Common use of Withdrawals from Accounts Clause in Contracts

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 Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby.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Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty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 Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 41 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae for application towards the distributions required hereby.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Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such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 Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 31 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae for application towards the distributions required hereby.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Date in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such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 Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.and

Appears in 15 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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 on the final Distribution Date 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.and

Appears in 14 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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 monthmonth 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 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Funding Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae 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 Certificate Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and Section 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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 on any month Distribution Date following distribution of the Lower Tier Distribution Amount for such monthDistribution 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 Sections 2.04 and 3.07 3.05 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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 Mae 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 monthmonth and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae 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.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and or the Trust Funding Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae 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 Principal Distribution Amount for such monthmonth and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Trust Account and the Trust Funding Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae 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.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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 Certificate 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 Section 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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 on the final Distribution Date in any month following distribution of the Lower Tier Certificate 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 Section 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Middle Tier Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae 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 Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae 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.and

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Withdrawals from Accounts. Amounts credited to the either 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 ether Certificate Account on the final Distribution Date 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.and

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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 monthmonth 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 3.07 3.05 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 1 contract

Samples: Trust Agreement

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 on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such monthmonth 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 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Trust Account and the Trust Funding 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, 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.

Appears in 1 contract

Samples: Trust Agreement

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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 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae 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 Certificate Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and Section 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Accounts, the Funding Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account Accounts on any Distribution Date which are not being held for future distribution or are not required to be deposited in any month following distribution of the Lower Tier Distribution Amount for such monthFunding Account, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 2.03 and 3.07 3.06 hereof. Any amount so withdrawn shall no longer be a part of the applicable Lower Tier REMIC.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Funding Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae 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 Certificate Distribution Amount for such monthmonth and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and Section 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 1 contract

Samples: Trust Agreement

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 Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in on any month Distribution Date following distribution of the Lower Tier Distribution Amount for such monthrequisite deposits pursuant to Section 4.02, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 2.03 and 3.07 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICREMIC or Trust Fund.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Trust Account and the Trust Cash Deposit 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, 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.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date with respect to the Lower Tier Classes in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae 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.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Funding 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 Certificate Distribution Amount for such monthmonth 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 Section 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICTrust Fund.

Appears in 1 contract

Samples: Trust Agreement

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx Mae 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.and

Appears in 1 contract

Samples: Trust Agreement

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 on the Distribution Date 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.and

Appears in 1 contract

Samples: Trust Agreement

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