Common use of Group I—Distributions to Certificateholders Clause in Contracts

Group I—Distributions to Certificateholders. (a) On each Distribution Date, 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 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 10.1 or Section 10.2 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of such Holder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Group I Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority:

Group I—Distributions to Certificateholders. (a) On each Distribution Date, 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 for such Distribution Date and distribute to the Group I Senior Certificate Insurer and to each Certificateholder Holder of a Group I Certificate by wire transfer in immediately available funds for the account of the such Certificateholder, or by any other means of payment acceptable to each related Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 10.1 or Section 10.2 respecting the final distribution), as specified by each such Certificateholder, and at the address of such Holder Certificateholder appearing in the Certificate Register, with respect to such Certificateholder, from the amount so withdrawn and to the extent of such Group I Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority:

Group I—Distributions to Certificateholders. (a) On each Distribution Date, 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 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 10.1 or Section 10.2 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 Group I Available Distribution Amount, such Certificateholder’s Percentage Interest of the following amounts and in the following order and priority: