Common use of Distribution Reports to the Trustee Clause in Contracts

Distribution Reports to the Trustee. In the event that the Trustee has appointed a Certificate Administrator, prior to 5:00 p.m. New York City time on the Withdrawal Date, the Certificate Administrator shall provide the Trustee with a statement regarding the amount of principal and interest (if any) to be distributed to each Class of Certificates on such Distribution Date (such amounts to be determined in accordance with the definition of "Certificate Distribution Amount", Section 3.5 hereof and other related definitions set forth in Article I hereof).

Distribution Reports to the Trustee. In the event that the Trustee has appointed a Certificate Administrator, prior to 5:00 p.m. P.M. New York City time on the Withdrawal Date, the Certificate Administrator shall provide the Trustee with a statement regarding the amount of principal and interest (if any) and the Residual Distribution Amount to be distributed to each Class of Certificates on such Distribution Date (such amounts to be determined in accordance with the definition of "Certificate Distribution Amount", Section 3.5 hereof and other related definitions set forth in Article I hereof).