Receipt of Guaranty Payments Sample Clauses

Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trust, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.5.
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Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Mega Distribution Amount for each Mega Issue and the SMBS Class Distribution Amount for each Class of SMBS Certificates with respect to a SMBS Series for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 5.05.

Related to Receipt of Guaranty Payments

  • Receipt of Goods The goods shall be deemed received by Buyer when delivered to Buyer at City of Naples, 000 Xxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxx 00000. Delivery of the goods to Buyer shall occur on a business day and shall not occur after 3:15 p.m. on the delivery day.

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