Common use of Interest Distributions Clause in Contracts

Interest Distributions. (A) On each Distribution Date, the Trustee shall withdraw the Group I Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priority: (i) to the Holders of the Group I Certificates, the Class A Interest Distribution Amount related to such Certificates for such Distribution Date; and (ii) concurrently, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount for each such Class, remaining undistributed after the distribution of the Group II Interest Remittance Amount as set forth in Section 4.01(b)(II)(B)(i) below. (B) On each Distribution Date, the Trustee shall withdraw the Group II Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priority: (i) concurrently, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to such Certificates for such Distribution Date; and (ii) to the Holders of the Group I Certificates, the Class A Interest Distribution Amount related to such Certificates remaining undistributed after the distribution of the Group I Interest Remittance Amount as set forth in Section 4.01(b)(II)(A)(i) above. (C) On each Distribution Date, following the distributions made pursuant to Section 4.01(b)(II)(A) and (B) above, the Trustee shall withdraw from the Distribution Account an amount equal to any remaining Group I Interest Remittance Amount and Group II Interest Remittance Amount and shall distribute such amount sequentially to the Class ▇-▇, ▇▇▇▇▇ ▇-▇, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, in that order, in an amount equal to the Interest Distribution Amount for each such Class.

Interest Distributions. (A) On each Distribution Date, the Trustee shall withdraw the Group I Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priority: (i) concurrently, to the Holders of the each Class of Group I Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to for each such Certificates for Class and such Distribution Date; and (ii) concurrently, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount for each such ClassClass and such Distribution Date, remaining undistributed after the distribution of the Group II Interest Remittance Amount as set forth in Section 4.01(b)(II)(B)(i4.01(d)(II)(B)(i) below. (B) On each Distribution Date, the Trustee shall withdraw the Group II Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priority: (i) concurrently, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to for each such Certificates for Class and such Distribution Date; and (ii) concurrently, to the Holders of the each Class of Group I Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to for each such Certificates Class and such Distribution Date, remaining undistributed after the distribution of the Group I Interest Remittance Amount as set forth in Section 4.01(b)(II)(A)(i4.01(d)(II)(A)(i) above. (C) On each Distribution Date, following the distributions made pursuant to Section 4.01(b)(II)(A4.01(d)(II)(A) and (B) above, the Trustee shall withdraw from the Distribution Account an amount equal to any remaining Group I Interest Remittance Amount and Group II Interest Remittance Amount and shall distribute such amount sequentially to the Class ▇-▇M-1, ▇▇▇▇▇ ▇-▇Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, in that order, in an amount equal to the Interest Distribution Amount for each such ClassClass and such Distribution Date.

Interest Distributions. (A) On each Distribution Date, the Trustee shall withdraw the Group I Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priority: (i) concurrently, to the Holders of the each Class of Group I Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to for each such Certificates for Class and such Distribution Date; and (ii) concurrently, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount for each such ClassClass and such Distribution Date, remaining undistributed after the distribution of the Group II Interest Remittance Amount as set forth in Section 4.01(b)(II)(B)(i4.01(d)(II)(B)(i) below. (B) On each Distribution Date, the Trustee shall withdraw the Group II Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priority: (i) concurrently, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to for each such Certificates for Class and such Distribution Date; and (ii) concurrently, to the Holders of the each Class of Group I Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount related to for each such Certificates Class and such Distribution Date, remaining undistributed after the distribution of the Group I Interest Remittance Amount as set forth in Section 4.01(b)(II)(A)(i4.01(d)(II)(A)(i) above. (C) On each Distribution Date, following the distributions made pursuant to Section 4.01(b)(II)(A4.01(d)(II)(A) and (B) above, the Trustee shall withdraw from the Distribution Account an amount equal to any remaining Group I Interest Remittance Amount and Group II Interest Remittance Amount and shall distribute such amount sequentially to the Class ▇-M-▇, ▇▇▇▇▇ ▇-▇, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, in that order, in an amount equal to the Interest Distribution Amount for each such ClassClass and such Distribution Date.

Interest Distributions. (A) On each Distribution Date, the Trustee shall withdraw the Group I Interest Remittance Amount for such Distribution Date from the Distribution Account the Interest Remittance Amount and make the following distributions in respect of interest apply it in the following order of priority: priority (i) based upon the Mortgage Loan information provided to it in the Holders of Remittance Report, upon which the Group I CertificatesTrustee may conclusively rely), and the Class A Interest Distribution Amount related calculations required to such Certificates for such Distribution Date; and (ii) concurrentlybe made by the Trustee, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount for each such Class, remaining undistributed after the distribution of the Group II Interest Remittance Amount as set forth in Section 4.01(b)(II)(B)(i) below. (B) On each Distribution Date, the Trustee shall withdraw the Group II Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priorityextent available: (i) concurrently, to the Holders of each Trustee, the Trustee Fee for such Distribution Date, to the Credit Risk Manager, the Credit Risk Manager Fee for such Distribution Date, pro rata; (ii) concurrently, as follows: (a) from the Group 1 Interest Remittance Amount to the Class of Group II A-1 Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Accrued Certificate Interest Distribution Amount related to such Certificates thereon for such Distribution Date; and (iib) from the Group 2 Interest Remittance Amount to the Class A-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (iii) concurrently, as follows: (a) from the Group 1 Interest Remittance Amount to the Class A-1 Certificates, the Interest Carry Forward Amount thereon for such Distribution Date; and (b) from the Group 2 Interest Remittance Amount to the Class A-2 Certificates, the Interest Carry Forward Amount thereon for such Distribution Date; (iv) concurrently, as follows: (a) if the Group 1 Interest Remittance Amount is insufficient to pay the Class A-1 Certificates' Accrued Certificate Interest for such Distribution Date pursuant to Section 4.01(ii)(a) above, from the remaining Group 2 Interest Remittance Amount, to the Class A-1 Certificates, to cover such shortfall for such Distribution Date; and (b) if the Group 2 Interest Remittance Amount is insufficient to pay the Class A-2 Certificates' Accrued Certificate Interest for such Distribution Date pursuant to Section 4.01(ii)(b) above, from the remaining Group 1 Interest Remittance Amount, to the Class A-2 Certificates, to cover such shortfall for such Distribution Date; (v) concurrently, as follows: (a) if the Group 1 Interest Remittance Amount is insufficient to pay the Class A-1 Certificates' Interest Carry Forward Amount for such Distribution Date pursuant to Section 4.01(iii)(a) above, from the remaining Group 2 Interest Remittance Amount, to the Class A-1 Certificates, to cover such shortfall for such Distribution Date; and (b) if the Group 2 Interest Remittance Amount is insufficient to pay the Class A-2 Certificates' Interest Carry Forward Amount for such Distribution Date pursuant to Section 4.01(iii)(b) above, from the remaining Group 1 Interest Remittance Amount, to the Class A-2 Certificates, to cover such shortfall for such Distribution Date; (vi) to the Holders of the Group I Class M-1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (vii) to the Class A M-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Amount related Date; (viii) to the Class M-3 Certificates, the Accrued Certificate Interest thereon for such Certificates remaining undistributed after Distribution Date; (ix) to the distribution Class M-4 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (x) to the Class M-5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (xi) to the Class M-6 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (xii) to the Class M-7 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; and (xiii) the amount, if any, of the Group I Interest Remittance Amount as remaining after application with respect to the priorities set forth in above will be applied as described under Section 4.01(b)(II)(A)(i4.02(b) abovehereof. (C) On each Distribution Date, following the distributions made pursuant to Section 4.01(b)(II)(A) and (B) above, the Trustee shall withdraw from the Distribution Account an amount equal to any remaining Group I Interest Remittance Amount and Group II Interest Remittance Amount and shall distribute such amount sequentially to the Class ▇-▇, ▇▇▇▇▇ ▇-▇, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, in that order, in an amount equal to the Interest Distribution Amount for each such Class.

Interest Distributions. (A) On each Distribution Date, the Trustee shall withdraw the Group I Interest Remittance Amount for such Distribution Date from the Distribution Account the Interest Remittance Amount and make the following distributions in respect of interest apply it in the following order of priority: priority (i) based upon the Mortgage Loan information provided to it in the Holders of Remittance Report, upon which the Group I CertificatesTrustee may conclusively rely), and the Class A Interest Distribution Amount related calculations required to such Certificates for such Distribution Date; and (ii) concurrentlybe made by the Trustee, to the Holders of each Class of Group II Certificates, on a pro rata basis based on the entitlement of each such Class, the Class A Interest Distribution Amount for each such Class, remaining undistributed after the distribution of the Group II Interest Remittance Amount as set forth in Section 4.01(b)(II)(B)(i) below. (B) On each Distribution Date, the Trustee shall withdraw the Group II Interest Remittance Amount for such Distribution Date from the Distribution Account and make the following distributions in respect of interest in the following order of priorityextent available: (i) concurrently, to the Holders of each Trustee, the Trustee Fee for such Distribution Date, and to the Credit Risk Manager, the Credit Risk Manager Fee for such Distribution Date, pro rata; (ii) concurrently, as follows: (a) concurrently, from the Group 1 Interest Remittance Amount to the Class of Group II A-1 and Class A-1A Certificates, on a pro rata basis based on the entitlement of each such Classrata, the Class A applicable Accrued Certificate Interest Distribution Amount related to such Certificates thereon for such Distribution Date; and (iib) from the Group 2 Interest Remittance Amount to the Class A-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (iii) concurrently, as follows: (a) concurrently, from the Group 1 Interest Remittance Amount to the Class A-1 and Class A-1A Certificates, pro rata, the applicable Interest Carry Forward Amount thereon for such Distribution Date; and (b) from the Group 2 Interest Remittance Amount to the Class A-2 Certificates, the Interest Carry Forward Amount thereon for such Distribution Date; (iv) concurrently, as follows: (a) if the Group 1 Interest Remittance Amount is insufficient to pay the Class A-1 and Class A-1A Certificates' applicable Accrued Certificate Interest for such Distribution Date pursuant to Section 4.01(ii)(a) above, concurrently, from the remaining Group 2 Interest Remittance Amount, to the Class A-1 and Class A-1A Certificates, pro rata, to cover such shortfall for such Distribution Date; and (b) if the Group 2 Interest Remittance Amount is insufficient to pay the Class A-2 Certificates' Accrued Certificate Interest for such Distribution Date pursuant to Section 4.01(ii)(b) above, from the remaining Group 1 Interest Remittance Amount, to the Class A-2 Certificates, to cover such shortfall for such Distribution Date; (v) concurrently, as follows: (a) if the Group 1 Interest Remittance Amount is insufficient to pay the Class A-1 and Class A-1A Certificates' applicable Interest Carry Forward Amount for such Distribution Date pursuant to Section 4.01(iii)(a) above, concurrently, from the remaining Group 2 Interest Remittance Amount, to the Class A-1 and Class A-1A Certificates, pro rata, to cover such shortfall for such Distribution Date; and (b) if the Group 2 Interest Remittance Amount is insufficient to pay the Class A-2 Certificates' Interest Carry Forward Amount for such Distribution Date pursuant to Section 4.01(iii)(b) above, from the remaining Group 1 Interest Remittance Amount, to the Class A-2 Certificates, to cover such shortfall for such Distribution Date; (vi) to the Holders of the Group I Class M-1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (vii) to the Class A M-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Amount related Date; (viii) to the Class M-3 Certificates, the Accrued Certificate Interest thereon for such Certificates remaining undistributed after Distribution Date; (ix) to the distribution Class M-4 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (x) to the Class M-5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (xi) to the Class M-6 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; (xii) to the Class B Certificates, the Accrued Certificate Interest thereon for such Distribution Date; and (xiii) the amount, if any, of the Group I Interest Remittance Amount as remaining after application with respect to the priorities set forth in above will be applied as described under Section 4.01(b)(II)(A)(i4.02(b) abovehereof. (C) On each Distribution Date, following the distributions made pursuant to Section 4.01(b)(II)(A) and (B) above, the Trustee shall withdraw from the Distribution Account an amount equal to any remaining Group I Interest Remittance Amount and Group II Interest Remittance Amount and shall distribute such amount sequentially to the Class ▇-▇, ▇▇▇▇▇ ▇-▇, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, in that order, in an amount equal to the Interest Distribution Amount for each such Class.