Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trust, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.5.
Appears in 8 contracts
Samples: Master Trust Agreement, Federal National Mortgage Association, Federal National Mortgage Association
Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trusteach Issue for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.55.05.
Appears in 5 contracts
Samples: Federal National Mortgage Association, Supers Master Trust Agreement, Federal National Mortgage Association
Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount for a Trust, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.5.7.5.
Appears in 4 contracts
Samples: Multifamily Master Trust Agreement, Multifamily Master Trust Agreement, Multifamily Master Trust Agreement
Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Class Distribution Amount for each Class of Certificates with respect to a TrustSeries for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.55.05.
Appears in 2 contracts
Samples: SMBS Master Trust Agreement, SMBS Master Trust Agreement
Receipt of Guaranty Payments. To the extent the amount withdrawn from the Certificate Accounts and delivered to the Paying Agent is insufficient to pay the Certificate Distribution Amount (net of the Holders’ Prepayment Premium Portion, if any) for a Trusteach Issue for that Distribution Date, the Paying Agent will receive funds pursuant to the Guaranty as described in Section 7.55.05.
Appears in 1 contract
