Common use of Withdrawals from Accounts Clause in Contracts

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 Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution required hereby.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for such Distribution Date and (ii) the Principal Distribution Amount for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty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 Any amount so withdrawn shall no longer be a part of the Trust Fund.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 Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution required hereby.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 Net Interest Distribution Amount for each Class of Certificates for such Distribution Date and (ii) the Principal Distribution Amount for each Class of Certificates for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty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 Any amount so withdrawn shall no longer be a part of the Trust Fund.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. Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution distributions required hereby. In the event that amounts shall remain in the Trust Account on any Distribution Date following distributions of (i) the Net Interest all Class Distribution Amount for such Distribution Date and (ii) the Principal Distribution Amount Amounts for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty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 Any amount so withdrawn shall no longer be a part of the Trust Fund.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credited to the Certificate Account, the Trust Account and the Funding Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution distributions required hereby. In the event that amounts shall remain in the Trust Account on any Distribution Date following distributions deposit into the Funding Account of (i) the Net Interest Distribution Amount for such Distribution Date and (ii) the Principal Distribution Amount for such Distribution Dateamounts required by Section 4.02 hereof, 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 Sections 2.03 and 3.05 hereof. Any amount so withdrawn shall no longer be a part of the Trust Fund.