Examples of Distribution Date in a sentence
All distributions made with respect to any Certificate on any Distribution Date shall be applied first to the interest distributable thereon on such Distribution Date and then to the principal thereof.
Distributions on the Regular Certificates on any Distribution Date shall be made to Holders of record thereof on the previous Record Date.
In the event that the amount on deposit in the Certificate Account on any Distribution Date shall be less than the applicable portion of the Lower Tier Distribution Amount distributable thereon, Xxxxxx Mae shall provide from its own funds the amount of any such insufficiency.
The Record Date for each Distribution Date is the last day of the month preceding the month in which such Distribution Date occurs.
On each Distribution Date, Xxxxxx Xxx shall withdraw from the Certificate Account the portion of the Lower Tier Distribution Amount distributable thereon and shall make the distributions to the Holders of the related Lower Tier Regular Classes in the respective amounts and in the applicable manner determined pursuant to Section 2.02.