Common use of Permitted Withdrawals From the Distribution Account Clause in Contracts

Permitted Withdrawals From the Distribution Account. (a) The Trustee shall withdraw funds from the Distribution Account for distributions to Certificateholders in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to retain pursuant to the last paragraph of Section 8.11). In addition, the Trustee may from time to time make withdrawals from the Distribution Account for the following purposes:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc), Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)

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Permitted Withdrawals From the Distribution Account. (a) The Trustee shall withdraw funds from the Distribution Account for distributions to Certificateholders in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to retain withhold pursuant to Section 9.01). On each Distribution Date, the last paragraph of Section 8.11)Trustee shall withdraw from the Distribution Account and pay to the Certificate Insurer, the Certificate Insurance Premium due to the Certificate Insurer on such date. In addition, the Trustee may from time to time make withdrawals from the Distribution Account for the following purposes:

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Mortgage Loan Trust 2007-9sl)

Permitted Withdrawals From the Distribution Account. (a) The Indenture Trustee shall withdraw funds from the Distribution Account for distributions to Certificateholders Noteholders in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to retain pursuant to the last paragraph of Section 8.11)withhold hereunder. In addition, the Indenture Trustee may from time to time make withdrawals from the Distribution Account for the following purposes:

Appears in 1 contract

Samples: Sale Agreement (Lares Asset Securitization, Inc.)

Permitted Withdrawals From the Distribution Account. (a) The Trustee shall withdraw funds from the Distribution Account for distributions to Certificateholders in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to retain pursuant to the last paragraph of Section 8.11)withhold hereunder. In addition, the Trustee may from time to time make withdrawals from the Distribution Account for the following purposes:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Etrade Mortgage Backed Securities Corp)

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Permitted Withdrawals From the Distribution Account. (a) The Trustee shall withdraw funds from the Distribution Account for distributions to Certificateholders Certificateholders, in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to retain withhold pursuant to the last paragraph of Section 8.11). In addition, the Trustee may from time to time make withdrawals from the Distribution Account for the following purposes:

Appears in 1 contract

Samples: Trust Agreement (MASTR Seasoned Securitization Trust 2004-2)

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