Common use of Distributions of Principal Distribution Amount Clause in Contracts

Distributions of Principal Distribution Amount. On each Distribution Date, an amount up to the Principal Distribution Amount for that Distribution Date with respect to each Loan Group shall be allocated (with the Principal Remittance Amount being applied first and the Extra Principal Distribution Amount being applied thereafter) by the Trustee from the Distribution Account in the following priority: (i) For each Distribution Date prior to the Stepdown Date or on which a Trigger Event is in effect, in the following priority: first, concurrently,

Distributions of Principal Distribution Amount. On each Distribution Date, an amount up to the aggregate Principal Distribution Amount for that Distribution Date with respect to each Loan Group shall be allocated distributed (with the aggregate Principal Remittance Amount being applied first and the Extra Principal Distribution Amount being applied thereafter) by the Trustee from the Distribution Account in the following prioritypriority until the aggregate Principal Distribution Amount has been fully distributed: (i) For each Distribution Date prior to the Stepdown Date or on which a Trigger Event is in effect, in the following priority: first, : (1) concurrently,:

Distributions of Principal Distribution Amount. On each Distribution Date, an amount up to the aggregate Principal Distribution Amount for that Distribution Date with respect to each Loan Group shall be allocated distributed (with the aggregate Principal Remittance Amount being applied first and the Extra Principal Distribution Amount being applied thereafter) by the Trustee from the Distribution Account in the following prioritypriority until the aggregate Principal Distribution Amount has been fully distributed: (i) For each Distribution Date prior to the Stepdown Date or on which a Trigger Event is in effect, in the following priority: first, concurrently,