Common use of Final Distribution on the Certificates Clause in Contracts

Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) of

Appears in 44 contracts

Samples: Pooling and Servicing Agreement (IndyMac Residential Asset Securitization Trust 2005-A9), Pooling and Servicing Agreement (Indymac RAST 2004-A10), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar27)

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Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofof 95

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar9), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar6), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar17)

Final Distribution on the Certificates. If on any Determination Date Date, the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) of

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Indymac MBS Inc Asset Secur Trust 2003-A9), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003-A11)

Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofof 92

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar11), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar4)

Final Distribution on the Certificates. If on any Determination Date Date, the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each CertificateholderCertificateholder and MBIA. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofclause

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003-A7), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2003 A10)

Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofeach

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar7)

Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofof 100

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2004-Ar15)

Final Distribution on the Certificates. If on any Determination Date Date, the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Collection Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofeach

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)

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Final Distribution on the Certificates. If on any Determination Date Date, the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) of104

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)

Final Distribution on the Certificates. If on any Determination Date Date, the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofeach

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac MBS Inc)

Final Distribution on the Certificates. If on any Determination Date Date, (i) the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Collection Account, the Master Servicer Trustee shall direct the Trustee promptly to send a final distribution notice promptly to each Certificateholder. If Certificateholder or (ii) the Master Servicer elects to terminate determines that a Class of Certificates shall be retired after a final distribution on such Class, the Trust Fund pursuant to clause (a) ofTrustee shall notify the Certificateholders within 121

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chase Funding Inc)

Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofof 91

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar25)

Final Distribution on the Certificates. If on any Determination Date the Master Servicer determines that there are no Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other than the funds in the Certificate Account, the Master Servicer shall direct the Trustee promptly to send a final distribution notice to each Certificateholder. If the Master Servicer elects to terminate the Trust Fund pursuant to clause (a) ofof 101

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2005-Ar23)

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