Common use of Priorities of Distributions Clause in Contracts

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group from the applicable Pool Distribution Amount and priorities (iv) and (v) from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iiiiv) to each Group from the applicable Pool Distribution Amount and priorities (ivv) and (vvi) from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 and the Class 1-SES Component solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) paying Group 2 and (v) the Class 2-SES Components solely from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such fundsAmount for Loan Group 2:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the applicable Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) for deposit in the Upper-Tier Certificate Account and to the Class 1-A-LR Certificate, and then from the Upper-Tier Certificate Account to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) and (v) Group 2 solely from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such fundsAmount for Loan Group 2:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the applicable Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) for deposit in the Upper-Tier Certificate Account and to the Class 1-A-LR Certificate, and then from the Upper-Tier Certificate Account to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) and (v) paying Group 2 solely from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such fundsAmount for Loan Group 2:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee Securities Administrator shall withdraw from the Certificate Account (to the extent funds are available therein) (1) to the extent not previously paid, the amounts payable to the Master Servicer, the Securities Administrator and the Trustee pursuant to Sections 3.11(b)(iSection 3.09(f) and 3.11(b)(ii) Section 3.11 and shall pay such funds to itself, the Master Servicer and the Trustee, as applicable, and (2) based solely on the information contained in the Master Servicer's Certificate, the Pool Distribution Amount (after the payment of the Servicing Fees for such Mortgage Loans and expenses and indemnities reimbursable pursuant to this Agreement, in each case to the extent not previously retained by or distributed to a Servicer, the Securities Administrator, the Master Servicer or the Trustee) for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, funds to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group solely from the applicable Pool Distribution Amount and priorities (iv) and (v) from for the remaining combined Pool Distribution AmountsRelated Loan Group, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts amount payable to the Trustee pursuant to Sections 3.11(b)(i) and Section 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds (or be deemed to apply such funds, firstas applicable), first to the payment to itself of the amount payable with respect to such Loan Group pursuant to Section 3.11(b)(i) and then to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group from the applicable Pool Distribution Amount and priorities (iv) and (v) from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds (or be deemed to apply such funds, firstas applicable), to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount and priorities (iv) and (v) for Loan Group 1, paying Group 2 solely from the remaining combined Pool Distribution AmountsAmount for Loan Group 2, paying Group 3 solely from the Pool Distribution Amount for Loan Group 3, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts amount payable to the Trustee pursuant to Sections 3.11(b)(i) and Section 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds (or be deemed to apply such funds, firstas applicable), first to the payment to itself of the amount payable with respect to such Loan Group pursuant to Section 3.11(b)(i) and then to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR R Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) and (v) paying Group 2 solely from the remaining combined Pool Distribution AmountsAmount for Loan Group 2, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds (or shall be deemed to apply such funds, as applicable), first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) for deposit in the Upper-Tier Certificate Sub-Account and to the Class 1-A-LR Certificate, and then from the Upper-Tier Certificate Sub-Account to distributions on the Certificates (other than the Class 1-A-LR Certificate)) and to MBIA. Distributions shall be made on the Certificates and to MBIA in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1, the Class 1-SES Component and MBIA solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) paying Group 2 and (v) the Class 2-SES Component solely from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such fundsAmount for Loan Group 2:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds (or be deemed to apply such funds, firstas applicable), to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) and (v) paying Group 2 solely from the remaining combined Pool Distribution AmountsAmount for Loan Group 2, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to for a deemed deposit in the Class 1Upper-ATier Certificate Sub-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate)Account. Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount for Loan Group 1, paying Group 2 solely from the Pool Distribution Amount for Loan Group 2 and priorities paying the Class B Certificates (iv) and (vincluding amounts used to pay Class PO Deferred Amounts) from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts amount payable to the Trustee pursuant to Sections 3.11(b)(i) and Section 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds (or be deemed to apply such funds, firstas applicable), first to the payment to itself of the amount payable with respect to such Loan Group pursuant to Section 3.11(b)(i) and then to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group 1 solely from the applicable Pool Distribution Amount for Loan Group 1 and priorities (iv) and (v) paying Group 2 solely from the remaining combined Pool Distribution AmountsAmount for Loan Group 2, in the following order of priority and to the extent of such funds:

Priorities of Distributions. (axvii) On each Distribution Date, based solely on the information contained in the Servicer's Certificate, the Trustee shall withdraw from the Certificate Account (to the extent funds are available therein) (1) the amounts payable to the Trustee pursuant to Sections 3.11(b)(i) and 3.11(b)(ii) and shall pay such funds to itself, and (2) the Pool Distribution Amount for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the Business Day following the related Determination Date, and shall apply such funds, first, to distributions in respect of the Uncertificated Lower-Tier Interests as specified in this Section 5.02(a) and to the Class 1-A-LR Certificate, and then to distributions on the Certificates (other than the Class 1-A-LR Certificate). Distributions shall be made on the Certificates in the following order of priority and to the extent of such funds, paying priorities (i) through (iii) to each Group from the applicable Pool Distribution Amount and priorities (iv) and (v) from the remaining combined Pool Distribution Amounts, in the following order of priority and to the extent of such funds: