Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 12 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 24a), Trust Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a), Trust Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2002 4h)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount with respect to each Mortgage PoolCollateral Group, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 12 contracts
Samples: Trust Agreement (Lehman Mortgage Trust 2006-8), Trust Agreement (Lehman Mortgage Trust 2007-8), Trust Agreement (Lehman Mortgage Trust 2008-2)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount (other than the Class E Distributable Amount and the Class P Distributable Amount) with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of CertificatesCertificates or Components, in the following order of priority:
Appears in 12 contracts
Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Pass-Through Certificates, Series 2004-13), Trust Agreement (Structured Asset Securities Corp Mort Ps-THR Cert Ser 2004-3), Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Se 2003 29)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Premiums) and amounts that are available for payment to the Swap Counterparty and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of priority:this Section.
Appears in 7 contracts
Samples: Trust Agreement (Lehman XS Trust Series 2006-14n), Trust Agreement (Lehman XS Trust Series 2006-4n), Trust Agreement (GreenPoint Mortgage Funding Trust 2007-Ar3)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount (other than the Class P Distributable Amount) with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of CertificatesCertificates or Components, in the following order of priority:
Appears in 5 contracts
Samples: Trust Agreement (Structured Asset Securities Corp. Trust 2005-5), Trust Agreement (Structured Asset Securities Corp. 2005-14), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolAmount, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 4 contracts
Samples: Trust Agreement (Structured Adjustable Rate Mortgage Loan Rate), Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust), Trust Agreement (Structured Asset Secs Corp Mort Pass-Thru Cert Sers 2004-2ac)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount (other than the Class E Distributable Amount and the Class P Distributable Amount) with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of CertificatesCertificates or Components, in the following order of priority:
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Ps THR Certs Ser 2003-8), Trust Agreement (Structured Asset Securities Corp Mor Pa Th Ce Se 2002-13), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2003-1)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool(other than the Class E Distributable Amount and the Class P Distributable Amount), and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of prioritypriority to the extent of remaining Available Distribution Amount:
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-24), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 10), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 03 4)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolPool (to the extent on deposit in the Distribution Account), and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Sec Corp Mort Passthr Certs Ser 2003 40a), Trust Agreement (Mortgage Pass-Through Certificates Series 2003-37a)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2000-2), Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2001 3a)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount (other than the Class P Distributable Amount) with respect to each Mortgage PoolCollateral Group, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 3 contracts
Samples: Trust Agreement (Lehman Mortgage Trust 2007-4), Re: Trust Agreement (Lehman Mortgage Trust 2007-5), Trust Agreement (Structured Asset Securities Corp. 2005-16)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Premiums) and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificatesas specified in this Section concurrently, in the following order of priorityas follows:
Appears in 2 contracts
Samples: Trust Agreement (Lehman XS Trust Series 2006-Gp4), Trust Agreement (Lehman XS Trust Series 2006-Gp2)
Distributions from the Certificate Account. (a) On each Distribution Date, Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with respect to each Mortgage Pool, for such date and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of priority:this Section.
Appears in 2 contracts
Samples: Trust Agreement (American Residential Eagle Inc), Trust Agreement (American Residential Eagle Inc)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the any successor Paying Agent on behalf of the Trustee, as applicable) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Penalty Amounts) and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of priority:this Section.
Appears in 2 contracts
Samples: Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-3), Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-1)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to itself (in the case of clause (i)), the Class 1-A1 Certificate Insurer, and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass-THR Cert Ser 2001-14a), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2001 15a)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, Certificates in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect (less any amounts deducted pursuant to each Mortgage PoolSection 4.04(b)(ii)), and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Securities Asset Corp Mort Pas THR Cert Ser 01 4a)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool(other than the Class E Distributable Amount and the Class P Distributable Amount), and shall distribute such amount to the Certificate Insurer and the Holders of record of each Class of Certificates, in the following order of prioritypriority to the extent of remaining Available Distribution Amount:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Co Mor Pass-THR Cer Ser 2002-19)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Premiums) and amounts that are available for payment to the related Swap Counterparty and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of priority:this Section.
Appears in 1 contract
Distributions from the Certificate Account. (a) On ------------------------------------------ each Distribution Date, Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolPool and shall, and shall after deduction of the Trustee Fee therefrom, distribute such amount to the Holders of record of each Class of Certificates, Certificates in the related Certificate Group in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corporation)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolAmount, and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Cert Ser 01 7a)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Loan Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Pass Through Cert Series 2002-Al1)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount (other than Prepayment Penalty Amounts) with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of CertificatesCertificates or Components, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pass THR Cert Ser 2002)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Premiums) and amounts that are available for payment to the Swap Counterparty and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of prioritythis Section as follows:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of CertificatesCertificates or Components, in the following order of prioritypriority based on the report of the Securities Administrator:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount Amount, determined in accordance with respect to each Mortgage Poolthe Remittance Report provided by the Securities Administrator for such Distribution Date, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Thornburg Mortgage Securities Trust 2004-3)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool(other than the Class E Distributable Amount), and shall distribute such amount to the Holders of record of each Class of Certificates, Certificates in the following order of prioritypriority based on the report of the Securities Administrator:
Appears in 1 contract
Samples: Trust Agreement (Banccap Asset Securization Issuance Corp)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Certificate Insurer, and to the Holders of record of each Class of CertificatesCertificates or Components, in the following order of prioritypriority based on the report of the Securities Administrator:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3)
Distributions from the Certificate Account. (a|(a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Class 1-A5 Certificate Insurer, and to the Holders of record of each Class of Certificates, in the following order of prioritypriority based on the report of the Securities Administrator:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pass THR Cert Ser 01 1)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Premiums) and amounts that are available for payment to the Swap Counterparty and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of prioritythis Section concurrently as follows:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On ------------------------------------------ each Distribution Date, Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, Pool and shall distribute such amount to Financial Security in payment of the Aggregate FSA Premium and to the Holders of record of each Class of Certificates, Certificates in the related Certificate Group in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corporation)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to itself (in the case of clause (i)), the Class 2-A1 Certificate Insurer, and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2001-10a)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount (other than the Class E Distributable Amount and the Class P Distributable Amount) with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2002 17)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount (other than the Class E Distributable Amount and the Class P Distributable Amount) with respect to each Mortgage Pool, and shall distribute such amount to the Certificates Insurer and the Holders of record of each Class of CertificatesCertificates or Components, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-15)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Total Distribution Amount with (excluding all Prepayment Premiums) and shall allocate such amount to the interests issued in respect to of each Mortgage Pool, REMIC and shall distribute such amount to the Holders of record of each Class of Certificates, as specified in the following order of prioritythis Section concurrently as follows:
Appears in 1 contract
Samples: Trust Agreement (Lehman XS 2007-4n)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount with respect to each Mortgage Pool(other than the Class E Distributable Amount and the Class P Distributable Amount), and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each --------------------------------------------- Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, Certificates in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each ----------------------------------------- Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, Certificates in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Class 2-A3 Certificate Insurer, to itself and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2000-1)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, determined in accordance with the Remittance Report provided by the Securities Administrator for such Distribution Date, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Thorn Mort Sec Tr 2003-3)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool(other than the Class P Distributable Amount), and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of prioritypriority to the extent of remaining Available Distribution Amount:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003-16)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolPool (to the extent on deposit in the Distribution Account), and shall distribute such amount to itself (in the case of clause (i) and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each Distribution Date, Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, Certificates in the following order of priority:
Appears in 1 contract
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account Account, the Available Distribution Amount with respect to each Mortgage Pool, (other than the Class P Distributable Amount) and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Trust 2005-3)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Class A4 Certificate Insurer, and to the Holders of record of each Class of Certificates, in the following order of prioritypriority based on the report of the Securities Administrator:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2001-2)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolAmount, and shall distribute such amount to itself (in the case of clause (i)), the Credit Risk Manager and to the Holders of record of each Class of Certificates, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Thornburg Mortgage Sec Tr 2002-1 MRT Ln Ps THR CRT Sr 2002-1)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage PoolAmount, and shall distribute such amount to the Certificate Insurer, in payment of the Aggregate Certificate Insurance Premium and all Reimbursement Amounts, to itself, in payment of the Trustee Fee, and to the Holders of record of each Class of Certificates, Certificates in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass Thro Cert Ser 1999 Als2)
Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Class 2-A5 Certificate Insurer, to itself and to the Holders of record of each Class of Certificates, in the following order of prioritypriority based on the report of the Securities Administrator:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Cert Se 2000 3)
Distributions from the Certificate Account. (a) On each Distribution Date, Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Available Distribution Amount with respect to each Mortgage Pool, and shall distribute such amount to the Class 2-A3 Certificate Insurer in payment of the Aggregate Class 2-A3 Certificate Insurance Premium and to the Holders of record of each Class of Certificates, Certificates in the related Certificate Group in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 1999 1)
