REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator shall cause in the following order of priority, the following amounts to be distributed by REMIC I to REMIC II on account of the REMIC I Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I Interest), as the case may be:
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (Fremont Mortgage Securities Corp), Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-C), Pooling and Servicing Agreement (Fremont Mortgage Securities Corp)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator Trustee shall cause in the following order of priority, the following amounts to be distributed by REMIC I 1 to REMIC II 2 on account of the REMIC I 1 Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I R-1 Interest), as the case may be:
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2005-Ff5), Pooling and Servicing Agreement (ABFC 2005-Aq1 Trust), Pooling and Servicing Agreement (Abfc Asset-Backed Certificates Series 2003-Wmc1)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator Trustee shall cause cause, in the following order of priority, the following amounts to be distributed by REMIC I 1 to REMIC II 2 on account of the REMIC I 1 Uncertificated Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I R-1 Interest), as the case may be:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp Abfc Asset Backed Ser 2004-Ahl1)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator shall be deemed to cause in the following order of priority, the following amounts to be distributed by REMIC I to REMIC II on account of the REMIC I Regular Interests or withdrawn from the Distribution Certificate Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I Interest), as the case may be:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (SunTrust Mortgage Securitization, LLC)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator Trustee shall cause cause, in the following order of priority, the following amounts to be distributed by REMIC I 1 to REMIC II 2 on account of the REMIC I 1 Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I R-1 Interest), as the case may be:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abfc Asset Backed Certificates Series 2003-Ahl1)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator shall cause in the following order of priority, the following amounts to be distributed by REMIC I to REMIC II on account of the REMIC I Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I Interest), as the case may be: With respect to the Group 1 Mortgage Loans:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fremont Mortgage Securities Corp)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Administrator Trustee shall be deemed to cause in the following order of priority, the following amounts to be distributed by REMIC I to REMIC II 2 on account of the REMIC I 1 Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I Interest), as the case may be:
Appears in 1 contract
Samples: And Servicing Agreement (Asset Backed Funding Corp)
REMIC Distributions and Allocation of Losses. (a) On each Distribution Date, the Trust Securities Administrator shall be deemed to cause in the following order of priority, the following amounts to be distributed by REMIC I to REMIC II on account of the REMIC I Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-I Interest), as the case may be:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (People's Financial Realty Mortgage Securities 2006-1)
