Distributions of Interest Sample Clauses

Distributions of Interest. With respect to each Pool, the Administrator, on behalf of the Trustee, shall withdraw from the Custodial Account and shall distribute to each related Holder its pro rata share of interest collections with respect to the Mortgages included in such Pool, at a rate equal to the Coupon. Interest shall accrue during each Accrual Period. The Administrator may retain from any delinquent interest payment on any Mortgage, for reimbursement to the Guarantor, any amount not previously received with respect to such Mortgage but paid by the Guarantor to the related Holders under its guarantee. With respect to each Pool, a partial month’s interest retained by Freddie Mac or remitted to the related Holders with respect to prepayments shall constitute an adjustment to the fee payable to the Administrator and the Guarantor pursuant to Section 3.08(a) for such Pool.

Distributions of Interest. With respect to each PC Pool, the Administrator, on behalf of the Trustee, shall withdraw from the Custodial Account and shall distribute to each related Holder its pro rata share of interest collections with respect to the Mortgages included in such PC Pool, at a rate equal to the PC Coupon. Interest shall accrue during the applicable Accrual Periods and be determined as provided in the applicable Pool Supplement. The Administrator may retain from any delinquent interest payment on any Mortgage, for reimbursement to the Guarantor, any amount not previously received with respect to such Mortgage but paid by the Guarantor to the related Holders under its guarantee. With respect to each PC Pool, a partial month’s interest retained by ▇▇▇▇▇▇▇ Mac or remitted to the related Holders with respect to prepayments shall constitute an adjustment to the fee payable to the Administrator and the Guarantor pursuant to Section 3.08(a) for such PC Pool.

Distributions of Interest. On each Distribution Date, the Securities Administrator shall withdraw from the Certificate Account (to the extent funds are available therein) the Interest Remittance Amount and apply such amounts in the following order of priority and to the extent of such funds: first, concurrently, as follows: (i) from the Interest Remittance Amount for Loan Group 1, to the Group 1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; and (ii) from the Interest Remittance Amount for Loan Group 2, concurrently, to the Group 2 Certificates, pro rata, the Accrued Certificate Interest thereon for such Distribution Date; second, concurrently, as follows: (i) from the remaining Interest Remittance Amount for Loan Group 1, to the Group 1 Certificates, the Interest Carryforward Amount thereon for such Distribution Date; and (ii) from the remaining Interest Remittance Amount for Loan Group 2, concurrently, to the Group 2 Certificates, pro rata, the Interest Carryforward Amount thereon for such Distribution Date; third, concurrently, as follows: (i) if the Interest Remittance Amount for Loan Group 1 is insufficient to pay the Accrued Certificate Interest for the Group 1 Certificates for such Distribution Date in priority first, clause (i), from the remaining Interest Remittance Amount for Loan Group 2, to the Group 1 Certificates, to cover such shortfall for such Distribution Date; and (ii) if the Interest Remittance Amount for Loan Group 2 is insufficient to pay the Accrued Certificate Interest for the Group 2 Certificates for such Distribution Date in priority first, clause (ii), concurrently from the remaining Interest Remittance Amount for Loan Group 1, to the Group 2 Certificates, pro rata, to cover such shortfall for such Distribution Date; fourth, concurrently, as follows: (i) if the remaining Interest Remittance Amount for Loan Group 1 is insufficient to pay the Interest Carryforward Amount for the Group 1 Certificates for such Distribution Date in priority second, clause (i), from the remaining Interest Remittance Amount for Loan Group 2, to the Group 1 Certificates, to cover such shortfall for such Distribution Date; and (ii) if the remaining Interest Remittance Amount for Loan Group 2 is insufficient to pay the Interest Carryforward Amount for the Group 2 Certificates for such Distribution Date in priority second, clause (ii), concurrently, from the remaining Interest Remittance Amount for Loan Group 1, to the Group 2 Certificates, pro rat...

Distributions of Interest. On each Distribution Date, the Securities Administrator shall withdraw from the Certificate Account (to the extent funds are available therein) the Interest Remittance Amount and apply such amounts in the following order of priority and to the extent of such funds: first, concurrently, to the Senior Certificates entitled to distributions of interest, pro rata, the Accrued Certificate Interest thereon for such Distribution Date; second, concurrently, to the Senior Certificates entitled to distributions of interest, pro rata, the Interest Carryforward Amount thereon for such Distribution Date; third, to the Class M-1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; fourth, to the Class M-2 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; fifth, to the Class M-3 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; sixth to the Class M-4 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; seventh, to the Class M-5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date; and eighth, the amount, if any, of the Interest Remittance Amount remaining after application with respect to the priorities set forth above will be applied as described below under Section 5.02(c) hereof.

Distributions of Interest. On each Distribution Date, the Certificate Administrator shall withdraw from the Certificate Account that portion of the Available Funds which represents the Interest Remittance Amount for that distribution date and apply such amount in the following order of priority (based solely upon information provided by the Servicer): (i) to the Expense Account, an amount equal to one-twelfth of the Annual Expense Escrow Amount with respect to the Mortgage Loans, plus any amount required to be paid to the Trustee, the Certificate Administrator or the Custodian pursuant to Section 6.02(a) resulting from insufficiencies in such Expense Account; (ii) concurrently, to the Holders of the Class A-1, Class A-2 and Class A-3 Certificates, the related Current Interest and any Interest Shortfall Carryforward Amount for each such Class; (iii) to the Holders of the Class M-1 Certificates, the related Current Interest and any Interest Shortfall Carryforward Amount for such Class; (iv) to the Holders of the Class M-2 Certificates, the related Current Interest and any Interest Shortfall Carryforward Amount for such Class; (v) to the Holders of the Class B-1 Certificates, the related Current Interest and any Interest Shortfall Carryforward Amount for such Class; (vi) to the Holders of the Class B-2 Certificates, the related Current Interest and any Interest Shortfall Carryforward Amount for such Class; and (vii) any remaining Interest Remittance Amount will be applied as described below under Section 6.04(d).