REMIC III Distribution Amount Sample Clauses

The REMIC III Distribution Amount clause defines the specific sum of money to be distributed to holders of interests in a Real Estate Mortgage Investment Conduit (REMIC) at a given distribution date. This amount is typically calculated based on the cash flow generated from the underlying mortgage assets, after accounting for expenses, fees, and any required reserve allocations. By clearly specifying how and when distributions are made, the clause ensures transparency and predictability for investors, addressing the need for clarity in the allocation of cash flows from complex mortgage-backed securities structures.