Common use of Remittance Dates Clause in Contracts

Remittance Dates. On or prior to the Remittance Date for any Distribution Date, the Servicer shall remit the Remittance Amount for such Distribution Date to the Trustee, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, by wire transfer or otherwise, in immediately available funds, for deposit into the Distribution Account. If the Certificate Account is maintained by the Trustee, on each Remittance Date, the Servicer shall notify the Trustee as to the amount of the related Remittance Amount and the amount of all required P&I Advances to be covered by investment earnings on the Certificate Account, and the Trustee shall transfer such amount from the Certificate Account to the Distribution Account on the related Distribution Date. In such event, the Servicer shall still remit any P&I Advances not covered by investment earnings on the Certificate Account to the Trustee for deposit into the Distribution Account on the Remittance Date. Notwithstanding the foregoing, if a Terminating Purchase is to be made on such Distribution Date, and the Servicer shall have received the Termination Price or shall be the Terminator, the Servicer shall remit the Termination Price rather than the Remittance Amount to the Trustee for deposit into the Distribution Account.

Remittance Dates. On or prior to the Remittance Date for any Distribution Date, the Master Servicer shall remit the Remittance Amount for such Distribution Date to the Trustee, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, Compensating Interest and Foreclosure Advances, by wire transfer or otherwise, in immediately available funds, for deposit into the Distribution Account. If the Certificate Account is maintained by the Trustee, on each Remittance Date, the Master Servicer shall notify the Trustee as to the amount of the related Remittance Amount and the amount of all required P&I Advances to be covered by investment earnings on the Certificate Account, and the Trustee shall transfer such amount from the Certificate Account to the Distribution Account on the related Distribution Date. In such event, the Master Servicer shall still remit any P&I Advances not covered by investment earnings on the Certificate Account to the Trustee for deposit into the Distribution Account on the Remittance Date. Notwithstanding the foregoing, if a Terminating Purchase is to be made on such Distribution Date, and the Master Servicer shall have received the Termination Price or shall be the Terminator, the Master Servicer shall remit the Termination Price rather than the Remittance Amount to the Trustee for deposit into the Distribution Account.

Remittance Dates. On or prior to the Remittance Date for any Distribution Date, the Master Servicer shall remit the Remittance Amount for such Distribution Date to the Trustee, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, by wire transfer or otherwise, in immediately available funds, for deposit into the Distribution Account. If the Certificate Account is maintained by the Trustee, on each Remittance Date, the Master Servicer shall notify the Trustee as to the amount of the related Remittance Amount and the amount of all required P&I Advances to be covered by investment earnings on the Certificate Account, and the Trustee shall transfer such amount from the Certificate Account to the Distribution Account on the related Distribution Date. In such event, the Master Servicer shall still remit any P&I Advances not covered by investment earnings on the Certificate Account to the Trustee for deposit into the Distribution Account on the Remittance Date. Notwithstanding the foregoing, if a Terminating Purchase is to be made on such Distribution Date, and the Master Servicer shall have received the Termination Price or shall be the Terminator, the Master Servicer shall remit the Termination Price rather than the Remittance Amount to the Trustee for deposit into the Distribution Account.

Remittance Dates. On or prior to the Remittance Date for any ---------------- Distribution Date, the Servicer shall remit the Remittance Amount for such Distribution Date to the Trustee, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, by wire transfer or otherwise, in immediately available funds, for deposit into the Distribution Account. If the Certificate Account is maintained by the Trustee, on each Remittance Date, the Servicer shall notify the Trustee as to the amount of the related Remittance Amount and the amount of all required P&I Advances to be covered by investment earnings on the Certificate Account, and the Trustee shall transfer such amount from the Certificate Account to the Distribution Account on the related Distribution Date. In such event, the Servicer shall still remit any P&I Advances not covered by investment earnings on the Certificate Account to the Trustee for deposit into the Distribution Account on the Remittance Date. Notwithstanding the foregoing, if a Terminating Purchase is to be made on such Distribution Date, and the Servicer shall have received the Termination Price or shall be the Terminator, the Servicer shall remit the Termination Price rather than the Remittance Amount to the Trustee for deposit into the Distribution Account.

Remittance Dates. On or prior to the Remittance Date for any Distribution Date, the Servicer shall remit the Remittance Amount for such Distribution Date to the Trustee, from and to the extent of the funds in the Certificate Account, plus all required P&I Advances, by wire transfer or otherwise, in immediately available funds, for deposit into the Distribution Account. If the Certificate Account is maintained by the Trustee, on each Remittance Date, the Servicer shall notify the Trustee as to the amount of the related Remittance Amount and the amount of all required P&I Advances to be covered by investment earnings on the Certificate Account, and the Trustee shall transfer such amount from the Certificate Account to the Distribution Account on the related Distribution Date. In such event, the Servicer shall still remit any P&I Advances not covered by -48- 54 investment earnings on the Certificate Account to the Trustee for deposit into the Distribution Account on the Remittance Date. Notwithstanding the foregoing, if a Terminating Purchase is to be made on such Distribution Date, and the Servicer shall have received the Termination Price or shall be the Terminator, the Servicer shall remit the Termination Price rather than the Remittance Amount to the Trustee for deposit into the Distribution Account.