Common use of Permitted Withdrawals from the Certificate Account Clause in Contracts

Permitted Withdrawals from the Certificate Account. The Trustee may from time to time withdraw funds from the Certificate Account for the following purposes: (i) to make payments to Certificateholders in the amounts and in the manner provided in Section 3.04; (ii) to reimburse the Depositor for expenses incurred by and reimbursable to the Depositor with respect to the REMIC pursuant to Section 6.03; (iii) to pay any taxes imposed upon the REMIC, as provided in Section 3.01(b); and (iv) to clear and terminate the Certificate Account upon the termination of the Trust Fund.

Permitted Withdrawals from the Certificate Account. The Trustee may from time to time withdraw funds from the Certificate Account for the following purposes: (i) to make payments to Certificateholders distributions in the amounts and in the manner provided for in Section 3.043.05; (ii) to reimburse the Depositor for expenses incurred by and reimbursable pay to the Depositor with respect to Person entitled thereto any amount deposited in the REMIC pursuant to Section 6.03; (iii) to pay any taxes imposed upon the REMIC, as provided Certificate Account in Section 3.01(b)error; and (iviii) to clear and terminate the Certificate Account upon the termination of this Agreement. On each Distribution Date, the Trust FundTrustee shall withdraw all funds from the Certificate Account and shall use such funds withdrawn from the Certificate Account only for the purposes described in this Section 3.04 and in Section 3.05.