Common use of Receipt of Guaranty Payments Clause in Contracts

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 To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trust, the Paying Agent will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.

Appears in 9 contracts

Samples: Master Trust Agreement, Second Amended and Restated 2016 Single Family Master Trust Agreement, Second Amended and Restated 2007 Single Family Master Trust Agreement

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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 To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trust, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.5.7.5.‌

Appears in 6 contracts

Samples: Amended and Restated 2021 Multifamily Master Trust Agreement, Multifamily Master Trust Agreement, 2021 Multifamily Master Trust Agreement

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 To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trusteach Issue for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.55.05.

Appears in 5 contracts

Samples: Single Family Mega/Supers Master Trust Agreement, Single Family Mega/Supers Master Trust Agreement, Single Family Mega Master Trust Agreement

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 To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Class Distribution Amount for each Class of Certificates with respect to a TrustSeries for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.55.05.

Appears in 2 contracts

Samples: SMBS Master Trust Agreement, SMBS Master Trust Agreement

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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 To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount (net of the Holders’ Prepayment Premium Portion, if any) for a Trusteach Issue for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.55.05.

Appears in 1 contract

Samples: Multifamily Mega Master Trust Agreement

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