Payment of Principal Collections. Except on the Payment Date in the month specified in the Adoption Annex, on each Payment Date, the Indenture Trustee shall distribute out of the Collection Account to the Holders of the Notes the Principal Collections up to the Scheduled Principal Collections Payment Amount but not in excess of the Note Principal Balance. On the Payment Date in the month specified in the Adoption Annex, the Indenture Trustee shall distribute to the Holders of the Notes the Principal Collections up to the Note Principal Balance.
Appears in 19 contracts
Samples: Indenture (Cwabs Inc), Indenture (Cwabs Inc Revolving Home Eq Loan Asset BKD Notes Ser 2003-C), Indenture (Cwabs Inc)
Payment of Principal Collections. Except on the Payment Date in the month specified in the Adoption Annex, on each Payment Date, the Indenture Trustee shall distribute out of the Collection Payment Account to the Holders of the each Class of Notes the Principal Collections from the related Loan Group up to the related Scheduled Principal Collections Payment Amount but not in excess of the related Note Principal Balance. On the Payment Date in the month specified in the Adoption Annex, the Indenture Trustee shall distribute to the Holders of the each Class of Notes the Principal Collections from the related Loan Group up to the related Note Principal Balance.
Appears in 4 contracts
Samples: Indenture (CWABS Revolving Home Equity Loan Trust, Series 2004-G), Indenture (CWABS Revolving Home Equity Loan Trust, Series 2004-E), Indenture (CWABS Revolving Home Equity Loan Trust, Series 2004-F)
Payment of Principal Collections. Except on the Payment Date in the month specified in the Indenture Adoption Annex, on each Payment Date, the Indenture Trustee shall distribute out of the Collection Payment Account to the Holders of the each Class of Principal Amount Notes the Investor Principal Collections up to for the Scheduled Principal Collections Payment Amount related Loan Group but not in excess of the related Note Principal Balance. On the Payment Date in the month specified in the Indenture Adoption Annex, the Indenture Trustee shall distribute to the Holders of the each Class of Principal Amount Notes the all Principal Collections from the related Loan Group up to the related Note Principal Balance.
Appears in 3 contracts
Samples: Indenture (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-D), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2006-B), Indenture (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-C)
Payment of Principal Collections. Except on the Payment Date in the month specified in the Adoption Annex, on each Payment Date, the Indenture Trustee shall distribute out of the Collection Account to the Holders of the each Class of Notes the Principal Collections from the related Loan Group up to the related Scheduled Principal Collections Payment Amount but not in excess of the related Note Principal Balance. On the Payment Date in the month specified in the Adoption Annex, the Indenture Trustee shall distribute to the Holders of the each Class of Notes the Principal Collections from the related Loan Group up to the related Note Principal Balance.
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