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, 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 distribution in accordance with Section 4.

Appears in 5 contracts

Sources: Pooling and Servicing Agreement (Bombardier Capital Mortgage Securitization Corp), Pooling and Servicing Agreement (Bombardier Capital Mortgage Securitization Corp), Pooling and Servicing Agreement (Bombardier Capital Mortgage Securitization Corp)