XXXXXX XXX Guaranty Sample Clauses

XXXXXX XXX Guaranty. On each Distribution Date following receipt of a statement (as set forth in Section 4.03) that indicates a Deficiency Amount for such Distribution Date, the Guarantor shall distribute to the Trustee a Guarantor Payment in an aggregate amount equal to the Deficiency Amount for such Distribution Date directly to the Holders of the Guaranteed Certificates, without first depositing such amount in the Distribution Account, as follows: (i) the Guaranteed Interest Distribution Amount shall be distributed as interest with respect to the Class I-A Certificates and Class I-AIO Certificates as provided in Section 4.01(a)(i)(B); and (ii) the Guaranteed Principal Distribution Amount shall be distributed as principal with respect to the Class I-A Certificates as provided in Section 4.01(a)(iii)(A)(2) or Section 4.01(a)(iii)(B)(2), as applicable.
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XXXXXX XXX Guaranty 
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