Distributions to Holders of Certificates Sample Clauses

Distributions to Holders of Certificates. Section 5.01 Distributions Generally. 71 Section 5.02 Distributions from the Certificate Account. 72 Section 5.03
Sample 1Sample 2See All (7)
Distributions to Holders of Certificates. 61 Section 5.01. Distributions Generally................................................. 61 Section 5.02. Distributions from the Distribution Account............................. 61 Section 5.03.
Sample 1Sample 2
Distributions to Holders of Certificates. 73 Section 5.01. Distributions Generally............................................................................73 Section 5.02. Priorities of Distribution.........................................................................74 Section 5.03. Allocation of Principal Payments to the Senior Certificates........................................78
Sample 1
Distributions to Holders of Certificates. 69 Section 5.01. Distributions Generally......................................................................................................... 69 Section 5.02. Distributions from the Certificate Account........................................................................... 69 Section 5.03. Allocation of Realized Losses............................................................................................... 75 Section 5.04. Advances by Master Servicer and the Trustee...................................................................... 76 Section 5.05. Compensating Interest Payments.......................................................................................... 77 ARTICLE VI CONCERNING THE TRUSTEE; EVENTS OF DEFAULT............................................. 77 Section 6.01. Duties of Trustee.................................................................................................................. 77 Section 6.02. Certain Matters Affecting the Trustee.................................................................................. 79 Section 6.03. Trustee Not Liable for Certificates....................................................................................... 81 Section 6.04. Trustee May Own Certificates.............................................................................................. 81 Section 6.05. Eligibility Requirements for Trustee.................................................................................... 81 Section 6.06. Resignation and Removal of Trustee.................................................................................... 82 Section 6.07. Successor Trustee.................................................................................................................. 82 Section 6.08. Merger or Consolidation of Trustee...................................................................................... 83 Section 6.09. Appointment of Co-Trustee, Separate Trustee or Custodian................................................ 83 Section 6.10. Authenticating Agents........................................................................................................... 85 Section 6.11. Indemnification of Trustee.................................................................................................... 86 Section 6.12. Compensation of the Trustee................................................................................................ 86 Section 6.13. Collection...
Sample 1
Distributions to Holders of Certificates. 56 ARTICLE VI CONCERNING THE TRUSTEE; EVENTS OF DEFAULT...............................62
Sample 1
Distributions to Holders of Certificates 
Sample 1Sample 2Sample 3See All (452)
AutoNDA by SimpleDocs

Related to Distributions to Holders of Certificates

  • Acts of Holders of Certificates (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given or taken by Holders or Certificate Owners, if the Holder is a Clearing Agency, may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee and the Securities Administrator and, where expressly required herein, to the Master Servicer. Such instrument or instruments (as the action embodies therein and evidenced thereby) are herein sometimes referred to as an “Act” of the Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agents shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee, the Securities Administrator and the Master Servicer, if made in the manner provided in this Section. Each of the Trustee, the Securities Administrator and the Master Servicer shall promptly notify the others of receipt of any such instrument by it, and shall promptly forward a copy of such instrument to the others.

  • Distributions on the Certificates (a) Interest and principal on the Certificates will be distributed monthly on each Distribution Date, commencing in January 2002, in an aggregate amount equal to the sum of the Available Funds for such Distribution Date.

  • DISTRIBUTIONS IN RESPECT OF CERTIFICATES PAYMENTS TO CERTIFICATEHOLDERS;

  • Purchase Rights of Certificateholders (a) By acceptance of its Applicable Certificate, each Applicable Certificateholder agrees that at any time after the occurrence and during the continuation of a Certificate Buyout Event:

  • Rights of Certificateholders Section 11.1 Limitation on Rights of Holders.............................. Section 11.2 Access to List of Holders.................................... Section 11.3 Acts of Holders of Certificates..............................

  • Distributions to Certificateholders (a) The Trustee shall establish and maintain a separate account as set forth in Article I (the "Certificate Account"), the purpose of which is to accept deposits from the Servicer and to make distributions to the Certificateholders of the amounts set forth in this Section 4.1.

  • Designation of Certificates Designation of Startup Day and Latest Possible Maturity Date................................ Section 2.06 Optional Substitution of Mortgage Loans...........................

  • Distributions on Book-Entry Certificates Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, which shall credit the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a “brokerage firm” or “indirect participating firm”) for which it acts as agent. Each brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it represents. All such credits and disbursements with respect to a Book-Entry Certificate are to be made by the Depository and the Depository Participants in accordance with the provisions of the Certificates. None of the Trustee, the Depositor or the Seller shall have any responsibility therefor.

  • Liability of the Holders of the Certificates The Holders of the Certificates shall be jointly and severally liable directly to and shall indemnify any injured party for all losses, claims, damages, liabilities and expenses of the Trust and the Owner Trustee (including Expenses, to the extent not paid out of the Owner Trust Estate); provided, however, that the Holders of the Certificates shall not be liable for payments required to be made on the Bonds or the Certificates, or for any losses incurred by a Certificateholder in the capacity of an investor in the Certificates or a Bondholder in the capacity of an investor in the Bonds. The Holders of the Certificates shall be liable for and shall promptly pay any entity level taxes imposed on the Trust. In addition, any third party creditors of the Trust (other than in connection with the obligations described in the second preceding sentence for which the Holders of the Certificates shall not be liable) shall be deemed third party beneficiaries of this paragraph. The obligations of the Holders of the Certificates under this paragraph shall be evidenced by the Certificates.

Time is Money Join Law Insider Premium to draft better contracts faster.