Common use of The Certificate Insurance Policies Clause in Contracts

The Certificate Insurance Policies. (a) (i) On the Business Day prior to each Payment Date the Trustee shall determine with respect to the immediately following Payment Date, the amount on deposit in the Certificate Account on such Payment Date and available to be distributed to the Owners on such Payment Date with respect to Group I (disregarding the sum of (x) the amount of any Insured Payments and (y) the amount of any expected investment earnings) and equal to the sum of (A) such amount excluding the amount of any Total Monthly Excess Cashflow from Group I included in such amount plus (B) any amount of Total Monthly Excess Cashflow from either Group to be applied on account of Group I on such Payment Date to the Class A-1 Certificates plus (C) any deposit to the Certificate Account from the Pre-Funding Account or the Capitalized Interest Account expected to be made with respect to Group I on such Payment Date. The amount described in clause (A) of the preceding sentence with respect to each Payment Date is the "Group I Available Funds"; the sum of the amounts described in clauses (A), (B) and (C) of the preceding sentence with respect to each Payment Date is the "Group I Total Available Funds."

The Certificate Insurance Policies. (a) (i) On the Business Day prior to each Payment Date the Trustee shall determine with respect to the immediately following Payment Date, the amount on deposit in the Certificate Account on such Payment Date and available to be distributed to the Owners on such Payment Date with respect to Group I (disregarding the sum of (x) the amount of any Insured Payments and (y) the amount of any expected investment earnings) and equal to the sum of (A) such amount excluding the amount of any Total Monthly Excess Cashflow from Group I included in such amount plus (B) any amount of Total Monthly Excess Cashflow from either Group to be applied on account of Group I on such Payment Date to the Class A-1 Fixed Rate Certificates plus (C) any deposit to the Certificate Account from the Pre-Funding Account or the Capitalized Interest Account expected to be made with respect to Group I on such Payment Date. The amount described in clause (A) of the preceding sentence with respect to each Payment Date is the "Group I Available Funds"; the sum of the amounts described in clauses (A), (B) and (C) of the preceding sentence with respect to each Payment Date is the "Group I Total Available Funds."