Common use of Principal Distributions Clause in Contracts

Principal Distributions. (i) with respect to each Distribution Date (x) before the Stepdown Date or (y) if a Trigger Event is in effect, distributions in respect of principal, as follows:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Indymac Abs Inc), Pooling and Servicing Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-B), Pooling and Servicing Agreement (IndyMac MBS, Inc. Home Equity Mortgage Loan Asset-Backed Trust, Series INDS 2006-A)

AutoNDA by SimpleDocs

Principal Distributions. (i) with With respect to each Distribution Date (x) before the Stepdown Date or (y) if a Trigger Event is in effect, distributions in respect of principal, principal shall be made as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDB Mortgage Loan Trust 2006-1)

AutoNDA by SimpleDocs

Principal Distributions. (i) with respect to each Distribution Date (x) before the Stepdown Date or (y) if a Trigger Event is in effect, distributions in respect of principal, as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-A)

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