LR Certificate. Notwithstanding any provisions herein to the contrary, on each Distribution Date on and after FSA's failure to make a payment with respect to a Class A-3 Principal Loss Amount, distributions in reduction of the Principal Balance of the Class A-3 Certificates (including amounts paid in respect of such losses under the Policy) will be made on a pro rata basis among the Holders of the Class A-3 Certificates and will not be made in integral multiples of $1,000 or pursuant to requested distributions or mandatory distributions by random lot.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mortgage Pass Through Certificates Series 2000-7)
LR Certificate. Notwithstanding any provisions herein to the contrary, on each Distribution Date on and after FSA's failure to make a payment with respect to a Class A-3 A-6 Principal Loss Amount, distributions in reduction of the Principal Balance of the Class A-3 A-6 Certificates (including amounts paid in respect of such losses under the Policy) will be made on a pro rata basis among the Holders of the Class A-3 A-6 Certificates and will not be made in integral multiples of $1,000 or pursuant to requested distributions or mandatory distributions by random lot.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Wells Fargo Asset Mortgage Back Securities 2001-19 Trust)