date prior to the Credit Support Depletion Date, the Securities Administrator will distribute the Group I Available Distribution Amount and Group II Available Distribution Amount in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator Group I Available Distribution Amount shall distribute the Interest Funds for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Datebe distributed as follows: (a1) first, concurrentlyconcurrently to the Group I Senior Certificates, (x) the related Interest Distribution Amount on a pro rata basis based on the related Interest Distribution Amount with respect to each such Class; provided, however, on any Distribution Date on which the Pass-Through Rate applicable to the Class A-1A Swap AccountI-A-1 Certificates or Class I-A-2 Certificates is limited to the related Net WAC Pass-Through Rate, any interest distributable to the Class I-A-IO Certificates will instead be distributed to the Class I-A-1 Certificates and Class I-A-2 Certificates, on a pro rata basis, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed WAC Rate Carryover Amount allocable to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a I-A-1 Certificates or Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider I-A-2 Certificates for such Distribution Date and remaining undistributed unpaid after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum application of any Net Securities Administrator Certificate Swap Payment owed to amounts received under the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution DateCap Contract; (b2) second, to the Class R Certificates, the related Senior Principal Distribution Amount until the Certificate Principal Balance of the Class R Certificates has been reduced to zero; and (3) third, concurrently to the Holders of the Class A-1A, Class X-0X, Xxxxx X-0 I-A-1 Certificates and Class A-3 I-A-2 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) on a pro rata basis based on the entitlement Certificate Principal Balance of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to from the extent remaining unpaid after distributions of Interest Funds on such related Senior Principal Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds Amount remaining after the distributions in subsection payments pursuant to clause (a) and (bi)(2) above, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (Bii) On each Distribution Date, the Group II Available Distribution Amount shall be distributed as follows: (1) first, concurrently to the Group II Senior Certificates, the related Interest Distribution Amount on a pro rata basis based on the related Interest Distribution Amount with respect to each such Class; and (2) second, sequentially to the Class II-A-1, Class II-A-2 and Class II-A-3, Certificates, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (iii) From the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after payments pursuant to clauses (i) and (ii) above, (i) first, the Senior Interest Shortfall Amount for each Class of Senior Certificates for such Distribution Date, if any, pro rata according to the amount of interest to which each such Class would otherwise be entitled, (ii) second, an amount equal to the Collateral Deficiency Amount, if any, to the Senior Certificates (other than the Class I-A-IO Certificates and Class II-A-IO Certificates), pro rata among the Senior Certificates (other than the Class I-A-IO Certificates and Class II-A-IO Certificates) based on the related Collateral Deficiency Amount and within each group of Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class, as a payment of principal and (iii) third, if such Distribution Date is a Cross Payment Trigger Date, the Principal Prepayment Amount distributable to the Senior Certificates (other than the Class I-A-IO Certificates and Class II-A-IO Certificates) that have been paid in full, will be paid as principal to the related Senior Certificates (other than the Class I-A-IO Certificates and Class II-A-IO Certificates) that have not been paid in full in accordance with the priorities set forth in clauses (a)(i) and (a)(ii) above. (iv) From the sum of the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after payments pursuant to clauses (i) through (iii) above, to the Class M, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, sequentially, in that order, an amount equal to their respective Interest Distribution Amounts for such Distribution Date and their pro rata share, based on the outstanding Certificate Principal Balance of each such Class, of the Subordinate Principal Distribution Amount; provided, however, that on any Distribution Date on which the Subordination Level for any Class of Subordinate Certificates is less than the Subordination Level as of the Closing Date, the portion of the Subordinate Principal Prepayment Amount otherwise payable to the Class or Classes of the Subordinate Certificates junior to such Class will be distributed to the most senior Class of Subordinate Certificates for which the Subordination Level is less than such percentage as of the Closing Date, and to the Class or Classes of Subordinate Certificates senior thereto, pro rata based on the Certificate Principal Balance of each such Class. (v) From the remaining Group I Available Distribution Amount, to the Reserve Fund (from amounts otherwise payable to the Class I-A-IO Certificates) and then from the Reserve Fund (including any payments received under the Cap Contract) to the Class I-A-1 Certificates and Class I-A-2 Certificates in respect of any Net WAC Rate Carryover Amounts due the Class I-A-1 Certificates and Class I-A-2 Certificates as follows: (1) first, concurrently to the holders of the Class I-A-1 Certificates and Class I-A-2 Certificates, on a pro rata basis based on the entitlement of each such Class, any amounts received by the Securities Administrator on account of the Cap Contract for such Distribution Date; and (2) second, concurrently to the Class I-A-1 Certificates and Class I-A-2 Certificates, on a pro rata basis based on the entitlement of each such Class, any Net WAC Rate Carryover Amount remaining unpaid after distributions pursuant to clause (1) above. (vi) To the Group I Senior Certificates and Group II Senior Certificates (other than the Class I-A-IO Certificates and Class II-A-IO Certificates), from the related Available Distribution Amount remaining after distributions pursuant to clauses (i) through (v) above, by Pro Rata Allocation, the amount of any unreimbursed losses previously allocated to such Classes of Certificates, and then to the Subordinate Certificates, in the order of their seniority, the amount of any unreimbursed losses previously allocated to such Classes of Certificates. (vii) To the Class R Certificates, the remainder (which is expected to be zero), if any of the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after distributions pursuant to clauses (i) through (vi) above. (b) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effectCredit Support Depletion Date, following to the distribution extent of the Interest Funds Group I Available Distribution Amount and withdrawals from Group II Available Distribution Amount on such Distribution Date, distributions will be made to the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date Senior Certificates in the following amounts and order of priority: (a1) first, concurrently, (xa) to the Group I Senior Certificates from the Group I Available Distribution Amount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class; provided, however, on any Distribution Date on which the Pass-Through Rate applicable to the Class A-1A Swap AccountI-A-1 Certificates or Class I-A-2 Certificates is limited to the related Net WAC Pass-Through Rate, any interest distributable to the Class I-A-IO Certificates will instead be distributed to the Class I-A-1 Certificates and Class I-A-2 Certificates, on a pro rata basis, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed WAC Rate Carryover Amount allocable to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a I-A-1 Certificates or Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider I-A-2 Certificates for such Distribution Date and remaining undistributed unpaid after all prior distributions on such Distribution Date as set forth in application of any amounts received under the first paragraph of this Section 4.1(a)(ii)(B) Cap Contract, and (yb) to the Certificate Swap AccountGroup II Senior Certificates from the Group II Available Distribution Amount, up the related Interest Distribution Amount on a pro rata basis based on the amount payable to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for each such Distribution DateClass, in each case to the extent remaining unpaid after distributions of Interest Funds on such Distribution Dateamounts available; (b2) second, concurrently (a) to the Group I Senior Certificates (other than the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 I-A-IO Certificates, in an amount up to the Senior Principal Distribution Amount, ) concurrently on a pro rata basis based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereofof each such Class, the Group I Available Distribution Amount remaining after payments pursuant to clause (1)(a) above and (b) to the Group II Senior Certificates (other than the Class II-A-IO Certificates) concurrently on a pro rata basis based on the amount payable to each such Class, the Group II Available Distribution Amount remaining after payments pursuant to clause (1)(b) above, in each case until the Certificate Principal Balance of the each such Class M-1 Certificates has been reduced to zero; (d3) third, from the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after payments pursuant to clauses (1) and (2) above, to each Class of Certificates for which a Senior Interest Shortfall Amount exists, the Senior Interest Shortfall Amount for such Distribution Date, on pro rata basis based on such Senior Interest Shortfall Amount; (4) fourth, from the Group I Available Distribution Amount remaining after payments pursuant to clauses (1) through (3) above, to the Holders of Reserve Fund and then from the Class M-2 CertificatesReserve Fund, up concurrently to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until I-A-1 Certificates and Class I-A-2 Certificates on a pro rata basis based on the Certificate Principal Balance of each such Class, the related Net WAC Rate Carryover Amount payable to each such Class for such Distribution Date (after taking into account all payments received by the Securities Administrator from the Cap Contract); (5) fifth, (a) from the Group I Available Distribution Amount remaining after payments pursuant to clauses (1) through (4) above, concurrently to the Group I Senior Certificates (other than the Class M-2 I-A-IO Certificates) on a pro rata basis based on the outstanding Certificate Principal Balance of such Class, the amount of any unreimbursed losses previously allocated to each such Class and (b) from the Group II Available Distribution Amount remaining after payments pursuant to clauses (1) through (3) above, concurrently to the Group II Senior Certificates has been reduced (other than the Class II-A-IO Certificates) on a pro rata based on the outstanding Certificate Principal Balance of each such Class, the amount of any unreimbursed losses previously allocated to each such Class; and (6) sixth, to the Class R Certificates, the remainder, if any (which is expected to be zero;), of the Group I Available Distribution Amount and Group II Available Distribution Amount remaining after distributions pursuant to clauses (1) through (5) above On each Distribution Date, all amounts representing Prepayment Charges in respect of the Loans (other than with respect to the Loans serviced by IndyMac Bank) received by a Servicer during the related Prepayment Period and remitted to the Securities Administrator will be withdrawn from the Distribution Account and distributed to the Class I-A-IO Certificates and shall not be available for distribution to the holders of any other Class of Certificates. IndyMac Bank will be entitled to retain any Prepayment Charges collected in respect of the Loans serviced by IndyMac Bank.

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s 's Percentage Interest of the following amounts and in following order and priority: On each Distribution Date prior to the Credit Support Depletion Date, the Securities Administrator shall distribute the Available Distribution Amount for such Distribution Date to the Certificates in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a1) first, concurrently, (x) to the each Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; (b) second, concurrently to the Holders of the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 interest bearing Senior Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on and such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) Class on a pro rata basis based on the entitlement of each such Class; andbasis; (c2) second, to the Class A-PO Certificates from the Available Distribution Amount remaining after payments pursuant to clause (1) above, the Discount Fractional Principal Amount until the Class Principal Balance of the Class A-PO Certificates has been reduced to zero; (3) third, to the Holders of Senior Certificates (other than the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to A-PO Certificates) from the related Interest Available Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of payments pursuant to clauses (1) and (2) above, the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effectPrincipal Amount, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to R Certificates until the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to Principal Balance of the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) R Certificates has been reduced to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Datezero; (b) second, concurrently to the Class A-1AA-1 Certificates from the Senior Principal Amount remaining, if any, after the distributions described in clause (3)(a) above, an amount up to the Lockout Principal Amount until the Class X-0X, Xxxxx X-0 and Principal Balance of the Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have A-1 Certificates has been reduced to zero; (c) third, sequentially to the Holders of Class A-2 Certificates from the Class M-1Senior Principal Amount remaining, Class M-2if any, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions described in subsection clauses (a3)(a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 A-2 Certificates has been reduced to zero; (d) fourth, to the Holders of Class A-3 Certificates from the Class M-2 CertificatesSenior Principal Amount remaining, up to if any, after the Class M-2 Principal Distribution Amount distributions described in reduction of the Certificate Principal Balance thereofclauses (3)(a), (b) and (c) above, until the Certificate Class Principal Balance of the Class M-2 A-3 Certificates has been reduced to zero; (e) fifth, to the Class A-1 Certificates from the Senior Principal Amount remaining, if any, after the distributions described in clauses (3)(a), (b), (c) and (d) above, until the Class Principal Balance of the Class A-1 Certificates has been reduced to zero; (4) fourth, from the Available Distribution Amount remaining after payments pursuant to clauses (1), (2) and (3) above, the Discount Fractional Principal Shortfall to the Class A-PO Certificates, but not more than an amount equal to the Subordinate Principal Amount for the Loans for such Distribution Date (without regard to the proviso of such definition); (5) fifth, to the Class M, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, in that order, from the Available Distribution Amount remaining after payments pursuant to clauses (1) through (4) above, their respective Interest Distribution Amounts for such Distribution Date and their pro rata share, according to their outstanding Class Principal Balances, of the Subordinate Principal Amounts; provided, however, that on any Distribution Date on which the Subordination Level for any Class of Subordinate Certificates is less than the Subordination Level as of the Closing Date, the portion of the Subordinate Principal Prepayment Amount otherwise payable to the Class or Classes of the Subordinate Certificates junior to such Class shall be distributed to the most Senior Class of Subordinate Certificates for which the Subordination Level is less than such percentage as of the Closing Date, and to the Class or Classes of Subordinate Certificates senior thereto, pro rata according to the Class Principal Balances of such Classes; (6) sixth, (i) FIRST, to the Senior Certificates (other than the Class A-PO Certificates), from the Available Distribution Amount remaining after distributions pursuant to clauses (1) through (5) above, by Pro Rata Allocation, the amount of any unreimbursed Realized Losses previously allocated to such Classes of Certificates and (ii) SECOND, to the Subordinate Certificates, in the order of their seniority, the amount of any unreimbursed Realized Losses previously allocated to such Classes of Certificates; and (7) seventh, to the Class R Certificates, the remainder (which is expected to be zero), if any, of the Available Distribution Amount remaining after distributions pursuant to clauses (1) through (6) above. On each Distribution Date on or after the Credit Support Depletion Date, to the extent of the Available Distribution Amount on such Distribution Date, distributions will be made to the Senior Certificates in the following order and priority: (1) first, to each Class of interest bearing Senior Certificates, the Interest Distribution Amount for such Distribution Date and such Class on a pro rata basis; (2) second, to the Class A-PO Certificates from the Available Distribution Amount remaining after payments pursuant to clause (1) above, the Discount Fractional Principal Amount until the Class Principal Balance of the Class A-PO Certificates has been reduced to zero; (3) third, to the Senior Certificates on a pro rata basis (other than the Class A-PO Certificates and the Class A-X Certificates) from the Available Distribution Amount remaining after payments pursuant to clauses (1) and (2) above as a payment of principal until their respective Class Principal Balances have been reduced to zero: (4) fourth, to the Senior Certificates, from the Available Distribution Amount remaining after distributions pursuant to clauses (1) through (3) above, by Pro Rata Allocation, the amount of any unreimbursed Realized Losses previously allocated to such Classes of Certificates; and (5) fifth, to the Class R Certificates, the remainder, if any (which is expected to be zero), of the Available Distribution Amount remaining after distributions pursuant to clauses (1) through (4) above. (b) All reductions in the Certificate Principal Balance of a Certificate effected by distributions of principal or allocations of Realized Losses with respect to Loans made on any Distribution Date shall be binding upon all Holders of such Certificate and of any Certificate issued upon the registration of transfer or exchange therefor or in lieu thereof, whether or not such distribution is noted on such Certificate. The final distribution of principal of each Certificate (and the final distribution with respect to the Class R Certificate upon termination of the Trust Fund) shall be payable in the manner provided above only upon presentation and surrender thereof on or after the Distribution Date therefor at the office or agency of the Securities Administrator specified in the notice delivered pursuant to Section 4.1(c) or Section 9.1. (c) Whenever, on the basis of Curtailments, Payoffs and Monthly Payments on the Loans and Insurance Proceeds and Liquidation Proceeds received and expected to be received during the applicable Prepayment Period, the Securities Administrator believes that the entire remaining unpaid Class Principal Balance of any Class of Certificates shall become distributable on the next Distribution Date, the Securities Administrator shall, no later than the Determination Date of the month of such Distribution Date, mail or cause to be mailed to each Person in whose name a Certificate to be so retired is registered at the close of business on the Record Date, to the Underwriter and to each Rating Agency a notice to the effect that: (i) it is expected that funds sufficient to make such final distribution shall be available in the Distribution Account on such Distribution Date, and (ii) if such funds are available, (A) such final distribution shall be payable on such Distribution Date, but only upon presentation and surrender of such Certificate at the office or agency of the Securities Administrator maintained for such purpose (the address of which shall be set forth in such notice), and (B) no interest shall accrue on such Certificate after such Distribution Date.

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for each Loan Group for such Distribution Date and distribute to each Certificateholder related Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such the related Available Distribution Amount, as applicable, such Certificateholder’s Percentage Interest of the following amounts and in following order and priority: (a) On each Distribution Date prior to the Credit Support Depletion Date, the Securities Administrator will distribute the Available Distribution Amount with respect to each Loan Group in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds for such Group I Available Distribution Date Amount will be distributed in the following manner and order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a1) first, concurrentlyconcurrently to the Group I Senior Certificates, (x) the related Interest Distribution Amount on a pro rata basis based on the related Interest Distribution Amount with respect to each such Class; provided, however, on any Distribution Date on which the Pass-Through Rate applicable to the Class A-1A Swap AccountI-A-1 Certificates or Class I-A-2 Certificates is limited to the related Net WAC Pass-Through Rate, any interest distributable to the Class I-A-IO Certificates pursuant to this clause (1) will instead be distributed to the Class I-A-1 Certificates and Class I-A-2 Certificates, on a pro rata basis based on the related Net WAC Rate Carryover Amount, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed WAC Rate Carryover Amount allocable to the Class A-1A Swap Provider I-A-1 Certificates and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider I-A-2 Certificates for such Distribution Date; (b2) second, to the Class R Certificates, the related Senior Principal Distribution Amount until the Certificate Principal Balance of the Class R Certificates has been reduced to zero; and (3) third, concurrently to the Holders of the Class A-1A, Class X-0X, Xxxxx X-0 I-A-1 Certificates and Class A-3 I-A-2 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) on a pro rata basis based on the entitlement Certificate Principal Balance of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such related Senior Principal Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds Amount remaining after the distributions in subsection payments pursuant to clause (ai)(2) and (b) above, above until the Certificate Principal Balance of each such Class has been reduced to zero. (Bii) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap AccountDate, the Securities Administrator shall distribute the Principal Funds for that Group II Available Distribution Date Amount will be distributed in the following amounts manner and order of priority: (a1) first, concurrentlyconcurrently to the Group II Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; and (2) second, concurrently to the Group II Senior Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class prior to such Distribution Date, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (iii) On each Distribution Date, the Group III Available Distribution Amount will be distributed in the following manner and order of priority: (1) first, concurrently to the Group III Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; and (2) second, concurrently to the Group III Senior Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class prior to such Distribution Date, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (iv) On each Distribution Date, the Group IV Available Distribution Amount will be distributed in the following manner and order of priority: (1) first, concurrently to the Group IV Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; and (2) second, concurrently to the Group IV Senior Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class prior to such Distribution Date, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (v) On each Distribution Date, the Group V Available Distribution Amount will be distributed in the following manner and order of priority: (1) first, concurrently to the Group V Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; and (2) second, concurrently to the Group V Senior Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class prior to such Distribution Date, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (vi) On each Distribution Date, the Group VI Available Distribution Amount will be distributed in the following manner and order of priority: (1) first, concurrently to the Group VI Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; and (2) second, concurrently to the Group VI Senior Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class prior to such Distribution Date, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (vii) On each Distribution Date, the Group VII Available Distribution Amount will be distributed in the following manner and order of priority: (1) first, concurrently to the Group VII Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; and (2) second, concurrently to the Group VII Senior Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class prior to such Distribution Date, the related Senior Principal Distribution Amount until the Certificate Principal Balance of each such Class has been reduced to zero. (viii) From the Available Distribution Amount of each Loan Group remaining after payments pursuant to clauses (i) and (vii) above, (i) first, the Senior Interest Shortfall Amount for each Class of Senior Certificates for such Distribution Date, if any, pro rata according to the amount of interest to which each such Class would otherwise be entitled, (ii) second, an amount equal to the Collateral Deficiency Amount, if any, to the Senior Certificates (other than the Class I-A-IO Certificates), pro rata among the Senior Certificates (other than the Class I-A-IO Certificates) based on the related Collateral Deficiency Amount and within each group of Certificates, on a pro rata basis based on the Certificate Principal Balance of each such Class, as a payment of principal and (iii) third, if such Distribution Date is a Cross Payment Trigger Date, the Principal Prepayment Amount distributable to the Senior Certificates (other than the Class I-A-IO Certificates) that have been paid in full, will be paid as principal to the related Senior Certificates (other than the Class I-A-IO Certificates) that have not been paid in full in accordance with the priorities set forth in clauses (a)(i) through (vii) above. (ix) From the Available Distribution Amount of each Loan Group remaining after payments pursuant to clauses (i) through (viii) above, to the Class M, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, sequentially, in that order, an amount equal to their respective Interest Distribution Amounts for such Distribution Date and their pro rata share, based on the outstanding Certificate Principal Balance of each such Class, of the Subordinate Principal Distribution Amount; provided, however, that on any Distribution Date on which the Subordination Level for any Class of Subordinate Certificates is less than the Subordination Level as of the Closing Date, the portion of the Subordinate Principal Prepayment Amount otherwise payable to the Class or Classes of the Subordinate Certificates junior to such Class will be distributed to the most senior Class of Subordinate Certificates for which the Subordination Level is less than such percentage as of the Closing Date, and to the Class or Classes of Subordinate Certificates senior thereto, pro rata based on the Certificate Principal Balance of each such Class. (x) From the remaining Group I Available Distribution Amount, to the Reserve Fund (including amounts otherwise payable to the Class A-1A Swap AccountI-A-IO Certificates) and then from the Reserve Fund, concurrently to the Class I-A-1 Certificates and Class I-A-2 Certificates, the related Net WAC Rate Carryover Amount allocable to each such Class, on a pro rata basis based on the entitlement of each such Class. (xi) To the Senior Certificates of a Loan Group (other than the Class I-A-IO Certificates), from the related Available Distribution Amount remaining after distributions pursuant to clauses (i) through (x) above, the amount of any unreimbursed losses previously allocated to each such Class of Certificates, on a pro rata basis based on the amount of previously unreimbursed allocated losses, and then to the Subordinate Certificates, in the order of their seniority, the amount of any unreimbursed losses previously allocated to such Classes of Certificates. (xii) To the Class R Certificates, the remainder (which is expected to be zero), if any of the Available Distribution Amount with respect to each Loan Group remaining after distributions pursuant to clauses (i) through (xi) above. (b) On each Distribution Date on or after the Credit Support Depletion Date, to the extent of the Available Distribution Amount for each Loan Group on such Distribution Date, distributions will be made to the Senior Certificates in the following order of priority: (1) first, (a) to the Group I Senior Certificates from the Group I Available Distribution Amount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class; provided, however, on any Distribution Date on which the Pass-Through Rate applicable to the Class I-A-1 Certificates or Class I-A-2 Certificates is limited to the related Net WAC Pass-Through Rate, any interest distributable to the Class I-A-IO Certificates will instead be distributed to the Class I-A-1 Certificates and Class I-A-2 Certificates, on a pro rata basis, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed WAC Rate Carryover Amount allocable to the Class A-1A Swap Provider I-A-1 Certificates and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider I-A-2 Certificates for such Distribution Date, (b) to the extent remaining unpaid after distributions of Group II Senior Certificates from the Group II Available Distribution Amount, the related Interest Funds Distribution Amount on a pro rata basis based on the amount payable to each such Class, (c) to the Group III Senior Certificates from the Group III Available Distribution DateAmount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class, (d) to the Group IV Senior Certificates from the Group IV Available Distribution Amount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class, (e) to the Group V Senior Certificates from the Group V Available Distribution Amount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class, (f) to the Group VI Senior Certificates from the Group VI Available Distribution Amount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class and (g) to the Group VII Senior Certificates from the Group VII Available Distribution Amount, the related Interest Distribution Amount on a pro rata basis based on the amount payable to each such Class; (b2) second, concurrently (a) to the Group I Senior Certificates (other than the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 I-A-IO Certificates, in an amount up to the Senior Principal Distribution Amount, ) concurrently on a pro rata basis based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereofof each such Class, the Group I Available Distribution Amount remaining after payments pursuant to clause (1)(a) above, (b) to the Group II Senior Certificates, concurrently on a pro rata basis based on the Certificate Principal Balance of each such Class, the Group II Available Distribution Amount remaining after payments pursuant to clause (1)(b) above until the Certificate Principal Balance of each such Class has been reduced to zero; (c) to the Group III Senior Certificates, concurrently on a pro rata basis based on the Certificate Principal Balance of each such Class, the Group III Available Distribution Amount remaining after payments pursuant to clause (1)(c) above until the Certificate Principal Balance of each such Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such the Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in following order and priority: (a) On each Distribution Date prior to the Credit Support Depletion Date, the Securities Administrator will distribute the Available Distribution Amount in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator Available Distribution Amount shall distribute the Interest Funds for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Datebe distributed as follows: (a1) first, concurrentlyconcurrently to the Senior Certificates, the related Interest Distribution Amount on a pro rata basis, based on the related Interest Distribution Amount with respect to each such Class; provided, however, on any Distribution Date on which the Pass-Through Rate on any Class of Senior Certificates (xother than the Class A-X1A, Class A-X1B, Class A-X2 and Class R Certificates) is limited to the Net WAC Pass-Through Rate, any interest distributable to the Class A-1A Swap AccountA-X2 Certificates pursuant to this clause will instead be distributed to any such Class or Classes of Senior Certificates on a pro rata basis based on the related Net WAC Rate Carryover Amount, up to an amount equal to the sum of any Adjusted related Net Securities Administrator WAC Rate Carryover Amount allocable to each such class for such Distribution Date; provided further, (A) in the event such amounts are insufficient to cover the Net WAC Rate Carryover Amounts on the Class A-1A Swap Payment owed A-1 Certificates or Class A-2 Certificates, interest otherwise distributable to the Class A-1A Swap Provider A-X1A Certificates and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed A-X1B Certificates, in that order and, with respect to the Class A-1A Swap Provider for A-X1B Certificates, after taking into account payments made pursuant to clause (B) below, will be used to cover such Distribution Date remaining undistributed after all amounts prior distributions on such Distribution Date as set forth to the distribution of interest to the Class A-X1A Certificates and Class A-X1B Certificates, in accordance with this clause (i)(1), and (B) in the first paragraph of this Section 4.1(a)(i) and (y) event such amounts are insufficient to cover the Net WAC Rate Carryover Amounts on the Class A-3, Class A-4, Class A-5, Class A-6 or Class A-7 Certificates, interest otherwise distributable to the Class A-X1B Certificates and Class A-X1A Certificates, in that order and, with respect to the Class A-X1A Certificates, after taking into account payments made pursuant to clause (A) above, will be used to cover such amounts prior to the distribution of interest to the Class A-X1B Certificates and Class A-X1A Certificates, in accordance with this clause (i)(1); (2) second, to the Class R Certificates, the Senior Principal Distribution Amount until the Certificate Swap AccountPrincipal Balance of the Class R Certificates has been reduced to zero; and (3) third, concurrently to the Class A-6 Certificates and Class A-7 Certificates on a pro rata basis, each up to an amount equal to the sum Class A-6/Class A-7 Priority Amount, until the Certificate Principal Balance of any Net Securities Administrator Certificate Swap Payment owed each such Class has been reduced to zero; (4) fourth, sequentially, to the Class A-0, Xxxxx X-0, Class A-3, Class A-4 and Class A-5 Certificates, in that order, the Senior Principal Distribution Amount remaining after distributions pursuant to clauses (2) and (3) above, until the Certificate Swap Provider and any Swap Termination Payment Principal Balance of each such Class has been reduced to zero; and (not due to a Certificate Swap Provider Trigger Event5) owed fifth, concurrently to the Class A-6 Certificates and Class A-7 Certificates, on a pro rata basis based on the Certificate Swap Provider Principal Balance of each such Class of Certificates, the Senior Principal Distribution Amount remaining after distributions pursuant to clauses (2) through (4) above without regard to the Class A-6/Class A-7 Priority Amount, until the Certificate Principal Balance of each such Class of Certificates has been reduced to zero. (ii) From the Available Distribution Amount remaining after payments pursuant to clause (i) above, (i) first, the Senior Interest Shortfall Amount for each Class of Senior Certificates for such Distribution Date;, if any, pro rata according to the amount of interest to which each such Class would otherwise be entitled, (ii) second, an amount equal to the Collateral Deficiency Amount, if any, to the Senior Certificates (other than the Class A-X1A, Class A-X1B and Class A-X2 Certificates), pro rata among the Senior Certificates (other than the Class A-X1A, Class A-X1B and Class A-X2 Certificates) based on the Certificate Principal Balance of each such Class, as a payment of principal. (biii) secondFrom the remaining Available Distribution Amount, remaining after payments pursuant to clauses (i) and (ii) above, to the Class M, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, sequentially, in that order, an amount equal to their respective Interest Distribution Amounts for such Distribution Date and their pro rata share, based on the outstanding Certificate Principal Balance of each such Class, of the Subordinate Principal Distribution Amount; provided, however, that on any Distribution Date on which the Subordination Level for any Class of Subordinate Certificates is less than the Subordination Level as of the Closing Date, the portion of the Subordinate Principal Prepayment Amount otherwise payable to the Class or Classes of the Subordinate Certificates junior to such Class will be distributed to the most senior Class of Subordinate Certificates for which the Subordination Level is less than such percentage as of the Closing Date, and to the Class or Classes of Subordinate Certificates senior thereto, pro rata based on the Certificate Principal Balance of each such Class. (iv) From the remaining Available Distribution Amount, to the Reserve Fund, and then from the Reserve Fund, to the Certificates in respect of any Net WAC Rate Carryover Amounts due such Certificates as follows: (1) first, concurrently to the Holders of the Senior Certificates, (other than the Class A-1AA-X1A, Class X-0XA-X1B, Xxxxx X-0 Class A-X2 and Class A-3 R Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) on a pro rata basis based on the entitlement of each such Class; and (c2) thirdsecond, sequentially to the Holders of the Class M-1M, Class M-2B-1, Class M-3B-2, Class M-4B-3, Class M-5, Class M-6 B-4 and Class M-7 Certificates sequentiallyB-5 Certificates, in that order. (v) To the Senior Certificates (other than the Class A-X1A, up Class A-X1B and Class A-X2 Certificates) from the Available Distribution Amount remaining after distributions pursuant to clauses (i) through (iv) above, by Pro Rata Allocation, the amount of any unreimbursed losses previously allocated to such Classes of Certificates, and then to the related Interest Subordinate Certificates, in the order of their seniority, the amount of any unreimbursed losses previously allocated to such Classes of Certificates. (vi) To the Class R Certificates, the remainder (which is expected to be zero), if any of the Available Distribution Amount allocable remaining after distributions pursuant to clauses (i) through (v) above. (b) On each such Class Distribution Date on or after the Credit Support Depletion Date, to the extent of the Interest Funds for Available Distribution Amount on such Distribution Date remaining after distribution of Date, distributions will be made to the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a1) first, concurrentlyto the Senior Certificates the Interest Distribution Amount pro rata based on the amount payable to each such Class; provided, however, on any Distribution Date on which the Pass-Through Rate on any Class of Senior Certificates (xother than the Class A-X1A, Class A-X1B, Class A-X2 and Class R Certificates) is limited to the Net WAC Pass-Through Rate, any interest distributable to the Class A-1A Swap AccountA-X2 Certificates pursuant to this clause will instead be distributed to any such Class or Classes of Senior Certificates on a pro rata basis based on the related Net WAC Rate Carryover Amount, up to an amount equal to the sum of any Adjusted related Net Securities Administrator WAC Rate Carryover Amount allocable to each such Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; provided further, (i) in the event such amounts are insufficient to cover the extent remaining unpaid after distributions of Interest Funds Net WAC Rate Carryover Amounts on such Distribution Date; (b) secondthe Class A-1 Certificates or Class A-2 Certificates, concurrently interest otherwise distributable to the Class A-1A, Class X-0X, Xxxxx X-0 A-X1A Certificates and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 A-X1B Certificates, in that orderorder and, with respect to the Principal Funds remaining Class A-X1B Certificates, after taking into account payments made pursuant made pursuant to clause (ii) below, will be used to cover such amounts prior to the distributions distribution of interest to the Class A-X1A Certificates and Class A-X1B Certificates, in subsection accordance with this clause (a) 1), and (bii) in the event such amounts are insufficient to cover the Net WAC Rate Carryover Amounts on the Class A-3, Class A-4, Class A-5, Class A-6 or Class A-7 Certificates, interest otherwise distributable to the Class A-X1B Certificates and Class A-X1A Certificates, in that order and, with respect to the Class A-X1A Certificates, after taking into account payments made pursuant to clause (i) above, until will be used to cover such amounts prior to the distribution of interest to the Class A-X1B Certificates and Class A-X1A Certificates, in accordance with this clause (1); (2) second, to the Senior Certificates (other than the Class A-X1A, Class A-X1B and Class A-X2 Certificates) concurrently on a pro rata basis based on the Certificate Principal Balance of each such Class has been reduced Class, the Available Distribution Amount remaining after payments pursuant to zero.clause (1) above; (B3) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effectthird, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Available Distribution Date in the following amounts and order of priority: Amount remaining after payments pursuant to clauses (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B1) and (y2) above, to each Class of Certificates for which a Senior Interest Shortfall Amount exists, the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider Senior Interest Shortfall Amount for such Distribution Date, pro rata, based on such Senior Interest Shortfall Amount; (4) fourth, from the Available Distribution Amount remaining after payments pursuant to clauses (1) through (3) above, to the extent remaining unpaid after distributions Reserve Fund and then from the Reserve Fund, concurrently to the Senior Certificates (other than the Class A-X1A, Class A-X1B, Class A-X2 and Class R Certificates) on a pro rata basis based on the Certificate Principal Balance of Interest Funds on each such Class, the related Net WAC Rate Carryover Amount payable to each such Class for such Distribution Date; (b5) secondfifth, from the Available Distribution Amount remaining after payments pursuant to clauses (1) through (4) above, concurrently to the Senior Certificates (other than the Class A-1AA-X1A, Class X-0X, Xxxxx X-0 A-X1B and Class A-3 A-X2 Certificates) on a pro rata basis based on the outstanding Certificate Principal Balance of such Class, the amount of any unreimbursed losses previously allocated to each such Class; and (6) sixth, to the Class R Certificates, in an amount up the remainder, if any (which is expected to be zero), of the Senior Principal Available Distribution Amount, pro rata based on their respective remaining after distributions pursuant to clauses (1) through (5) above. On each Distribution Date, all amounts representing Prepayment Charges in respect of the Loans received during the related Prepayment Period will be withdrawn from the Distribution Account and distributed to the Class P Certificates and shall not be available for distribution to the holders of any other Class of Certificates. The payment of such Prepayment Charges shall not reduce the Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders Balance of the Class M-1 P Certificates. On the Distribution Date in September 2010, up the Securities Administrator shall make a payment of principal to the Class M-1 Principal Distribution Amount P Certificates in reduction of the Certificate Principal Balance thereofthereof from amounts on deposit in a sub-account of the Distribution Account established and maintained by the Securities Administrator, until on behalf of the Certificate Principal Balance Trustee, for the exclusive benefit of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;P Certificateholders.

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the related Distribution Account the Available Distribution Amount for each Loan Group for such Distribution Date and distribute to each Certificateholder related Certificateholder, by wire transfer in immediately available funds for the account of the Certificateholder, Certificateholder or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), ) as specified by each such Certificateholder, Certificateholder and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such the related Available Distribution Amount, as applicable, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (ia) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute withdraw from the Distribution Account related to the Group I Loans to the extent on deposit therein an amount equal to the Interest Funds for such Distribution Date Remittance Amount and make the following disbursements and transfers in the following order of prioritypriority described below, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date: (i) first, to the extent remaining unpaid after distributions of Supplemental Interest Funds on such Distribution Date: (a) firstTrust, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Group I Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Group I Swap Provider and any Group I Swap Termination Payment (owed to the Group I Swap Provider not due to a Class A-1A Group I Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date; (bii) second, concurrently concurrently, to the Holders holders of the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Group I Senior Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(i) on a pro rata basis based on the entitlement of each such Class; and (ciii) third, sequentially, to the Holders holders of the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class M-6 I-M-6, Class I-M-7 and Class M-7 Certificates sequentiallyI-M-8 Certificates, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds to any Class of Class M Certificates with a higher payment priorityClass. (Ab) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap AccountDate, the Securities Administrator shall withdraw from the Distribution Account related to the Group I Loans to the extent on deposit therein an amount equal to the Group I Principal Distribution Amount and distribute to the Principal Funds for that Distribution Date Group I Certificateholders the following amounts, in the following amounts and order of priority: (ai) first, concurrently, (x) to the Class A-1A Swap AccountSupplemental Interest Trust, up to an amount equal to the sum of any Adjusted Group I Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Group I Swap Provider and any Group I Swap Termination Payment (owed to the Group I Swap Provider not due to a Class A-1A Group I Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, Event to the extent remaining unpaid after distributions of not paid from the Interest Funds Remittance Amount on such Distribution Date; (bii) second, concurrently (i) to the Class A-1AI-A-4 Certificates and (ii) to the Class I-A-1, Class X-0X, Xxxxx X-0 I-A-2 and Class I-A-3 Certificates, on a pro rata basis, based on their respective the Certificate Principal Balances, Balance of each such Class until their respective the Certificate Principal Balances have Balance of each such Class has been reduced to zero; (c) third, sequentially the Group I Senior Principal Distribution Amount for such Distribution Date; provided, however, that distributions to the Holders of the Class M-1I-A-1, Class M-2I-A-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 CertificatesI-A-3 Certificates pursuant to clause (ii) shall be made on a sequential basis, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero.; (Bc) On each The Group I Principal Distribution Date (iAmount remaining after distributions pursuant to Sections 4.1(b)(i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator above shall distribute the Principal Funds for that Distribution Date be distributed in the following amounts and order of priority: (ai) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class I-M-1 Certificates, up to the lesser of (x) the remaining Group I Principal Distribution Amount and (y) the Class I-M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereofAmount, until the Certificate Principal Balance of the Class I-M-1 Certificates has been reduced to zero; (dii) second, to the Holders of the Class I-M-2 Certificates, the lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount over (ii) the amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above, and (y) the Class I-M-2 Principal Distribution Amount, until the Certificate Principal Balance of the Class I-M-2 Certificates has been reduced to zero; (iii) third, to the Holders of the Class I-M-3 Certificates, the lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above and to the Holders of the Class I-M-2 Certificates under clause second above, and (y) the Class I-M-3 Principal Distribution Amount, until the Certificate Principal Balance of the Class I-M-3 Certificates has been reduced to zero; (iv) fourth, to the Holders of the Class M-2 I-M-4 Certificates, up to the Class M-2 lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount in reduction over (ii) the sum of the Certificate amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above, to the Holders of the Class I-M-2 Certificates under clause second above and to the Holders of the Class I-M-3 Certificates under clause third above, and (y) the Class I-M-4 Principal Balance thereofDistribution Amount, until the Certificate Principal Balance of the Class M-2 I-M-4 Certificates has been reduced to zero; (v) fifth, to the Holders of the Class I-M-5 Certificates, the lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above, to the Holders of the Class I-M-2 Certificates under clause second above, to the Holders of the Class I-M-3 Certificates under clause third above and to the Holders of the Class I-M-4 Certificates under clause fourth above, and (y) the Class I-M-5 Principal Distribution Amount, until the Certificate Principal Balance of the Class I-M-5 Certificates has been reduced to zero; (vi) sixth, to the Holders of the Class I-M-6 Certificates, the lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above, to the Holders of the Class I-M-2 Certificates under clause second above, to the Holders of the Class I-M-3 Certificates under clause third above, to the Holders of the Class I-M-4 Certificates under clause fourth above and to the Holders of the Class I-M-5 Certificates under clause fifth above, and (y) the Class I-M-6 Principal Distribution Amount, until the Certificate Principal Balance of the Class I-M-6 Certificates has been reduced to zero; (vii) seventh, to the Holders of the Class I-M-7 Certificates, the lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above, to the Holders of the Class I-M-2 Certificates under clause second above, to the Holders of the Class I-M-3 Certificates under clause third above, to the Holders of the Class I-M-4 Certificates under clause fourth above, to the Holders of the Class I-M-5 Certificates under clause fifth above and to the Holders of the Class I-M-6 Certificates under clause sixth above, and (y) the Class I-M-7 Principal Distribution Amount, until the Certificate Principal Balance of the Class I-M-7 Certificates has been reduced to zero; and (viii) eighth, to the Holders of the Class I-M-8 Certificates, the lesser of (x) the excess of (i) the remaining Group I Principal Distribution Amount over (ii) the sum of the amounts distributed to the Holders of the Class I-M-1 Certificates under clause first above, to the Holders of the Class I-M-2 Certificates under clause second above, to the Holders of the Class I-M-3 Certificates under clause third above, to the Holders of the Class I-M-4 Certificates under clause fourth above, to the Holders of the Class I-M-5 Certificates under clause fifth above, to the Holders of the Class I-M-6 Certificates under clause sixth above and to the Holders of the Class I-M-7 Certificates under clause seventh above, and (y) the Class I-M-8 Principal Distribution Amount, until the Certificate Principal Balance of the Class M-8 Certificates has been reduced to zero. (d) On each Distribution Date, the Net Monthly Excess Cashflow shall be distributed as follows: (i) to the holders of the Group I Senior Certificates and Mezzanine Certificates, an amount equal to the Overcollateralization Increase Amount for such Distribution Date, payable to such holders in accordance with the priorities set forth in Section 4.1(b) above; (ii) sequentially, to the holders of the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7 and Class I-M-8 Certificates, in that order, the related Interest Carry Forward Amount for each such Class for such Distribution Date; (iii) to the Group I Reserve Fund, an amount equal to the sum of the related Net WAC Rate Carryover Amounts, if any for the Group I Senior Certificates and Mezzanine Certificates for such Distribution Date; (iv) to the holders of the Group I Senior Certificates, the Allocated Realized Loss Amount for each such Class, on a pro rata basis, based on the amount due with respect to each such Class; (v) sequentially, to the holders of the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7 and Class I-M-8 Certificates, in that order, the Allocated Realized Loss Amount allocable to each Class; (vi) to the Supplemental Interest Trust, an amount equal to any Group I Swap Termination Payment owed to the Group I Swap Provider due to a Group I Swap Provider Trigger Event pursuant to the Group I Swap Agreement; and (vii) to the holders of the Class I-CE Certificates the related Interest Distribution Amount and any Overcollateralization Reduction Amount for such Distribution Date. The Class I-CE Certificates are intended to receive all principal and interest received by the Trust on the Group I Loans that is not otherwise distributable to any other Class of Regular Certificates or REMIC Regular Interests. If the Securities Administrator determines that the Residual Certificates are entitled to any distributions on any Distribution Date other than the final Distribution Date, the Securities Administrator, prior to any such distribution to any Residual Certificate, shall notify the Depositor of such impending distribution. Upon such notification, the Depositor will prepare and request that the other parties hereto enter into an amendment to the Pooling and Servicing Agreement pursuant to Section 11.1, to revise such mistake in the distribution provisions. (e) On each Distribution Date, after making the distributions of the Group I Available Distribution Amount as set forth above, the Securities Administrator will first, withdraw from the Group I Reserve Fund all income from the investment of funds in the Reserve Fund and distribute such amount to the Holders of the Class I-CE Certificates, and second, withdraw from the Group I Reserve Fund, to the extent of amounts remaining on deposit therein, the amount of any Net WAC Rate Carryover Amount for such Distribution Date and distribute such amount and distribute such amounts to the Group I Senior Certificates and Mezzanine Certificates in the following manner and order of priority: first, concurrently to the Group I Senior Certificates, on a pro rata basis, the related Net WAC Rate Carryover Amount for such Distribution Date for each such Class; second, to the Class I-M-1 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; third, to the Class I-M-2 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; fourth, to the Class I-M-3 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; fifth, to the Class I-M-4 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; sixth, to the Class I-M-5 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; seventh, to the Class I-M-6 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; eighth, to the Class I-M-7 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class; and ninth, to the Class I-M-8 Certificates, the related Net WAC Rate Carryover Amount for such Distribution Date for such Class.

Distributions to Certificateholders. (a) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator, to the extent on deposit therein and based solely upon the Remittance Report for such Distribution Date, shall withdraw from the Distribution Account the Available Distribution Amount for such Distribution Date and distribute to each Certificateholder by wire transfer in immediately available funds for the account of the Certificateholder, or by any other means of payment acceptable to each Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.1 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: (i) On each Distribution Date, following withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Interest Funds Remittance Amount for such Distribution Date in the following order of priority, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date: (a) first, concurrently, (x) to the Class A-1A applicable Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth Account in the first paragraph of this Section 4.1(a)(i) and (y) to the Certificate Swap AccountSupplemental Interest Trust, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider Providers and any Swap Termination Payment (owed to the Swap Providers not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider Event for such Distribution Date; (b) second, concurrently to the Holders of the Class A-1AA-1, Class X-0X, Xxxxx X-0 A-2 and Class A-3 Certificates, up to the related Senior Interest Distribution Amount for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in to the first paragraph extent of this Section 4.1(a)(i) the Interest Remittance Amount on a pro rata basis based on the entitlement of each such Class; and (c) third, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 M-6, Class M-7 and Class M-7 M-8 Certificates sequentially, in that order, up to the related Interest Distribution Amount allocable to each such Class to the extent of the Interest Funds Remittance Amount for such Distribution Date remaining after distribution of the Senior Interest Distribution Amount to the Class A Certificates and distribution of the Interest Funds Distribution Amount to any Class of Class M Certificates with a higher payment priority. (A) On each Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger Event is in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(A) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero; (c) third, sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, the Principal Funds remaining after the distributions in subsection (a) and (b) above, until the Certificate Principal Balance of each such Class has been reduced to zero. (B) On each Distribution Date (i) on or after the Stepdown Date and (ii) on which a Trigger Event is not in effect, following the distribution of the Interest Funds and withdrawals from the Class A-1A Swap Account, the Securities Administrator shall distribute the Principal Funds for that Distribution Date in the following amounts and order of priority: (a) first, concurrently, (x) to the Class A-1A Swap Account, up to an amount equal to the sum of any Adjusted Net Securities Administrator Class A-1A Swap Payment owed to the Class A-1A Swap Provider and any Swap Termination Payment (not due to a Class A-1A Swap Provider Trigger Event) owed to the Class A-1A Swap Provider for such Distribution Date remaining undistributed after all prior distributions on such Distribution Date as set forth in the first paragraph of this Section 4.1(a)(ii)(B) and (y) to the Certificate Swap Account, up to an amount equal to the sum of any Net Securities Administrator Certificate Swap Payment owed to the Certificate Swap Provider and any Swap Termination Payment (not due to a Certificate Swap Provider Trigger Event) owed to the Certificate Swap Provider for such Distribution Date, to the extent remaining unpaid after distributions of Interest Funds on such Distribution Date; (b) second, concurrently to the Class A-1A, Class X-0X, Xxxxx X-0 and Class A-3 Certificates, in an amount up to the Senior Principal Distribution Amount, pro rata based on their respective Certificate Principal Balances, until their respective Certificate Principal Balances have been reduced to zero, (c) third, to the Holders of the Class M-1 Certificates, up to the Class M-1 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-1 Certificates has been reduced to zero; (d) fourth, to the Holders of the Class M-2 Certificates, up to the Class M-2 Principal Distribution Amount in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance of the Class M-2 Certificates has been reduced to zero;