Priorities of Distribution. (a) On each Distribution Date, the Trustee shall withdraw the Available Funds from the Distribution Account and apply such funds to distributions on the Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:
Priorities of Distribution. (a) On each Distribution Date, the Trustee will make the disbursements and transfers from amounts then on deposit in the Distribution Account in the following order of priority and to the extent of the Available Funds remaining:
Priorities of Distribution. Section 4.03 Monthly Statements to Certificateholders..................... Section 4.04 Certain Matters Relating to the Determination of LIBOR....... Section 4.05
Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:
Priorities of Distribution. Section 4.03
Priorities of Distribution. (A) On each Distribution Date, the Trust Administrator shall determine the amounts to be distributed to each Class of Certificates as follows:
Priorities of Distribution. (a) On each Distribution Date, the Trustee shall distribute the Interest Remittance Amount for both Loan Groups for such date in the following order of priority:
Priorities of Distribution. Section 4.02 Monthly Statements to Certificateholders...................... Section 4.03 Allocation of Applied Realized Loss Amounts................... Section 4.04 Certain Matters Relating to the Determination of LIBOR........
Priorities of Distribution. (a) On each Distribution Date, the Securities Administrator shall allocate from amounts then on deposit in the Distribution Account in the following order of priority and to the extent of the Available Funds remaining and, on such Distribution Date, shall make distributions on the Certificates in accordance with such allocation:
Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ARTICLE FIVE THE CERTIFICATES....................................................................................83 Section 5.01 The Certificates......................................................................83 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 Persons Deemed Owners.................................................................87 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89
