Common use of The Certificate Insurance Policy Clause in Contracts

The Certificate Insurance Policy. (a) Within two (2) days following each Remittance Date, the Trustee shall determine with respect to the immediately following Distribution Date, the amount to be on deposit in the Distribution Account on such Distribution Date as a result of the (i) Servicer's remittance of the Interest Remittance Amount and the Principal Remittance Amount on the related Remittance Date, and (ii) any transfers to the Distribution Account made from the Capitalized Interest Account and/or the Pre-Funding Account relating to such Distribution Date pursuant to Section 4.02 hereof, excluding the amount of any Insured Payment.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc CDC Mor Cap Tr 2003-He3), Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc CDC Mort Cap Tr 2003 He4)

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The Certificate Insurance Policy. (a) Within two (2) days following each Remittance Date, the Trustee shall determine with respect to the immediately following Distribution Date, the amount to be on deposit in the Distribution Account on such Distribution Date as a result of the (i) Servicer's remittance of the Interest Remittance Amount and the Principal Remittance Amount on the 105 related Remittance Date, and (ii) any transfers to the Distribution Account made from the Capitalized Interest Account and/or the Pre-Funding Account Accounts relating to such Distribution Date pursuant to Section 4.02 hereof, excluding the amount of any Insured Payment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc)

The Certificate Insurance Policy. (a) Within two (2) days following each Remittance Date, the Trustee shall determine with respect to the immediately following Distribution Date, the amount to be on deposit in the Distribution Account on such Distribution Date as a result of the (i) Servicer's remittance of the Interest Remittance Amount and the Principal Remittance Amount on the related Remittance Date, and (ii) any transfers to the Distribution Account made from the Capitalized Interest Account and/or the Pre-Funding Account Accounts relating to such Distribution Date pursuant to Section 4.02 hereof, excluding the amount of any Insured Payment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital 1 Inc CDC Mort Cap Trust 2004-He1)

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The Certificate Insurance Policy. (a) Within two (2) days following each Remittance Date, the Trustee shall determine with respect to the immediately following Distribution Date, the amount to be on deposit in the Distribution Account on such Distribution Date as a result of the (i) Servicer's ’s remittance of the Interest Remittance Amount and the Principal Remittance Amount on the related Remittance Date, and (ii) any transfers to the Distribution Account made from the Capitalized Interest Account and/or the Pre-Funding Account Accounts relating to such Distribution Date pursuant to Section 4.02 hereof, excluding the amount of any Insured Payment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc CDC Mor Cap Tr 2004-He2)

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