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 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 related Determination Date, and shall apply such funds to distributions on the Certificates in the following order of priority and to the extent of such funds, paying Group 1 solely from the Pool Distribution Amount for Loan Group 1, Group 2 solely from the Pool Distribution Amount for Loan Group 2 and Group 3 solely from the Pool Distribution Amount for Loan Group 3:

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 related Determination Date, and shall apply such funds from the Certificate Account to distributions on the Certificates Certificates, 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, paying Group 1 solely from the Pool Distribution Amount for Loan Group 1, Group 2 solely from the Pool Distribution Amount for Loan Group 2 and Group 3 solely from the Pool Distribution Amount for Loan Group 3:

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 applicable 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(g) and 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 for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the related Determination Date, and shall apply such funds to distributions on the Certificates in the following order of priority and to the extent of such funds, paying each Group 1 solely from the Pool Distribution Amount for the Related Loan Group 1Group, Group 2 solely from in the Pool Distribution Amount for Loan Group 2 following order of priority and Group 3 solely from to the Pool Distribution Amount for Loan Group 3extent 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 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 from the Certificate Account to distributions on the Certificates in the following order of priority and to the extent of such funds, paying Group 1 and the Class 1-B Certificates solely from the Pool Distribution Amount for Loan Group 1, 1 and paying Group 2 solely from the Pool Distribution Amount for Loan Group 2 2, in the following order of priority and Group 3 solely from to the Pool Distribution Amount for Loan Group 3extent of such funds:

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 applicable 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 for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the related Determination DateAmount, and shall apply such funds to distributions on the Certificates in the following order of priority and to the extent of such funds, paying Group 1 solely from in the Pool Distribution Amount for Loan Group 1, Group 2 solely from following order of priority and to the Pool Distribution Amount for Loan Group 2 and Group 3 solely from the Pool Distribution Amount for Loan Group 3extent of such funds:

Priorities of Distributions. (a) On each Distribution Date, based solely on the information contained in the Master 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)(i3.05(c)(i) and 3.11(b)(ii3.05(c)(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 Master Servicer no later than the Business Day following the related Determination Date, and shall apply such funds funds, to distributions on to the Certificates Certificates, paying Group 1 solely from the Pool Distribution Amount for Loan Group 1 and paying Group 2 solely from the Pool Distribution Amount for Loan Group 2, in the following order of priority and to the extent of such funds, paying Group 1 solely from the Pool Distribution Amount for Loan Group 1, Group 2 solely from the Pool Distribution Amount for Loan Group 2 and Group 3 solely from the Pool Distribution Amount for Loan Group 3:

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 applicable 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(g) 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 for each Loan Group, in an amount as specified in written notice received by the Trustee from the Servicer no later than the related Determination Date, and shall apply such funds to distributions on the Certificates in the following order of priority and to the extent of such funds, paying each Group 1 solely from the Pool Distribution Amount for the Related Loan Group 1Group, Group 2 solely from in the Pool Distribution Amount for Loan Group 2 following order of priority and Group 3 solely from to the Pool Distribution Amount for Loan Group 3extent of such funds: