Allocation of Moneys following Termination Date. (a) Following the Termination Date, the Servicer shall cause the Trustee to the extent funds deposited hereunder (net of withdrawals required hereunder) are sufficient, to withdraw an amount equal to the Program Fee from the Offset Reserve Account on each Purchase Date and deposit it in the Equity Account.
Appears in 3 contracts
Samples: Sale and Subservicing Agreement (Coastal Physician Group Inc), Sale and Subservicing Agreement (Coastal Physician Group Inc), Sale and Subservicing Agreement (Coastal Physician Group Inc)
Allocation of Moneys following Termination Date. (a) Following the Termination Date, the Servicer shall cause the Trustee to the extent funds deposited hereunder (net of withdrawals required hereunder) are sufficient, to withdraw an amount equal to the Program Fee from the Offset Reserve Account on each Purchase Date and deposit it in the Equity Account. To the extent that such funds do not equal the Program Fee, the Seller shall deposit in the Equity Account the balance of the Program Fee within five Business Days following demand therefor.
Appears in 1 contract
Samples: Sale and Subservicing Agreement (Tender Loving Care Health Care Services Inc/ Ny)
