Common use of Monthly Payments Clause in Contracts

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class C Certificateholder holds Class C Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment or the Class C Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

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Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class C Certificateholder holds Class C Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment or the Class C Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class B-3I, Class C Subsidiary or Class C Master Certificateholder holds Class B-3I, Class C Subsidiary or Class C Master Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment Payment, the Class B-3I Distribution Amount, the Class C Subsidiary Distribution Amount or the Class C Master Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates, Class M-2 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class B-3I, Class C Subsidiary or Class C Master Certificateholder holds Class B-3I, Class C Subsidiary or Class C Master Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class M-2 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment Payment, the Class B-3I Distribution Amount, the Class C Subsidiary Distribution Amount or the Class C Master Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates M Certificates, or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class B-3I, Class C Subsidiary or Class C Master Certificateholder holds Class B-3I, Class C Subsidiary or Class C Master Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class M-2 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment Payment, the Class B-3I Distribution Amount, the Class C Subsidiary Distribution Amount or the Class C Master Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. (a) Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates M Certificates, or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class B-3I, Class C Subsidiary, Class C Intermediate or Class C Master Certificateholder holds a Class B-3I, Class C Certificates Subsidiary, Class C Intermediate or Class C Master Certificate with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of all amounts distributed on the applicable Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment or the Class C Distribution Amount, as applicableof Certificates. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates M Certificates, or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class B-3I, Class C Subsidiary, Class C Intermediate or Class C Master Certificateholder holds a Class B-3I, Class C Certificates Subsidiary, Class C Intermediate or Class C Master Certificate with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of all amounts distributed on the applicable Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment or the Class C Distribution Amount, as applicableof Certificates. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

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Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class C Certificateholder holds Class C Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 B--1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment or the Class C Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder holder of a Certificate and or Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Payment Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds Certificates of a Class of Class A Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a of such Class C Certificateholder holds Class C Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten 10 days prior to such Remittance Payment Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A A-1 Distribution Amount, the Class A-2 Distribution Amount, the Class A-3 Distribution Amount, the Class M-1 Distribution Amount, the Class M-2 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Class B-2 Guaranty Payment or the Class C Distribution Amount, as applicable. Final payment of any Certificate or the Class C Certificate shall be made only upon presentation of such Certificate or the Class C Certificate at the office or agency of the Paying Agent.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A A-1 Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class B-3I, Class C Subsidiary or Class C Master Certificateholder holds Class B-3I, Class C Subsidiary or Class C Master Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment Payment, the Class B-3I Distribution Amount, the Class C Subsidiary Distribution Amount or the Class C Master Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)

Monthly Payments. a. Subject to the terms of this Article VIII, each Holder of a Certificate and Class C Certificate as of a Record Date shall be paid on the next succeeding Remittance Date by check mailed on such Remittance Date to such Certificateholder or Class C Certificateholder at the address for such Certificateholder or Class C Certificateholder appearing on the Certificate Register (or, if such Certificateholder holds a Class of Class A A-1 Certificates, Class M-1 Certificates or a Class of Class B Certificates with an aggregate Percentage Interest of at least 5% or a Class C Certificateholder holds Class C Certificates with an aggregate Percentage Interest of at least 20% and so requests, by wire transfer pursuant to instructions delivered to the Trustee at least ten days prior to such Remittance Date), the sum equal to such Certificateholder's or Class C Certificateholder's Percentage Interest of the Class A A-1 Distribution Amount, the Class M-1 Distribution Amount, the Class B-1 Distribution Amount, the Class B-2 Distribution Amount, any Guarantee Payment or the Class C Distribution Amount, as applicable. Final payment of any Certificate or Class C Certificate shall be made only upon presentation of such Certificate or Class C Certificate at the office or agency of the Paying Agent.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)

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