Common use of Distributions on the Certificates Clause in Contracts

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Certificates) will be distributed monthly on each Distribution Date, commencing in December 2005, in an amount equal to the Available Funds on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds on deposit in the Distribution Account shall be distributed as follows:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (MortgageIT Trust 2005-Ar1), Pooling and Servicing Agreement (MortgageIT Trust 2005-Ar1), Pooling and Servicing Agreement (MortgageIT Trust 2005-Ar1)

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Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Residual Certificates) will be distributed monthly on each Distribution Date, commencing in December August 2005, in an amount equal to the Available Funds on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds on deposit in the Distribution Account shall be distributed as follows:: On the first Distribution Date, the Class R Deposit shall be distributed, pro rata, as principal to the Class R Certificates, and

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bankunited Trust 2005-1, Mortgage Pass-Through Certificates, Series 2005-1), Pooling and Servicing Agreement (Bankunited Trust 2005-1, Mortgage Pass-Through Certificates, Series 2005-1)

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Certificates) of each Certificate Group will be distributed monthly on each Distribution Date, commencing in December 2005January 2004, in an amount equal to the Available Funds for the related Loan Group on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December 2005January 2004, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds for each Loan Group on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Alt a Trust Mort Pass THR Certs Sers 2003-6)

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Certificates) of each Certificate Group will be distributed monthly on each Distribution Date, commencing in December April 2005, in an amount equal to the Available Funds for the related Loan Group on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December April 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds for each Loan Group on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Ii Inc Bear Stearns Alt a Tr 05 3)

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Residual Certificates) will be distributed monthly on each Distribution Date, commencing in December 2005November 2004, in an amount equal to the Available Funds on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December 2005November 2004, the Class R R-I Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereofR-I Certificate. On each Distribution Date, the Available Funds on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns ARM Trust, Mortgage Pass-Through Certificates, Series 2004-9)

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Certificates) of each Certificate Group will be distributed monthly on each Distribution Date, commencing in December 2005August 2004, in an amount equal to the Available Funds for the related Loan Group on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December 2005August 2004, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds for each Loan Group on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Ii Inc Bear Stearns Alt a Tr 04 9)

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Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Certificates) will be distributed monthly on each Distribution Date, commencing in December June 2005, in an amount equal to the Available Funds on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December June 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GreenPoint MTA Trust 2005-Ar2)

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Certificates) will be distributed monthly on each Distribution Date, commencing in December May 2005, in an amount equal to the Available Funds on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December May 2005, the Class R Deposit will be distributed to the Holder of the Class R Certificates in reduction of the Current Principal Amount thereof. On each Distribution Date, the Available Funds on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GreenPoint MTA Trust, Mortgage Pass-Through Certificates, Series 2005-Ar1)

Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Class R Certificates and the Class XP Residual Certificates) will be distributed monthly on each Distribution Date, commencing in December 2005, in an amount equal to the Available Funds on deposit in the Distribution Account for such Distribution Date. In addition, on the Distribution Date occurring in December 2005, the Class R R-1 Deposit will be distributed to the Holder Holders of the Class R R-I Certificates in reduction and the Class R-2 Deposit will be distributed to the Holders of the Current Principal Amount thereofClass R-II Certificates. On each Distribution Date, the Available Funds on deposit in the Distribution Account shall be distributed as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Arm Trust, Mortgage Pass-Through Certificates, Series 2005-11)

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