Estimated Funding. From time to time, the Guarantor may deposit Estimated Funding to a Certificate Account, determined on the basis of expected collections of principal and interest payments on the Pooled Securities and anticipated payments to be made to Holders on the following Distribution Date or a subsequent Distribution Date, as applicable, which amount may be an estimated amount pending reconciliation of receipts and allocation of amounts owed to Holders. Any Estimated Funding amounts in excess of funds required to be distributed to Holders on a Distribution Date will, upon request of the Guarantor, be reimbursed to the Guarantor after reconciliation of funds actually collected.
Appears in 10 contracts
Samples: Federal National Mortgage Association, SMBS Master Trust Agreement, Supers Master Trust Agreement
Estimated Funding. From time to time, the Guarantor may deposit Estimated Funding to a Certificate Account, determined on the basis of expected collections of principal and interest payments on the Pooled related Mortgage-Backed Securities and anticipated payments to be made to Holders on the following Distribution Date or a subsequent Distribution Date, as applicable, which amount may be an estimated amount pending reconciliation of receipts and allocation of amounts owed to Holders. Any Estimated Funding amounts in excess of funds required to be distributed to Holders on a Distribution Date will, upon request of the Guarantor, be reimbursed to the Guarantor after reconciliation of funds actually collected.
Appears in 4 contracts
Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement
Estimated Funding. From time to time, the Guarantor may deposit Estimated Funding to a the Certificate Account, determined on the basis of expected collections of principal and interest payments on the Pooled Securities Group 4 MBS and anticipated payments to be made to Holders on the following Distribution Date or a subsequent Distribution Date, as applicable, which amount may be an estimated amount pending reconciliation of receipts and allocation of amounts owed to Holders. Any Estimated Funding amounts in excess of funds required to be distributed to Holders on a Distribution Date will, upon request of the Guarantor, be reimbursed to the Guarantor after reconciliation of funds actually collected.
Appears in 1 contract
Samples: Trust Agreement