Common use of REMIC II Distribution Amount Clause in Contracts

REMIC II Distribution Amount. (I) For any Distribution Date prior to the Credit Support Depletion Date, the REMIC II Available Distribution Amount for such Distribution Date shall be distributed to the REMIC II Regular Interests and the Class R-2 Residual Interest in the following amounts and priority, to the extent of the REMIC II Available Distribution Amount for such Distribution Date:

Appears in 2 contracts

Sources: Pooling and Servicing Agreement, Pooling and Servicing Agreement