Common use of Calculation of Certificate Distribution Amount or Other Amounts Clause in Contracts

Calculation of Certificate Distribution Amount or Other Amounts. The Master Servicer will calculate or cause to be calculated the Certificate Distribution Amount, if any, for each Trust for each Distribution Date, and unless the Master Servicer and Trustee are the same Person, will advise the Trustee of that amount prior to that Distribution Date. On or before the Distribution Date, the Trustee will notify the Paying Agent, or cause the Paying Agent to be notified, of the Certificate Distribution Amount for that Distribution Date.

Appears in 4 contracts

Samples: Federal National Mortgage Association, Federal National Mortgage Association, Federal National Mortgage Association

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Calculation of Certificate Distribution Amount or Other Amounts. The Master Servicer or its designee will calculate or cause to be calculated the Certificate Distribution Amount, if any, for each Trust for each Distribution Date, and unless the Master Servicer and Trustee are the same Person, will advise the Trustee of that amount prior to that Distribution Date. On or before the Distribution Date, the Trustee will notify the Paying Agent, or cause the Paying Agent to be notified, of the Certificate Distribution Amount for that Distribution Date.

Appears in 4 contracts

Samples: Master Trust Agreement, Federal National Mortgage Association, Master Trust Agreement

Calculation of Certificate Distribution Amount or Other Amounts. The The‌ Master Servicer will calculate or cause to be calculated the Certificate Distribution Amount, if any, for each Trust for each Distribution Date, and unless the Master Servicer and Trustee are the same Person, will advise the Trustee of that amount prior to that Distribution Date. On or before the Distribution Date, the Trustee will notify the Paying Agent, or cause the Paying Agent to be notified, of the Certificate Distribution Amount for that Distribution Date.

Appears in 2 contracts

Samples: Multifamily Master Trust Agreement, Trust Agreement

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Calculation of Certificate Distribution Amount or Other Amounts. The Master Servicer will calculate or cause to be calculated the Certificate Distribution Amount, if any, for each Trust for each Distribution Date, and unless the Master Servicer and Trustee are the same Person, will advise the Trustee of that amount prior to that Distribution Date. On or before the Distribution Date, the Trustee will notify the Paying Agent, or cause the Paying Agent to be notified, of the Certificate Distribution Amount for that Distribution Date.Date.‌

Appears in 2 contracts

Samples: Multifamily Master Trust Agreement, Multifamily Master Trust Agreement

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