Examples of Group II Interest Funds in a sentence
In addition, no later than the Business Day preceding the Distribution Date, the Master Servicer shall cause to be withdrawn from the Certificate Account the Group I Interest Funds, the Group I Principal Funds, the Group II Interest Funds and the Group II Principal Funds, to the extent on deposit, and such amount shall be deposited in the Distribution Account.
On each Distribution Date, the Group I Available Distribution amount for Pool I, the Group II Interest Funds and the Group II Principal Distribution Amount for Pool II and such date and Group II Monthly Excess Cashflow for Pool II for such date will be distributed from the Certificate Account to Holders of the related Certificates according to the terms of the Pooling and Servicing Agreement.
In addition, no later than 1:00 p.m. California Time on the Servicer Remittance Date, the Subservicer shall cause to be withdrawn from the Collection Account the Group I Interest Funds, the Group I Principal Funds, the Group II Interest Funds, the Group II Principal Funds and the Master Servicer Fee, to the extent on deposit, and such amount shall be deposited in the Certificate Account.
The Group II Interest Funds for any Distribution Date shall be increased by the pro rata portion for such Group (based on the amount on deposit in the Pre-Funding Account in respect of such Group) of the Capitalized Interest Requirement withdrawn from the Capitalized Interest Account for such Distribution Date.
In addition, no later than the Business Day preceding the Distribution Date, the Servicer shall cause to be withdrawn from the Certificate Account the Group I Interest Funds, the Group I Principal Funds, the Group II Interest Funds and the Group II Principal Funds, to the extent on deposit, and such amount shall be deposited in the Distribution Account.