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

Distributions on the REMIC Regular Interests. (a) On each Distribution Date, the Trust Administrator shall cause the Group I Available Funds, in the following order of priority, to be distributed by REMIC 1A to REMIC 2 on account of the REMIC 1A Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-1A Interest), as the case may be:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Long Beach Securities Corp Asset Backed Cert Ser 2002 2), Pooling and Servicing Agreement (Long Beach Mort Loan Trust 2002-1as Back Cert Ser 2002-1)

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Distributions on the REMIC Regular Interests. (a) On each Distribution Date, the Trust Administrator shall cause the Group I Available Funds, in the following order of priority, to be distributed by REMIC 1A 1 to REMIC 2 on account of the REMIC 1A 1 Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-1A R-1 Interest), as the case may be:: 140

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Cert Ser 2002 3)

Distributions on the REMIC Regular Interests. (a) On each Distribution Date, the Trust Administrator shall cause the Group I Available Funds, in the following order of priority, to be distributed by REMIC 1A 0A to REMIC 2 1A on account of the REMIC 1A 0A Regular Interests or withdrawn from the Distribution Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-1A R-0A Interest), as the case may be:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mort Loan Tr 2001-4 as Bk Cert Ser 2001-4)

Distributions on the REMIC Regular Interests. (a) On each Distribution Date, the Trust Administrator shall cause the Group I Available Funds, in the following order of priority, the following amounts which shall be deemed to be distributed by REMIC 1A 1 to REMIC 2 on account of the REMIC 1A 1 Regular Interests or withdrawn from the Distribution Account and distributed to the Holders holders of the Class R Certificates (in respect of the Class R-1A R-1 Interest), as the case may be:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2007-Hl1)

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Distributions on the REMIC Regular Interests. (a) On each Distribution Date, the Trust Administrator shall cause the Group I Available Funds, in the following order of priority, the following amounts to be distributed by REMIC 1A 1 to REMIC 2 on account of the REMIC 1A 1 Regular Interests or withdrawn from the Distribution Account and distributed to the Holders holders of the Class R Certificates (in respect of the Class R-1A R-1 Interest), as the case may be:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Fremont Home Loan Trust 2004-B)

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