Common use of The Certificate Insurance Policy Clause in Contracts

The Certificate Insurance Policy. (a) Within two (2) days of each Servicer Distribution Date, the Trustee shall determine with respect to the immediately following Distribution Date, the amount to be on deposit in the Certificate Account on such Distribution Date as a result of the (i) Servicer's remittance of the Servicer Remittance Amount on the related Servicer Distribution Date, and (ii) any transfers to the Certificate Account made from the Capitalized Interest Account and/or the Pre-Funding Account relating to such Distribution Date pursuant to Section 6.01 hereof, excluding the amount of any Insured Payment and prior to the application of the amounts described in clauses (a)(i) through (a)(iii) of Section 6.05 for the related Distribution Date. The amounts described above in the preceding sentence with respect to the Distribution Date are the "Available Funds".

The Certificate Insurance Policy. (a) Within two (2) days of each Servicer Distribution Date, the Trustee shall determine with respect to the immediately following Distribution Date, the amount to be on deposit in the Certificate Account on such Distribution Date as a result of the (i) Servicer's remittance of the Servicer Remittance Amount on the related Servicer Distribution Date, and (ii) any transfers to the Certificate Account made from the Capitalized Interest Account and/or the Pre-Pre- Funding Account relating to such Distribution Date pursuant to Section 6.01 hereof, excluding the amount of any Insured Payment and prior to the application of the amounts described in clauses (a)(i) through (a)(iii) of Section 6.05 for the related Distribution Date. The amounts described above in the preceding sentence with respect to the Distribution Date are the "Available Funds".