Common use of Collection of Monies Clause in Contracts

Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Certificates on any Pooled Certificate Distribution Date (or such later date on which the Trustee shall receive the related Pooled Certificate Distribution Date Statement), the Trustee shall review each related Pooled Certificate Distribution Date Statement and shall confirm that the aggregate amount of such distribution received is consistent with the information contained therein (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the information set forth on such statements).

Appears in 3 contracts

Samples: Pooling Agreement (Bear Stearns Mortgage Securities Inc), Pooling Agreement (Bear Stearns Mortgage Securities Inc), Pooling Agreement (Bear Stearns Mortgage Securities Inc)

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Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Certificates on any Pooled Certificate Distribution Date (or such later date on which Date, the Trustee shall receive review the related Pooled Certificate Distribution Date Statement), the Trustee shall review each related Pooled Certificate Distribution Date Statement Information and shall confirm that the aggregate amount of such distribution received is consistent with the information contained therein Pooled Certificate Distribution Date Information (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the information set forth on such statementsPooled Certificate Distribution Date Information).

Appears in 3 contracts

Samples: Pooling Agreement (Structured Asset Mortgage Investments Ii Trust 2005-F1), Pooling Agreement (Structured Asset Mortgage Investments II Trust 2005-F3), Pooling Agreement (Structured Asset Mortgage Investments II Trust 2005-F2)

Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Underlying Certificates on any Pooled Certificate Underlying Certificates Distribution Date (or such later date on which the Trustee shall receive the related Pooled Certificate Distribution Date Statement)Date, the Trustee shall review each the related Pooled Certificate Underlying Distribution Date Statement and shall confirm that the aggregate amount of such distribution received by it with respect to each related class of Underlying Certificates is consistent with the information contained therein Underlying Distribution Date Statement (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the information set forth on such statementsUnderlying Distribution Date Statement).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Structured Products Inc. Trust 2007-R8), Pooling and Servicing Agreement (Bear Stearns Structured Products Inc. Trust 2007-R8)

Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Certificates on any Pooled Certificate Distribution Date (or such later date on which the Trustee shall receive the related Pooled Certificate Distribution Date StatementInformation), the Trustee shall review each the related Pooled Certificate Distribution Date Statement Information and shall confirm that the aggregate amount of such distribution received by the Trustee is consistent with the such information contained therein (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the information set forth on such statementsinformation).

Appears in 1 contract

Samples: Pooling Agreement (Fund America Investors Corp Ii)

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Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Underlying Certificates on any Pooled Certificate Underlying Certificates Distribution Date (or such later date on which the Trustee shall receive the related Pooled Certificate Distribution Date Statement)Date, the Trustee shall review each the related Pooled Certificate Underlying Distribution Date Statement and shall confirm that the aggregate amount of such distribution received by it with respect to the Underlying Certificates is consistent with the information contained therein Underlying Distribution Date Statement (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the information set forth on such statementsUnderlying Distribution Date Statement).

Appears in 1 contract

Samples: Agreement (Bear Stearns Structured Products Inc. Trust 2008-R1)

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