Certificate Contribution Account; Certificate Distribution Account. (a) The Co-Owner Trustee, for the benefit of the Certificateholder, shall establish and maintain the Certificate Contribution Account, in the name of the Trust for the benefit of the Certificateholder. The Certificate Contribution Account shall be a segregated trust account hereunder established by the Co-Owner Trustee and maintained at the Corporate Trust Office of the Co-Owner Trustee. The Co-Owner Trustee shall deposit in the Certificate Contribution Account all amounts received from the Depositor pursuant to Section 2.5.
Appears in 6 contracts
Samples: Trust Agreement (Education Capital I LLC), Trust Agreement (Education Capital I LLC), Trust Agreement (Education Funding Capital Trust I)
Certificate Contribution Account; Certificate Distribution Account. (a) The Co-Owner Trustee, for the benefit of the Certificateholder, shall establish and maintain the Certificate Contribution Account, in the name of the Trust Co-Owner Trustee for the benefit of the Certificateholder. The Certificate Contribution Account shall be a segregated trust account hereunder established by the Co-Owner Trustee and maintained at the Corporate Trust Office of the Co-Owner Trustee. The Co-Owner Trustee shall deposit in the Certificate Contribution Account all amounts received from the Depositor pursuant to Section 2.52.5 hereof.
Appears in 4 contracts
Samples: Trust Agreement (Student Loan Funding LLC), Trust Agreement (Student Loan Funding LLC), Trust Agreement (Student Loan Funding LLC)
