Common use of Remittances to the Trustee Clause in Contracts

Remittances to the Trustee. On each Remittance Date, the Master Servicer shall (1) withdraw from the Collection Account and remit to the Trustee, by wire transfer of immediately available funds to the Collection Account, all amounts on deposit in the Collection Account as of the close of business on the Determination Date prior to such Remittance Date, minus:

Appears in 1 contract

Samples: Servicing Agreement (Imperial Credit Commercial Mortgage Acceptance Corp)

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Remittances to the Trustee. (a) On each Master Remittance Date, the Master Servicer shall (1) withdraw from the Collection Account and remit to the TrusteeTrustee for deposit into the Certificate Account, by wire transfer of immediately available funds to the Collection Accountfunds, all amounts on deposit in the Collection Account as of the close of business on the related Determination Date prior to such Remittance Date, (including any amounts in respect of Excess Interest) minus:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)

Remittances to the Trustee. (a) On each Master Remittance Date, the Master Servicer shall (1) withdraw from the Collection Account and remit to the TrusteeTrustee for deposit into the Certificate Account, by wire transfer of immediately available funds to the Collection Accountfunds, all amounts on deposit in the Collection Account as of the close of business on the related Determination Date prior minus: ----- (i) any permitted charges against or withdrawals from the Collection Account pursuant to such Remittance Date, minus:clauses (i) through (viii) of Section 4.03(a) hereof; and

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan J P Commercial Mortgage Finance Corp)

Remittances to the Trustee. (a) On each Master Remittance Date, the Master Servicer shall (1) withdraw from the Collection Account and remit to the TrusteeTrustee for deposit into the Certificate Account, by wire transfer of immediately available funds to the Collection Accountfunds, all amounts on deposit in the Collection Account as of the close of business on the related Determination Date prior to such Remittance Date, (including any amounts in respect of Excess Interest and Default Interest) minus:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)

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Remittances to the Trustee. On each Master Remittance Date, the Master Servicer shall (1) withdraw from the Master Collection Account and remit to the Trustee, by wire transfer of immediately available funds to the Collection Accountfunds, all amounts on deposit in such account as of such Master Remittance Date, minus any permitted ----- charges against or withdrawals from the Master Collection Account as pursuant to clauses (i) through (ix) of Section 5.03 hereof and (2) remit to the close of business Trustee any P&I Advances required to be made on the Determination Date or prior to such Master Remittance Date, minus:Date pursuant to Section 5.05(b).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan J P Commercial Mortgage Finance Corp)

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