Note Distribution Account definition

Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

Note Distribution Account means the account designated as such, and established and maintained pursuant to Section 4.01 of the Sale and Servicing Agreement.

Examples of Note Distribution Account in a sentence

• As provided in the Trust Agreement and the Indenture, withdrawals from the Note Distribution Account will be made from time to time for purposes other than payments to the Certificateholder.

• On each Remittance Date, the Capital Contribution Provider (or the Capital Contribution Assignee, if any) will pay or cause to be paid to the Issuer, by deposit into the Note Distribution Account or otherwise, an amount equal to the Capital Contribution Amount for such Remittance Date.

• On each Remittance Date, Xxxxxx Mae will pay to the Issuer, for deposit into the Note Distribution Account by the Indenture Trustee, (a) the Transfer Amount for the related Payment Date, it being understood that the Trust Estate Yield for the related Payment Date will be deemed to satisfy, up to the amount of such Trust Estate Yield, Xxxxxx Mae's Transfer Amount payment obligation for such Remittance Date and (b) the Return Reimbursement Amount, if any, for such Remittance Date.

• On each Remittance Date, Xxxxxx Xxx will pay to the Issuer, for deposit into the Note Distribution Account by the Indenture Trustee, (a) the Transfer Amount for the related Payment Date, it being understood that the Trust Estate Yield for the related Payment Date will be deemed to satisfy, up to the amount of such Trust Estate Yield, Fannie Mae's Transfer Amount payment obligation for such Remittance Date and (b) the Return Reimbursement Amount, if any, for such Remittance Date.

• On each Remittance Date,‌ the Capital Contribution Provider (or the Capital Contribution Assignee, if any) will pay or cause to be paid to the Issuer, by deposit into the Note Distribution Account or otherwise, an amount equal to the Capital Contribution Amount for such Remittance Date.

More Definitions of Note Distribution Account

Note Distribution Account means the account established and maintained as such pursuant to Section 7.01.

Note Distribution Account means the trust account established by the Indenture Trustee on behalf of the Noteholders pursuant to Section 8.02, into which amounts released from the 20[__]-[__] SUBI Collection Account and the Reserve Fund for distribution to Noteholders shall be deposited and from which all distributions to Noteholders shall be made.

Note Distribution Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 8.2(a) of this Indenture.

Note Distribution Account has the meaning set forth in the Indenture.

Note Distribution Account means the account established and maintained as such pursuant to Section 4.01.

Note Distribution Account means the account specified on Exhibit A.

Note Distribution Account means the Note Distribution Account established and maintained pursuant to Section 5.01(a)(ii) hereof.