Common use of Reimbursement Amounts Clause in Contracts

Reimbursement Amounts. Any unreimbursed Insured Payments made by the Certificate Insurer, plus all other amounts due to the Certificate Insurer under the Insurance Agreement, together with interest thereon at the rate specified in the Insurance Agreement; provided, however, if written notice of any Reimbursement Amount is received by the Trustee after four Business Days prior to the related Distribution Date, then such Reimbursement Amount shall be payable on the next succeeding Distribution Date.

Appears in 5 contracts

Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-11xs), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-9xs), Trust Agreement (Mortgage Pass-Through Certificates Ser 2003-18xs)

AutoNDA by SimpleDocs

Reimbursement Amounts. Any unreimbursed Insured Payments made by the Certificate Insurer, plus all other amounts due to the Certificate Insurer under the Insurance Agreement, together with interest thereon at the rate specified in the Insurance Agreement; provided, however, if written notice of any Reimbursement Amount is received by the Trustee Securities Administrator after four the fourth Business Days Day prior to the related Distribution Date, then such Reimbursement Amount shall be payable on the next succeeding Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Amortizing Residential Collateral Trust, Series 2004-1)

AutoNDA by SimpleDocs

Reimbursement Amounts. Any unreimbursed Insured Payments made by the Certificate Insurer, plus all other amounts due to the Certificate Insurer under the Insurance Agreement, together with interest thereon at the rate specified in the Insurance Agreement; provided, however, if written notice of any Reimbursement Amount is received by the Trustee Securities Administrator after four Business Days prior to the related Distribution Date, then such Reimbursement Amount shall be payable on the next succeeding Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-16xs)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!