Common use of Cross-Collateralization; Adjustments to Available Funds Clause in Contracts

Cross-Collateralization; Adjustments to Available Funds. (a) If on each Distribution Date after the date on which the aggregate Class Certificate Balance and Component Principal Balance of the Senior Certificates related to a Loan Group has been reduced to zero, the Trustee shall distribute Available Funds on all the Mortgage Loans assuming there is only one group of Mortgage Loans consisting of all of the Mortgage Loans.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar4), Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar6), Pooling and Servicing Agreement (Indymac MBS Inc)

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Cross-Collateralization; Adjustments to Available Funds. (a) If on each Distribution Date after the date on which the aggregate Class Certificate Balance and Component Principal Balance of the Senior Certificates related to a Loan Group has been reduced to zero, the Trustee shall distribute Available Funds on all the Mortgage Loans assuming there is only one group Loan Group of Mortgage Loans consisting of all of the Mortgage Loans.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2005-Ar18), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar14)

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