Common use of Withdrawals from Accounts Clause in Contracts

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final any Distribution Date in any month following which are not being held for future distribution of the on Lower Tier Distribution Amount for such month and any Interest 9 or are not required deposit to be deposited in the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 2.03 and 3.07 3.08 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Trust Account and the Trust Funding Account on any Distribution Date shall be withdrawn by Xxxxxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account Accounts on any Distribution Date shall be withdrawn by Xxxxxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 3.05 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 2.03 and 3.07 3.06 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICREMIC or Trust Fund.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account or the Trust Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICREMIC or the Trust Fund, as applicable.

Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 2.03 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMICREMIC or Trust Fund, as applicable.