Common use of PAYMENTS ON THE CERTIFICATES Clause in Contracts

PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Date, commencing in April 2004, in an aggregate amount equal to the Available Funds for such Payment Date. On each Payment Date, the Available Funds shall be distributed as follows:

Appears in 2 contracts

Samples: Grantor Trust Agreement (Imh Assets Corp Collateralized Asset Backed Bonds Ser 2004 3), Grantor Trust Agreement (Imh Assets Corp Collateralized Asset Backed Bonds Ser 2004 3)

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PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Distribution Date, commencing in April December 2004, in an aggregate amount equal to the Available Funds for such Payment Distribution Date. On each Payment Distribution Date, the Available Funds shall be distributed as followsin the following order of priority and to the extent of Available Funds:

Appears in 1 contract

Samples: Grantor Trust Agreement (National Collegiate Student Loan Trust 2004-2)

PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Date, commencing in April 2004February 2005, in an aggregate amount equal to the Available Funds for such Payment Date. On each Payment Date, the Available Funds shall be distributed as followsin the following order of priority and to the extent of Available Funds:

Appears in 1 contract

Samples: Grantor Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2005-1)

PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Distribution Date, commencing in April 20042005, in an aggregate amount equal to the Available Funds for such Payment Distribution Date. On each Payment Distribution Date, the Available Funds shall be distributed as followsin the following order of priority and to the extent of Available Funds:

Appears in 1 contract

Samples: Grantor Trust Agreement (National Collegiate Student Loan Trust 2005-1)

PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Date, commencing in April August 2004, in an aggregate amount equal to the Available Funds for such Payment Date. On each Payment Date, the Available Funds shall be distributed as followsin the following order of priority and to the extent of Available Funds:

Appears in 1 contract

Samples: Grantor Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2004-7)

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PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Date, commencing in April November 2004, in an aggregate amount equal to the Available Funds for such Payment Date. On each Payment Date, the Available Funds shall be distributed as followsin the following order of priority and to the extent of Available Funds:

Appears in 1 contract

Samples: Grantor Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2004-9)

PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Date, commencing in April 2004October 2003, in an aggregate amount equal to the Available Funds for such Payment Date. On each Payment Date, the Available Funds shall be distributed as follows:

Appears in 1 contract

Samples: Grantor Trust Agreement (Imh Assets Corp Impac CMB Trust Series 2003 10)

PAYMENTS ON THE CERTIFICATES. (a) Interest and principal on the Certificates will be distributed monthly on each Payment Date, commencing in April July 2004, in an aggregate amount equal to the Available Funds for such Payment Date. On each Payment Date, the Available Funds shall be distributed as followsin the following order of priority and to the extent of Available Funds:

Appears in 1 contract

Samples: Grantor Trust Agreement (IMPAC CMB Trust SERIES 2004-6)

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