Common use of Distributions on the REMIC I Regular Interests Clause in Contracts

Distributions on the REMIC I Regular Interests. (a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the REMIC I Regular Interests, REMIC I Accrued Interest on the REMIC I Regular Interests for such Distribution Date, plus any REMIC I Accrued Interest thereon remaining unpaid from any previous Distribution Date.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (RAMP Series 2005 SL2 Trust), Custodial Agreement (RAMP Series 2004-Sl4 Trust), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

AutoNDA by SimpleDocs

Distributions on the REMIC I Regular Interests. (ai) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the REMIC I Regular Interests, Uncertificated REMIC I Accrued Interest on the REMIC I Regular Interests for such Distribution Date, plus any Uncertificated REMIC I Accrued Interest thereon remaining unpaid from any previous Distribution Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MERRILL LYNCH MORT INV INC MLMI Series 2004-A2), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Mlmi Series 2004-A3)

Distributions on the REMIC I Regular Interests. (a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the REMIC I Regular Interests, REMIC the Uncertificated Interest in the following order of priority to the extent of the Available Distribution Amount reduced by distributions made to the Class R-I Accrued Interest on the REMIC I Regular Interests for such Distribution Date, plus any REMIC I Accrued Interest thereon remaining unpaid from any previous Distribution Date.Certificates pursuant to Section 4.02(a):

Appears in 2 contracts

Samples: Distribution Instructions (Salomon Brothers Mort Sec Vii Inc Asst Back Cert Se 1997-Lb2), Pooling and Servicing Agreement (Asset-Backed Certificates Series 1997-Lb6)

Distributions on the REMIC I Regular Interests. (a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the REMIC I Regular Interests, Uncertificated REMIC I Accrued Interest on the REMIC I Regular Interests for such Distribution Date, plus any Uncertificated REMIC I Accrued Interest thereon remaining unpaid from any previous Distribution Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MERRILL LYNCH MORT INV TRUST MLMI Series 2005-A1), Pooling and Servicing Agreement (MERRILL LYNCH MORT INV TRUST MLMI Series 2005-A1)

AutoNDA by SimpleDocs

Distributions on the REMIC I Regular Interests. (a) On each Distribution Date the Trustee shall be deemed to distribute to itself, as the holder of the REMIC I Regular Interests, REMIC I Uncertificated Accrued Interest on the REMIC I Regular Interests for such Distribution Date, plus any REMIC I Uncertificated Accrued Interest thereon remaining unpaid from any previous Distribution Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (RALI Series 2005-Qa4 Trust), Pooling and Servicing Agreement (RALI Series 2005-Qa5 Trust)

Distributions on the REMIC I Regular Interests. (a) On each Distribution Date Date, the Trustee shall be deemed to distribute to itself, as the holder of the REMIC I Regular Interests, the amounts distributed from REMIC I Accrued Interest on the to REMIC I Regular Interests for such Distribution Date, plus any REMIC I Accrued Interest thereon remaining unpaid from any previous Distribution DateII pursuant to Section 4.02(b)(1).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.