Common use of Distributions on REMIC Regular Interests Clause in Contracts

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC II as the holder of the REMIC I Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV Interests (other than REMIC IV Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC V, as the holder of REMIC IV Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (d) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V Regular Interest, the amounts set forth in the definition of REMIC V Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.10, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator Trustee shall be deemed to distribute, distribute to itself on behalf of REMIC II III as the holder of the REMIC I Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution Date, the Securities Administrator Trustee shall be deemed to distribute to the Trustee, itself on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount and REMIC III Distribution Amount not designated to Component II or Component III of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition definitions of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount. (c) On each Distribution Date, the Securities Administrator Trustee shall be deemed to distribute the REMIC IV Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV Interests (other than REMIC IV Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC V, as the holder of REMIC IV Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (d) On each Distribution Date, the Securities Administrator Trustee shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V Regular Interest, the amounts set forth in the definition of REMIC V Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.106.07, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 6.01.1 and 6.026.01.2.

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, distribute to the Trustee on behalf of REMIC II III as the holder of the REMIC I Regular Interests and REMIC II Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount and those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount.. 134 (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, Trustee on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV Interests (other than REMIC IV Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC V, as the holder of REMIC IV Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (d) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V Regular Interest, the amounts set forth in the definition of REMIC V Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.106.07, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.. 135

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distributedistribute to the Trustee, to on behalf of REMIC II IV as the holder of the REMIC I Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC IV V as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC VI as the holder of the REMIC III Regular Interests, REMIC IV Regular Interests and REMIC V Regulart Interests, those portions of the REMIC III Distribution Amount not designated to Component III of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount, those portions of the REMIC IV Distribution Amount not designated to Component IV of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount and those portions of the REMIC V Distribution Amount not designated to Component V of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇. (c▇) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV VI Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV VI Interests (other than REMIC IV VI Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC VVII, as the holder of REMIC IV VI Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV VI Distribution Amount. (de) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V VII Regular Interest, the amounts set forth in the definition of REMIC V VII Distribution Amount. (ef) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.106.07, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.. 170

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC IV as the holder of the REMIC II Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC V as the holder of the REMIC I Regular Interests, REMIC III Regular Interests, and REMIC IV Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution DateAmountthose, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount and those portions of the REMIC IV Distribution Amount not designated to Component IV of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV V Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV V Interests (other than REMIC IV V Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC VVI, as the holder of REMIC IV V Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV V Distribution Amount. (d) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V VI Regular Interest, the amounts set forth in the definition of REMIC V VI Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.10, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, distribute to the Trustee on behalf of REMIC II III as the holder of the REMIC I Regular Interests and REMIC II Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount and those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, Trustee on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV Interests (other than REMIC IV Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC V, as the holder of REMIC IV Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (d) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V Regular Interest, the amounts set forth in the definition of REMIC V Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.106.07, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.. 130

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC IV as the holder of the REMIC II Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC V as the holder of the REMIC I Regular Interests, REMIC III Regular Interests, and REMIC IV Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution DateAmountthose, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount and those portions of the REMIC IV Distribution Amount not designated to Component IV of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV V Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV V Interests (other than REMIC IV V Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC VVI, as the holder of REMIC IV V Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV V Distribution Amount. (d) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V VI Regular Interest, the amounts set forth in the definition of REMIC V VI Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.10, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.. ARTICLE VII

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, distribute to the Trustee on behalf of REMIC II III as the holder of the REMIC I Regular Interests and REMIC II Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount and those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, Trustee on behalf of REMIC IV as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and those portions of the REMIC III Distribution Amount not designated to Component III of the Class R CertificatesCertificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV Interests (other than REMIC IV Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC V, as the holder of REMIC IV Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount. (d) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V Regular Interest, the amounts set forth in the definition of REMIC V Distribution Amount. (e) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.10, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC II IV as the holder of the REMIC I Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC IV V as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the Trustee, on behalf of REMIC VI as the holder of the REMIC III Regular Interests, REMIC IV Regular Interests and REMIC V Regular Interests, those portions of the REMIC III Distribution Amount not designated to Component III of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III Distribution Amount, those portions of the REMIC IV Distribution Amount not designated to Component IV of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount and those portions of the REMIC V Distribution Amount not designated to Component V of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC V Distribution Amount. (cd) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV VI Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV VI Interests (other than REMIC IV VI Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC VVII, as the holder of REMIC IV VI Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV VI Distribution Amount. (de) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V VII Regular Interest, the amounts set forth in the definition of REMIC V VII Distribution Amount. (ef) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.10, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.

Distributions on REMIC Regular Interests. (a) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC II IV as the holder of the REMIC I Regular Interests, those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount. (b) On each Distribution Date, the Securities Administrator shall be deemed to distribute distribute, to the Trustee, on behalf of REMIC IV V as the holder of the REMIC II Regular Interests and the REMIC III Regular Interests, those portions of the REMIC II Distribution Amount not designated to Component II of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC II Distribution Amount and Amount. (c) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC III-B as the holder of the REMIC III-A Regular Interests, those portions of the REMIC III III-A Distribution Amount not designated to Component III III-A of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III III-A Distribution Amount. (cd) On each Distribution Date, the Securities Administrator shall be deemed to distribute, to REMIC VI as the holder of the REMIC III-B Regular Interests, REMIC IV Regular Interests and REMIC V Regular Interests, those portions of the REMIC III-B Distribution Amount not designated to Component III-B of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC III-B Distribution Amount, those portions of the REMIC IV Distribution Amount not designated to Component IV of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV Distribution Amount and those portions of the REMIC V Distribution Amount not designated to Component V of the Class R Certificates, in the amounts and in accordance with the priorities set forth in the definition of REMIC V Distribution Amount. (e) On each Distribution Date, the Securities Administrator shall be deemed to distribute the REMIC IV VI Distribution Amount to: (i) the holders of the Certificates (other than the Class B-IO Certificates), as the holders of the REMIC IV VI Interests (other than REMIC IV VI Regular Interests B-IO-I and B-IO-P) and (ii) itself on behalf of REMIC VVII, as the holder of REMIC IV VI Regular Interests B-IO-I and B-IO-P, in the amounts and in accordance with the priorities set forth in the definition of REMIC IV VI Distribution Amount. (df) On each Distribution Date, the Securities Administrator shall be deemed to distribute to the holder of the Class B-IO Certificates, as the holder of the REMIC V VII Regular Interest, the amounts set forth in the definition of REMIC V VII Distribution Amount. (eg) Notwithstanding the deemed distributions on the REMIC Regular Interests described in this Section 6.10, distributions of funds from the Distribution Account shall be made only in accordance with Sections 6.01 and 6.02.