Note Distribution Account Sample Clauses

Note Distribution Account. (a) On each Distribution Date (based solely on the information contained in the Preliminary Servicer’s Certificate) the Trust Collateral Agent shall distribute all amounts on deposit in the Note Distribution Account to Noteholders in respect of the Notes to the extent of amounts due and unpaid on the Notes for principal and interest in the following amounts and in the following order of priority:
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Note Distribution Account. (a) On each Distribution Date (based solely on the information contained in the Preliminary Servicer's Certificate) and each Insured Distribution Date (based solely on the information in the Servicer's Certificate), as applicable, the Trust Collateral Agent shall distribute all amounts on deposit in the Note Distribution Account to Noteholders in respect of the Notes to the extent of amounts due and unpaid on the Notes for principal and interest in the following amounts and in the following order of priority:
Note Distribution Account. (a) On each Payment Date, the Trustee shall distribute all amounts on deposit in the Note Distribution Account to Noteholders in respect of the Notes to the extent of amounts due and unpaid on the Notes for principal and interest in the following amounts and in the following order of priority:
Note Distribution Account. (a) On each Distribution Date (based solely on the information contained in the Servicer's Certificate) the Indenture Trustee will distribute all amounts on deposit in the Note Distribution Account to Noteholders in respect of the Notes to the extent of amounts due and unpaid on the Notes for principal and interest in the following amounts: - From amounts transferred pursuant to Section 5.7(a)(iii), accrued and unpaid interest on the Class A Notes; provided that if such amount is insufficient to pay the entire amount of accrued and unpaid interest then due on each Class of Class A Notes, the amount in the Note Distribution Account will be applied to the payment of such interest on each Class of Class A Notes pro rata on the basis of the amount of accrued and unpaid interest due on each Class of Class A Notes. - From amounts transferred pursuant to Section 5.7(a)(iv), (v), (viii), and (xi), in the following order of priority:
Note Distribution Account. (a) On each Settlement Date (based solely on the information contained in the Servicer's Certificate), the Trustee shall distribute all amounts on deposit in the Note Distribution Account to the Noteholder in respect of the Note to the extent of amounts due and unpaid on the Note for principal and interest in the following amounts and in the following order of priority:
Note Distribution Account. Section 1.1
Note Distribution Account. ... Section 1.1 Noteholders' Distributable Amount.......................... Section 1.1 Noteholders' Percentage.................................... Section 1.1 Obligor.................................................... Section 1.1
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Note Distribution Account. (a) On each Payment Date, as applicable, the Indenture Trustee shall (based solely on the information contained in the Servicer's Certificate delivered on the related Determination Date) cause to be made the following distribution of all amounts on deposit in the Note Distribution Account to each Noteholder of record on the preceding Record Date in the following order of priority:
Note Distribution Account. (a) No later than the Closing Date, the Trustee will establish and maintain with itself in its trust department a trust account, which shall not be interest-bearing, titled "TMS Residential Trust Note Distribution Account 1998-I," (the "Note Distribution Account"). The Trustee shall, promptly upon receipt, deposit in the Note Distribution Account and retain therein:
Note Distribution Account. Section 1.1 Noteholders’ Distributable Amount
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