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Common use of Priorities of Distributions on the Certificates Clause in Contracts

Priorities of Distributions on the Certificates.

Appears in 4 contracts

Sources: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2007-a Trust), Pooling and Servicing Agreement (Banc of America Funding 2007-B Trust)

Related Clauses

  • Distributions on the Certificates
  • Priorities of Distributions
  • Priorities of Distribution
  • Restrictions on the Certificateholders’ Power
  • Final Distribution on the Certificates

Parent Clauses

  • Limitation Upon Liability of the Credit Risk Manager
  • Reports to the Commission
  • Resignation or Removal of Credit Risk Manager
  • Modifications, Waivers, Amendments and Consents
  • Distributions and Servicing Advances

Sub-Clauses

  • Application of Class P Prepayment Charges
  • Application of Subsequent Recoveries
  • Application of Applied Realized Loss Amounts
  • Distributions of Principal
  • Distribution of Monthly Excess Cashflow Amounts
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