Distributions from the Certificate Account Sample Clauses

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
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Distributions from the Certificate Account. (a) On each Distribution Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount and shall allocate such amount to the interests issued in respect of REMIC 1, REMIC 2 and REMIC 3 and shall distribute such amount as specified in this Section.
Distributions from the Certificate Account. (a) On each Distribution Date on or prior to a Section 7.01(c) Purchase Event or a Trust Fund Termination Event, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account), and amounts that are available for payment to the Swap Counterparty, and shall allocate such amount to the interests issued in respect of each REMIC created pursuant to this Agreement and shall distribute such amount as specified in subparagraphs (b) through (i) of this Section 5.02; provided, that amounts that are available for payment to the Swap Counterparty shall be paid on the related Swap Payment Date. On each Distribution Date after a Section 7.01(c) Purchase Event but on or prior to a Trust Fund Termination Event, the Trustee (or the Paying Agent acting on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account), and amounts that are available for payment to the Swap Counterparty, and shall allocate such amount to the interests issued in respect of REMIC 1 created pursuant to this Agreement and shall distribute such amount as specified in subparagraphs (j) through (l) of this Section; provided, that amounts that are available for payment to the Swap Counterparty shall be paid on the related Swap Payment Date.
Distributions from the Certificate Account. (a) On each Distribution Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account), and amounts that are available for payment to the Swap Counterparty, and shall allocate such amount to the interests issued in respect of each REMIC created pursuant to this Agreement and shall distribute such amount as specified in this Section. All allocations and distributions made among and with respect to Pool 1 and Pool 2 in this Section shall be made concurrently.
Distributions from the Certificate Account. (a) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event or a Trust Fund Termination Event, as applicable, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount and amounts that are available for payment to the Swap Counterparty and shall allocate such amounts to the interests issued in respect of each REMIC and shall distribute such amounts as specified in subparagraphs (b) through (i) of this Section 5.02; provided, that amounts that are available for payment to the Swap Counterparty shall be paid on the related Swap Payment Date.
Distributions from the Certificate Account. (a) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event, a Pool 1 Termination Event or a Pool 2 Termination Event, as applicable, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account (i) the sum of the Interest Remittance Amount for Pool 1 and the Principal Remittance Amount for Pool 1 and amounts that are available for payment to the Swap Counterparty and shall allocate such amount to the interests issued in respect of each REMIC and shall distribute such amount as specified in subparagraphs (b), (d), (f), (h) and (i) of this Section; provided, that amounts that are available for payment to the Swap Counterparty shall be paid on the related Swap Payment Date, and (ii) the sum of the Interest Remittance Amount for Pool 2 and the Principal Remittance Amount for Pool 2 and shall allocate such amount to the interests issued in respect of each REMIC and shall distribute such amount as specified in subparagraphs (c), (e), (g) and (i) of this Section. All allocations and distributions made between and with respect to Pool 1 and Pool 2 in subparagraphs (b) other than clause (i) thereof, (c), (d) other than clause (i) and (ii)(A) thereof, (e), (f) and (g) of this Section shall be made concurrently.
Distributions from the Certificate Account. (a) On each Distribution Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account), and amounts that are available for payment to the Swap Counterparty, and shall allocate such amount to the interests issued in respect of each REMIC created pursuant to this Agreement and shall distribute such amount as specified in this Section. All allocations and distributions made among and with respect to Pool 1, Pool 2, Pool 3 and Pool 4 in this Section shall be made concurrently.
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Distributions from the Certificate Account. (a) On each Distribution Date, the Securities Administrator (or any successor Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account, to the extent of funds available therefor, the Available Distribution Amount (excluding all Prepayment Penalty Amounts) with respect to each Mortgage Pool, and shall distribute such amount in the following order of priority based on the report of the Securities Administrator:
Distributions from the Certificate Account. (a) On each Distribution Date on or prior to a Section 7.01(c) Purchase Event or a Trust Fund Termination Event, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account, the Available Distribution Amount (other than the Class P Distributable Amount) with respect to each Collateral Group, and shall distribute such amount as specified in this subparagraph (a) through subparagraph (g) of this Section to the Holders of record of each Class of Certificates, in the following order of priority:
Distributions from the Certificate Account. (a) On each Distribution Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account), and amounts that are available for payment to the Swap Counterparty, and shall allocate such amount to the interests issued in respect of each REMIC created pursuant to this Agreement and shall distribute such amount as specified in this Section; provided, that amounts that are available for payment to the Swap Counterparty shall be paid on the related Swap Payment Date.
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