Common use of Permitted Withdrawals and Transfers from the Distribution Account Clause in Contracts

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will make or cause to be made such withdrawals or transfers from the Distribution Account for the following purposes: (i) to pay to itself the Trustee Fee; (ii) to reimburse the Trustee, Supplemental Interest Trust Trustees or the Swap Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to this Agreement; (iii) to pay investment income to the Trustee; (iv) to remove amounts deposited in error; (v) with respect to each Loan Group, to make distributions to the Swap Administrator for payment to the related Swap Provider as provided in this Agreement; and (vi) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute Interest Funds with respect to each Loan Group and Principal Funds with respect to each Loan Group in the Distribution Account to the Holders of the Certificates in accordance with Section 5.04.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will make or cause to be made such withdrawals or transfers from the Distribution Account for the following purposes: (i) to pay to itself the Trustee Fee; (ii) to reimburse the Trustee, Supplemental Interest Trust Trustees or the Swap Derivative Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to this Agreement; (iii) to pay investment income to the Trustee; (iv) to remove amounts deposited in error; (v) with respect to each Loan Group, to make distributions to the Swap Derivative Administrator for payment to the related Swap Provider as provided in this Agreement; and (vi) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute Interest Funds with respect to each Loan Group and Principal Funds with respect to each Loan Group in the Distribution Account to the Holders of the Certificates in accordance with Section 5.04.