Common use of Distributions from the Certificate Account Clause in Contracts

Distributions from the Certificate Account. (a) On each Distribution Date, the Securities Administrator (or any successor Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account, to the extent of funds available therefor, the Available Distribution Amount (excluding all Prepayment Penalty Amounts) with respect to each Mortgage Pool, and shall distribute such amount in the following order of priority based on the report of the Securities Administrator:

Distributions from the Certificate Account. (a) On each Distribution Date, the Securities Administrator (or any successor Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account, to the extent of funds available therefortherefore, the Available Distribution Amount (excluding all Prepayment Penalty Amounts) with respect to each Mortgage Pool, and shall distribute such amount in the following order of priority based on the report of the Securities Administrator:

Distributions from the Certificate Account. (a) On each Distribution Date, the Securities Administrator (or any successor the Paying Agent on behalf of the TrusteeSecurities Administrator) shall withdraw from the Certificate Account, to the extent of funds available therefor, the Available Distribution Amount (excluding all Prepayment Penalty Amounts) with respect to each Mortgage PoolCollateral Group, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority based on the report of the Securities Administratorpriority:

Distributions from the Certificate Account. (a) On each Distribution Date, the Securities Administrator (or any successor Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account, to the extent of funds available therefor, Account the Available Distribution Amount (excluding all Prepayment Penalty Amounts) with respect to each Mortgage Pool, determined in accordance with the Remittance Report for such Distribution Date, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority based on the report of the Securities Administratorpriority: