Common use of Capitalized Interest Account Clause in Contracts

Capitalized Interest Account. (a) Pursuant to Section 4.01, the Servicer shall establish the Capitalized Interest Account in the name of the Indenture Trustee for the benefit of the Noteholders and the Insurer. (b) On the Closing Date, the Seller shall deposit the Initial Capitalized Interest Amount into the Capitalized Interest Account. (c) On the Business Day immediately preceding each Distribution Date, based solely on the Distribution Date Statement, the Indenture Trustee shall withdraw or cause to be withdrawn funds equal to the Capitalized Interest Amount with respect to such Distribution Date from amounts on deposit in the Capitalized Interest Account and deposit or cause to be deposited such funds into the Payment Account, to be distributed pursuant to Section 4.03. (d) On each Distribution Date during and immediately following the Funding Period, based on the written instructions of the Servicer, the Indenture Trustee shall release to the Seller from the Capitalized Interest Account an amount such that the balance remaining in the Capitalized Interest Account after such release and after any transfer of the Capitalized Interest Amount to the Payment Account pursuant to Section 4.06(c) will equal the Maximum Capitalized Interest Amount. On the Distribution Date following the Mandatory Partial Redemption Date, the Indenture Trustee shall release to the Seller any amounts remaining on deposit in the Capitalized Interest Account after giving effect to the required distribution to Noteholders on such date.

Capitalized Interest Account. (a) Pursuant to Section 4.01, the Servicer shall establish the Capitalized Interest Account in the name of the Indenture Trustee for the benefit of the Noteholders Securityholders and the Insurer. (b) On the Closing Date, the Seller shall deposit the Initial Capitalized Interest Amount into the Capitalized Interest Account. (c) On the Business Day immediately preceding each Distribution Date, based solely on the Distribution Date Statement, the Indenture Trustee Servicer shall withdraw or cause to be withdrawn funds equal to the Capitalized Interest Amount with respect to such Distribution Date from amounts on deposit in the Capitalized Interest Account and deposit or cause to be deposited such funds into the Payment Account, to be distributed pursuant to Section 4.03. (d) On each Distribution Date during and immediately following the Funding Period, based on the written instructions of the Servicer, the Indenture Trustee shall release to the Seller from the Capitalized Interest Account an amount such that the balance remaining in the Capitalized Interest Account after such release and after any transfer of the Capitalized Interest Amount to the Payment Account pursuant to Section 4.06(c) will equal the Maximum Capitalized Interest Amount. On the Distribution Date following the Mandatory Partial Redemption Date, the Indenture Trustee shall release to the Seller any amounts remaining on deposit in the Capitalized Interest Account after giving effect to the required distribution to Noteholders Securityholders on such date.

Capitalized Interest Account. (a) Pursuant There is established hereunder an Account in the Collection Fund designated the "Capitalized Interest Account." The Indenture Trustee shall deposit to Section 4.01, the Servicer shall establish the credit of Capitalized Interest Account in of the name Collection Fund the amount required by the Terms Supplement. To provide for the payment of interest on any Distribution Date or other date on which interest on the Notes is due, the Indenture Trustee for the benefit of the Noteholders and the Insurer. (b) On the Closing Date, the Seller shall deposit the Initial Capitalized Interest Amount into transfer from the Capitalized Interest Account. (c, after any transfer pursuant to Sections 4.02(ii) On and 4.02(iii) of the Terms Supplement but prior to any transfer pursuant to Section 5.2 hereof, on the Business Day immediately preceding each Distribution Date, based solely Date and any other date on which interest is due on the Notes, to the extent of moneys available in the Capitalized Interest Account, an amount up to but not exceeding the amount needed to increase the amount in the Note Payment Account of the Collection Fund to the amount of the related Noteholders' Interest Distribution Amount on such Distribution Date Statement, or other date on which interest on the Notes is due. The Indenture Trustee shall withdraw or cause continue to be withdrawn funds equal to make such transfers until the Capitalized Interest Amount with respect to such Distribution Date from amounts date on deposit which all moneys in the Capitalized Interest Account and deposit or cause to be deposited have been transferred from such funds into the Payment Account; provided, to be distributed pursuant to Section 4.03. (d) On each Distribution Date during and immediately following the Funding Periodthat, based on the written instructions of the ServicerJanuary 5, 2000, the Indenture Trustee shall release to transfer the Seller from balance of the Capitalized Interest Account an amount such that the balance remaining in the Capitalized Interest Account after such release and after any transfer of the Capitalized Interest Amount to the Payment Account pursuant to Section 4.06(c) will equal the Maximum Capitalized Interest Amount. On the Distribution Date following the Mandatory Partial Redemption Date, the Indenture Trustee shall release to the Seller any amounts remaining on deposit in the Capitalized Interest Account after giving effect to the required distribution to Noteholders on such dateAcquisition Fund.

Capitalized Interest Account. (a) Pursuant to Section 4.015.1(b), the Servicer shall establish the Capitalized Interest Account shall be an Eligible Account established and maintained by the Trust Collateral Agent in the name of the Indenture Trustee Trust for the benefit of the Noteholders and the Note Insurer. On the Closing Date, the Transferor will deposit in the Capitalized Interest Account an amount equal to $368,360.06 (such amount, the "Capitalized Interest Account Deposit"). (b) On each Payment Date occurring during the Closing Funding Period and on the Final Funding Period Payment Date, the Seller shall deposit the Initial Capitalized Interest Amount into the Capitalized Interest Account. (c) On the Business Day immediately preceding each Distribution Date, based solely on the Distribution Date Statement, the Indenture Trustee shall withdraw or cause to be withdrawn funds equal to the Capitalized Interest Amount with respect to such Distribution Date from amounts on deposit in the Capitalized Interest Account and shall be available for deposit or cause to be deposited such funds into the Payment Account, to be distributed Note Account pursuant to Section 4.03. (d5.6(a)(iii) for distribution as provided in Section 5.6(c). On each Distribution Payment Date occurring during and immediately following the Funding Period, based on the written instructions of the Servicer, the Indenture Trustee shall release to the Seller from the Capitalized Interest Account an amount such that the balance remaining in the Capitalized Interest Account after such release and after any transfer of the Capitalized Interest Amount to the Payment Account pursuant to Section 4.06(c) will equal the Maximum Capitalized Interest Amount. On the Distribution Date following the Mandatory Partial Redemption Date, the Indenture Trustee shall release to the Seller any amounts remaining on deposit in the Capitalized Interest Account in excess of the Capitalized Interest Requirement for such Payment Date shall be distributed to the Transferor. On the Final Funding Period Payment Date, any remaining amounts in the Capitalized Interest Account, after giving effect to the required transfer specified in Section 5.6(a)(iii) on such Payment Date, will be paid directly to the Transferor. Upon any distribution to the Transferor of amounts on deposit in the Capitalized Interest Account in accordance with the two preceding sentences, the Noteholders on and the Certificateholder will have no further rights in, or claims to, such dateamounts. (c) Amounts held in the Capitalized Interest Account shall be invested by the Trust Collateral Agent in Eligible Investments which shall mature no later than the Business Day immediately preceding the next Payment Date in accordance with written instructions from the Transferor and such investments shall not be sold or disposed of prior to their maturity.

Capitalized Interest Account. (a) Pursuant to Section 4.01, the Servicer shall establish The Trustee hereby establishes the Capitalized Interest Account in to be held (together with all property therein from time to time) by and maintained with the name of the Indenture Trustee for the benefit of the Noteholders Certificateholders. The Capitalized Interest Account shall at all times be an Eligible Account and initially shall be held as one or more segregated trust accounts in the InsurerTrustee's corporate trust department and shall be titled as follows: "_______________, as Trustee for the benefit of the registered Certificateholders of DVI Asset Funding Trust ______ -Capitalized Interest Account". The Trustee shall make or permit withdrawals from the Capitalized Interest Account only as provided in this Agreement. (b) On the Closing Date, the Seller Trustee shall deposit the Initial Capitalized Interest Amount into in the Capitalized Interest AccountAccount funds in an amount equal to $________ from the proceeds of the sale of the Notes. (c) On each Payment Date through and including the Business Day Payment Date immediately preceding each Distribution Date, based solely on following the Distribution Date Statementtermination of the Funding Period, the Indenture Trustee shall withdraw or cause to be withdrawn funds equal to the Capitalized Interest Amount with respect to such Distribution Date transfer from amounts on deposit in the Capitalized Interest Account and deposit or cause to be deposited the Collection Account the Capitalized Interest Requirement for such funds into the Payment Account, to be distributed pursuant to Section 4.03Date. (d) On each Distribution the Payment Date during and immediately following the termination of the Funding Period, based on the written instructions of the Servicer, the Indenture Trustee shall release to the Seller from the Capitalized Interest Account an amount such that the balance any amounts remaining in the Capitalized Interest Account after such release and after any transfer of the Capitalized Interest Amount shall be paid to the Company on such Payment Account pursuant to Section 4.06(c) will equal the Maximum Capitalized Interest Amount. On the Distribution Date following the Mandatory Partial Redemption Date, the Indenture Trustee shall release to the Seller any amounts remaining on deposit in and the Capitalized Interest Account after giving effect to the required distribution to Noteholders on such dateshall be closed.]

Capitalized Interest Account. (a) Pursuant There is established hereunder an Account in the Acquisition Fund designated the "Capitalized Interest Account." The Indenture Trustee shall deposit to Section 4.01, the Servicer shall establish the credit of Capitalized Interest Account in of the name Acquisition Fund the amount required by the Terms Supplement. To provide for the payment of interest on any Distribution Date or other date on which interest on the Notes is due, the Indenture Trustee for the benefit of the Noteholders and the Insurer. (b) On the Closing Date, the Seller shall deposit the Initial Capitalized Interest Amount into transfer from the Capitalized Interest Account. , after any transfer pursuant to Sections 4.02(ii) and (ciii) On of the Terms Supplement but prior to any transfer pursuant to Section 5.2 hereof, on the Business Day immediately preceding each Distribution Date, based solely Date and any other date on which interest is due on the Notes, to the extent of moneys available in the Capitalized Interest Account, an amount up to but not exceeding the amount needed to increase the amount in the Note Payment Account of the Collection Fund to the amount of the related Noteholders' Interest Distribution Amount on such Distribution Date Statement, or other date on which interest on the Notes is due. The Indenture Trustee shall withdraw or cause continue to be withdrawn funds equal to make such transfers until the Capitalized Interest Amount with respect to such Distribution Date from amounts date on deposit which all moneys in the Capitalized Interest Account and deposit have been transferred from such Account; provided, that, after ____________, 1999, the Trustee shall also transfer from time to time any portion or cause to be deposited such funds into the Payment Account, to be distributed pursuant to Section 4.03. (d) On each Distribution Date during and immediately following the Funding Period, based on the written instructions all of the Servicer, the Indenture Trustee shall release to the Seller from Balance of the Capitalized Interest Account an amount such that to the balance remaining in the Capitalized Interest Account after such release and after any transfer of the Capitalized Interest Amount to Acquisition Fund as directed by the Payment Account pursuant to Section 4.06(c) will equal the Maximum Capitalized Interest Amount. On the Distribution Date following the Mandatory Partial Redemption Date, the Indenture Trustee shall release to the Seller any amounts remaining on deposit in the Capitalized Interest Account after giving effect to the required distribution to Noteholders on such dateIssuer.