Regular Payment Amount Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's Monthly Remittance Report for such Payment Date) shall distribute the Regular Payment Amount and any Deficiency Amount paid by the Securities Insurer in respect of such Payment Date from the Note Payment Account (in the case of all amounts distributable to Noteholders) and from the Certificate Distribution Account (in the case of all amounts distributable to Certificateholders), in the following order of priority:
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Securitized Asset Backed Receivables LLC), Sale and Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1), Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)
Regular Payment Amount Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's ’s Monthly Remittance Report for such Payment Date) shall distribute the Regular Payment Amount [and any Deficiency Amount paid by the Securities Insurer Insurer] in respect of such Payment Date from the Note Payment Account (in the case of all amounts distributable to Noteholders) and from the Certificate Distribution Account (in the case of all amounts distributable to Certificateholders), in the following order of priority:: [to be provided as applicable]
Appears in 1 contract
Samples: Sale and Servicing Agreement (Hsi Asset Securitization Corp)
Regular Payment Amount Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's Monthly Remittance Report for such Payment Date) shall distribute the Regular Payment Amount and any Deficiency Amount paid by the Securities Insurer in respect of such Insured Payment Date from the Note Payment Account (in the case of all amounts distributable to Noteholders) and from the Certificate Distribution Account (in the case of all amounts distributable to Certificateholders), in the following order of priority:
Appears in 1 contract
Samples: Sale and Servicing Agreement (Empire Funding Home Loan Owner Trust 1998 3)
Regular Payment Amount Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's ’s Monthly Remittance Report for such Payment Date) shall distribute the Regular Payment Amount and any Deficiency Amount paid by the Securities Insurer in respect of such Payment Date from the Note Payment Account (in the case of all amounts distributable to Noteholders) and from the Certificate Distribution Account (in the case of all amounts distributable to Certificateholders), in the following order of priority:
Appears in 1 contract
Regular Payment Amount Withdrawals from Note Payment Account. On each Payment Date, the Indenture Trustee (based on the information provided by the Servicer contained in the Servicer's Monthly Remittance Report for such Payment Date) shall distribute the Regular Payment Amount [and any Deficiency Amount paid by the Securities Insurer Insurer] in respect of such Payment Date from the Note Payment Account (in the case of all amounts distributable to Noteholders) and from the Certificate Distribution Account (in the case of all amounts distributable to Certificateholders), in the following order of priority:
Appears in 1 contract
Samples: Sale and Servicing Agreement (Hsi Asset Securitization Corp)
