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

Permitted Withdrawals From the Distribution Account. 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for distributions to Certificateholders in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to withhold pursuant to Section 9.01). In addition, the Trustee may from time to time make withdrawals from the Distribution Account for the following purposes: (i) to pay all amounts described in the sixth bullet of clause (1) of the definition of “Available Distribution Amount”; (ii) to withdraw and retain the investment earnings on the Distribution Account as its compensation for the related Distribution Date; (iii) to withdraw and return to the Servicer any amount deposited in the Distribution Account and not required to be deposited therein; and (iv) to clear and terminate the Distribution Account upon termination of the Agreement pursuant to Section 7.01.

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for distributions to Certificateholders in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to withhold retain pursuant to the last paragraph of Section 9.018.11). In addition, the Trustee may from time to time make withdrawals from the Distribution Account for the following purposes: (i) to pay all amounts described to the Master Servicer as additional servicing compensation earnings on or investment income with respect to funds in or credited to the sixth bullet of clause (1) of the definition of “Available Distribution Amount”Account; (ii) to withdraw and retain the investment earnings on the Distribution Account as its compensation for the related Distribution Date; (iii) to withdraw and return to the Servicer any amount deposited in the Distribution Account and not required to be deposited therein; and (iviii) to clear and terminate the Distribution Account upon termination of the Agreement pursuant to Section 7.019.01 hereof.