Excess Spread Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's Monthly Remittance Report for such Payment Date) shall distribute the Excess Spread, if any, in the following order of priority (in each case after giving effect to all payments specified in Section 5.01(d) hereof):
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Empire Funding Home Loan Owner Trust 1998 3), Sale and Servicing Agreement (Securitized Asset Backed Receivables LLC), Sale and Servicing Agreement (Bcap LLC)
Excess Spread Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's ’s Monthly Remittance Report for such Payment Date) shall distribute the Excess Spread, if any, in the following order of priority (in each case after giving effect to all payments specified in Section 5.01(d) hereof):
Appears in 1 contract
Excess Spread Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's ’s Monthly Remittance Report for such Payment Date) shall distribute the Excess Spread, if any, in the following order of priority (in each case after giving effect to all payments specified in Section 5.01(d) 5.01[ ] hereof):): [to be provided as applicable]
Appears in 1 contract
Samples: Sale and Servicing Agreement (Hsi Asset Securitization Corp)
