Common use of Notification of Determinations Clause in Contracts

Notification of Determinations. (a) The Cash Manager will cause each determination of Principal Receipts, Revenue Receipts, Losses, Mortgages Trust Available Revenue Receipts, the Funding 1 Share and the Seller Share, the Funding 1 Share Percentage, the Seller Share Percentage and the Minimum Seller Share to be notified forthwith in writing to the Mortgages Trustee, the Beneficiaries and the Security Trustee. (b) The Cash Manager will cause each determination of the Funding 1 Income Deficit (if any), the Funding 1 Liquidity Shortfall (if any), the Funding 1 Available Principal Receipts and Funding 1 Available Revenue Receipts to be notified forthwith in writing to Funding 1 and the Security Trustee.

Notification of Determinations. (a) The Cash Manager will cause each determination of Principal Receipts, Revenue Receipts, Losses, Mortgages Trust Trustee Available Revenue Receipts, the Funding 1 Share and the Seller Share, the Funding 1 Share Percentage, the Seller Share Percentage and the Minimum Seller Share to be notified forthwith in writing to the Mortgages Trustee, the Beneficiaries and the Security Trustee. (b) The Cash Manager will cause each determination of the Funding 1 Income Deficit (if any), the Funding 1 Liquidity Shortfall Revenue Deficit Cure Amount (if any), the Funding 1 Available Principal Receipts and Funding 1 Available Revenue Receipts to be notified forthwith in writing to Funding 1 and the Security Trustee.