Examples of Basis Risk Shortfall Amount in a sentence
Pursuant to Section 4.02(h), on the initial Distribution Date, amounts on deposit in the Basis Risk Shortfall Reserve Fund will be withdrawn from the Basis Risk Shortfall Reserve Fund and deposited into the Certificate Account for payment to the Class A Certificates and Class M Certificates to the extent of any Basis Risk Shortfall Amount on the Class A Certificates and Class M Certificates on such initial Distribution Date.
Pursuant to Section 4.02(j), on the initial Distribution Date, amounts on deposit in the Basis Risk Shortfall Reserve Fund will be withdrawn from the Basis Risk Shortfall Reserve Fund and deposited into the Certificate Account for payment to the Class A Certificates and Class M Certificates to the extent of any Basis Risk Shortfall Amount on the Class A Certificates and Class M Certificates on such initial Distribution Date.
For federal tax return and information reporting, the right of the Holders of the Offered Certificates to receive payments from the Basis Risk Reserve Account in respect of any Basis Risk Shortfall Amount may have more than a de minimis value.
Pursuant to Section 4.02(h), on the initial Distribution Date, amounts on deposit in the Basis Risk Shortfall Reserve Fund will be withdrawn from the Basis Risk Shortfall Reserve Fund and deposited into the Certificate Account for payment to the Class A, Class M and Class B Certificates to the extent of any Basis Risk Shortfall Amount on the Class A, Class M and Class B Certificates on such initial Distribution Date.
On each Distribution Date as to which there is a Basis Risk Shortfall Amount payable to the Offered Certificates, the Securities Administrator has been directed by the Class C Certificateholders to, and therefore will, deposit into the Basis Risk Reserve Account the amounts described in Section 5.01(a)(III)(xv), rather than distributing such amounts to the Class C Certificateholders.