Common use of Priorities of Distribution Clause in Contracts

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2004-5ar)

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Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority andpriority, in each case, to the extent of Available Funds remaining:

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (IndyMac IMSC Mortgage Loan Trust 2007-Ar1), Pooling and Servicing Agreement (IndyMac INDA Mortgage Loan Trust 2007-Ar3), Pooling and Servicing Agreement (IndyMac INDA Mortgage Loan Trust 2007-Ar6)

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Countrywide Home Loans 2005-J8), Pooling and Servicing Agreement (Alternative Loan Trust 2005-J11), Pooling and Servicing Agreement (Alternative Loan Trust 2005-J10)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Collateral Allocation Group 1, 1 on each Distribution Date, the Securities Administrator shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of such Available Funds remaining:

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-12), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-13), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2005-4)

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority andorder, in each case, to the extent of Available Funds remaining:

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-4cb), Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates and Class 1-X Components in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002 A9), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002-A10), Pooling and Servicing Agreement (Indymac MBS Inc Res as Sec Tr 2002-A3 Mo Pa Th Ce Se 2002-C)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes and Components of Loan Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, 1 on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, 1 on each Distribution Date, the Securities Administrator shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of such Available Funds remaining:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2005-7), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the related Senior Certificate Group in the following order and priority and, in each case, to the extent of Available Funds for Loan Group 1 remaining:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-17), Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (Alternative Loan Trust 2005-17)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar1), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar9), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar11)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar15), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar13), Pooling and Servicing Agreement (IndyMac IMSC Mortgage Loan Trust 2007-F1)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates Certificates, in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 3 contracts

Samples: CWMBS (CWMBS Inc), Exhibit 99 (CWMBS Inc), Exhibit 99 (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2004-3), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Mort Pas THR Certs Ser 2004-1)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2 and Loan Group 3, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2 and Loan Group 3, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes and Components of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar37), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar33)

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates and payments to MBIA in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CWMBS Inc), Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority andpriority, in each case, to the extent of Available Funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (IndyMac INDA Mortgage Loan Trust 2007-Ar7), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar21ip)

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on On each Distribution Date, the Securities Administrator shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2005-11ar), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1I and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the Available Funds such funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Payment Date, the Securities Administrator Indenture Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Payment Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates Notes in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Merrill Lynch Mortgage Investors Inc

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority andorder, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CHL Mortgage Pass-Through Trust 2007-Hy5)

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Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority andorder, in each case, to the extent of Available Funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar19)

Priorities of Distribution. (a) (1) With respect On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1 from the Distribution Account and apply such funds first, to the Certificate Insurer, the portion of the monthly premium for the Policy for such Distribution Date payable at the Class 1-A-3B Premium Rate from Available Funds for Loan Group 1, on each Distribution Dateand second, the Securities Administrator shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2005-Ar18)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, Loan Group 3 and Loan Group 4, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Collateral Allocation Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Collateral Allocation Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CHL Mortgage Pass-Through Trust 2005-19)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2 and Loan Group 3, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates and payments to MBIA in the following order and of priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, 1 on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and of priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2 and Loan Group 3, on each Distribution Date, the Securities Trustee, based solely on the information set forth in the Certificate Administrator Report, shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwabs Inc Mortgage Pass Through Trust 2001-J1)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for the Loan Group One and Remaining Available Funds for Loan Group 1Two, on each Distribution Date, the Securities Administrator shall Trustee shall, to the extent on deposit therein, withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in Certificate Group One, in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mellon Residential Funding Corp)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Washington Mutual Home Loan CHL Mort Pas THR Trust 2001 Hyb1)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2 and Loan Group 3, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Loan Group 1 Senior Certificates Certificates, in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwabs Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for each Loan Group 1Group, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the related Senior Certificate Group in the following order and priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each case, to the extent of Available Funds such funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002-A12)

Priorities of Distribution. (a) (1) With respect to On each Distribution Date, the Trustee shall withdraw the Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds 1 from the funds available therefor in the Distribution Account and apply distribute such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and priority and, in each casefunds, to the extent of Available Funds remaining:, concurrently, to each interest-bearing Class of Group 1 Senior Certificates, in an amount allocable to interest equal to the related Class Optimal Interest Distribution Amount, any shortfall being allocated among such Classes in proportion to the amount of the Class Optimal Interest Distribution Amount that would have been distributed in the absence of such shortfall;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Ar7)

Priorities of Distribution. (a) (11)(v) With respect to the Available Funds for Loan Group 1I, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 I Senior Certificates and related Components in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (BellaVista Mortgage Trust 2005-1)

Priorities of Distribution. (a) (1) With respect to Available Funds for Loan Group 1, on each Distribution Date, the Securities Administrator shall withdraw the Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates and the Class 1-L-IO Certificates in the following order and priority and, in each case, to the extent of Available Funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-11ar)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Group 11 and Remaining Available Funds for Loan Group 2, on each Distribution Date, the Securities Administrator Trustee shall withdraw the such Available Funds from the funds available therefor in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 Senior Certificates in the following order and of priority and, in each case, to the extent of Available Funds for such Loan Group remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWMBS Inc)

Priorities of Distribution. (a) (1) With respect to the Available Funds for Loan Collateral Allocation Group [1, ] on each Distribution Date, the Securities Administrator shall withdraw the such Available Funds from the funds available therefor therefore in the Distribution Account and apply such funds to distributions on the specified Classes of Group 1 [1] Senior Certificates in the following order and priority and, in each case, to the extent of such Available Funds remaining:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc)

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