Common use of Distributions from the Certificate Account Clause in Contracts

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 Total Distribution Amount (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 of each REMIC and shall distribute such amount as specified in this Section.

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 Total Distribution Amount (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 of each REMIC date and shall distribute such amount as specified in this Section. (b) On each Distribution Date, the Interest Distribution Amount for such date will be distributed in the following order of priority:

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 Total Available Distribution Amount and from the Interest Reserve Fund such amount as is required pursuant to priorities (excluding all Prepayment Premiumsiii) and amounts that are available for payment to the related Swap Counterparty and shall allocate such amount to the interests issued in respect of each REMIC (iv) below, and shall distribute such amount as specified to Financial Security and to the Holders of record of each Class of Certificates in this Section.the following order or priority: