Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.
Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.
Withdrawals from Accounts. Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution required hereby. In the event that amounts shall remain in the Trust Account on any Distribution Date following distributions of (i) the Net Interest Distribution Amount for such Distribution Date and (ii) the Principal Distribution Amount for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Section 3.02 hereof. Any amount so withdrawn shall no longer be a part of the Trust Fund.
Withdrawals from Accounts. Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution required hereby. In the event that amounts shall remain in the Trust Account on any Distribution Date following distributions of (i) the Interest Distribution Amount for each Class of Certificates for such Distribution Date (ii) the Principal Distribution Amount for each Class of Certificates for such Distribution Date and (iii) any Guaranty Payment for each Class of Certificates for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Section 3.02 hereof. Any amount so withdrawn shall no longer be a part of the Trust Fund.
Withdrawals from Accounts. Unless we have agreed with you otherwise and have indicated our agreement on your account(s) records, each of you, acting singly, may withdraw funds from your account(s) by signing as the maker of any check, signing any withdrawal order, or otherwise as we may permit. Any of you may endorse any item payable to you or your order for deposit into your account(s). You agree not to postdate any check or other order for withdrawal. If you do postdate any item, you agree that we may charge your account(s) for the item even though payment is made before the date on the check. We will not do this if we have received written notice from you with respect to such postdating which notice must be delivered in time for us to have a reasonable opportunity to act on it and must identify the check by date, number, amount and payee.
Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account or the Trust Account on any Distribution Date following distributions of
(i) all interest accrued on the then outstanding Certificates for the Interest Accrual Period immediately preceding such Distribution Date and distributable on such Distribution Date,
(ii) the Lower Tier Principal Distribution Amount or the Principal Distribution Amount, as applicable, for such Distribution Date, and (iii) the Prepayment Penalty Amount for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Section 3.04 hereof; provided, however, that amounts may be withdrawn only to the extent that, after giving effect to such withdrawal, the Aggregate Certificate Principal Amount is not greater than the sum of (i) the aggregate Security Principal Balances of the GNMA Securities as of such Distribution Date and (ii) any amount remaining on deposit in the Certificate Account after giving effect to such withdrawal. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC or the Trust Fund, as applicable.
Withdrawals from Accounts. (A) If an Enforcement Event has occurred and is continuing, each Chargor shall not withdraw any moneys (including interest) standing to the credit of any of its Bank Accounts other than with the prior consent of the Lender.
(B) Following the occurrence of an Enforcement Event which is continuing, the Lender (or a Receiver) may withdraw amounts standing from the credit of a Chargor’s Bank Accounts.
Withdrawals from Accounts. All payments to be made from time to time by or on behalf of the Indenture Trustee to Noteholders out of funds in the Accounts pursuant to this Indenture will be made by or on behalf of the Indenture Trustee to the Paying Agent not later than 12:00 noon on the applicable Payment Date or earlier, if necessary, or as otherwise provided in Article V or the applicable Indenture Supplement but only to the extent of available funds in the applicable Account or sub-Account.
Withdrawals from Accounts. Only the Account Owner of an Account may direct withdrawals from the Account. To make a withdrawal from an Account, the Account Owner must request a withdrawal online and provide such other information or documentation as the Plan may require from time to time.
Withdrawals from Accounts. Unless we have agreed with you otherwise and have indicated our agreement on your account(s) records, each of you, acting singly, may withdraw funds from your account(s) by signing as the maker of any check, signing any withdrawal order, or otherwise as we may permit. Any of you may endorse any item payable to you or your order for deposit into your account(s). You agree not General Terms 5
