Common use of Distributions of the Net Swap Amount to the Supplemental Interest Trust Clause in Contracts

Distributions of the Net Swap Amount to the Supplemental Interest Trust. On each Distribution Date, the Trustee (or any duly appointed paying agent) on behalf of the Trust shall withdraw from the Distribution Account the REMIC VI Distribution Amount and shall pay such amount (i) on each Distribution Date on which a Swap Default with respect to the Swap Counterparty has not occurred and is not continuing, to the Supplemental Interest Trust Trustee for payment to the Swap Counterparty, and (ii) on each other Distribution Date, as set forth in Section 4.05(d). The Holders of the Class C Certificates, acting as the holder of the Class L6-SW Regular Interest, by accepting such Certificates and such Regular Interest, acknowledge that amounts otherwise distributable to them shall be used to make payments to the Swap Counterparty and/or distributions to other Classes of Certificates, and such Holders expressly agree to, and direct the Trustee to make, such distributions and payments.

Distributions of the Net Swap Amount to the Supplemental Interest Trust. On each Distribution Date, the Trustee (or any duly appointed paying agent) on behalf of the Trust shall withdraw from the Distribution Account the REMIC VI Distribution Amount and shall pay such amount (i) on each Distribution Date on which a Swap Default with respect to the Swap Counterparty has not occurred and is not continuing, to the Supplemental Interest Trust Trustee for payment to the Swap Counterparty, and (ii) on each other Distribution Date, as set forth in Section 4.05(d). The Holders of the Class C Certificates, acting as the holder of the Class L6-SW Regular Interest, by accepting such Certificates and such Regular Interest, acknowledge that amounts otherwise distributable to them shall be used to make payments to the Swap Counterparty and/or distributions to other Classes of Certificates, and such Holders expressly agree to, and direct the Trustee to make, such distributions and payments.