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, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 or 8.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to remove amounts deposited in error; and (vi) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Available Funds to the Holders of the Certificates in accordance with Section 5.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Master Servicer Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, Trustee and the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 7.04 or 8.05 9.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to pay to Xxxxxxxxx any investment income; (vi) to remove amounts deposited in error; and (vivii) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Available Interest Funds and Principal Funds for such Distribution Date to the Holders of the Certificates in accordance with Section 5.016.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 or 8.05 (including those related to the Custodian, to the extent not paid by XxxxxxxxxTxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to remove amounts deposited in error; and (vi) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Available Funds to the Holders of the Certificates in accordance with Section 5.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee Securities Administrator will, from time to time on demand of the Master Servicer or the Securities AdministratorTrustee, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 or 8.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx), and to reimburse the Trustee for any fees, costs and expenses costs incurred by or reimbursable to it pursuant to Section 2.03(a), 7.01(b), 8.02, 8.05 or 8.07, to the extent not otherwise reimbursed to it; (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to remove amounts deposited in error; (vi) to pay to Xxxxxxxxx (in its capacity as a Servicer) all investment earnings on amounts on deposit in the Distribution Account (subject to Section 4.02(c) if the Collection Account is a sub-account of the Distribution Account); and (vivii) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee Securities Administrator shall distribute the aggregate Available Funds to the Holders of the Certificates in accordance with Section 5.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Master Servicer Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 7.04 or 8.05 9.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to remove amounts deposited in error; and (vi) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Group 1 Available Funds, Group 2 Available Funds and Group 3 Available Funds to the Holders of the Certificates in accordance with Section 5.016.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Master Servicer Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 7.04 or 8.05 9.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to pay to Xxxxxxxxx any investment income; (vi) to remove amounts deposited in error; and (vivii) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Group 1 Available Funds, Group 2 Available Funds, Group 3 Available Funds and Group 4 Available Funds to the Holders of the Certificates in accordance with Section 5.016.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the Trustee, the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it pursuant to Sections 3.27 or 8.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to remove amounts deposited in error; and (vi) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Available Funds to the Holders of the Certificates in accordance with Section 5.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Master Servicer Collection Account pursuant to Section 4.03(a); (ii) to pay the Trustee its monthly Trustee Fee; (iii) to reimburse the TrusteeSecurities Administrator, the Trustee and the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it them pursuant to Sections 3.27 7.04 or 8.05 9.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; (v) to pay to the Trustee any investment income; (vi) to remove amounts deposited in error; and (vivii) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Available Funds to the Holders of the Certificates in accordance with Section 5.016.01.

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, or for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes: (i) to return to the Master Servicer or the applicable Servicer, any amounts which should have been withdrawn from the Master Servicer Collection Account pursuant to Section 4.03(a); ; (ii) to pay the Trustee its monthly Trustee Fee; ; (iii) to reimburse the TrusteeSecurities Administrator, the Trustee and the Delaware Trustee and the Securities Administrator for expenses, costs and liabilities incurred by or reimbursable to it them pursuant to Sections 3.27 7.04 or 8.05 9.05 (including those related to the Custodian, to the extent not paid by Xxxxxxxxx); ; (iv) to make distributions of Retained Interest to the Retained Interest Holder on each Distribution Date; ; (v) to pay to the Trustee any investment income; (vi) to remove amounts deposited in error; and and (vivii) to clear and terminate the Distribution Account pursuant to Section 10.01. (b) On each Distribution Date, the Trustee shall distribute the aggregate Available Funds to the Holders of the Certificates in accordance with Section 5.016.01.