Common use of Class B Reserve Account Clause in Contracts

Class B Reserve Account. In order to effectuate the subordination provided for herein and to enhance the amounts available to make required payments to the Class B Noteholders, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Class B Reserve Account--Long Beach Acceptance Auto Receivables Trust 2002-A", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(i), Section 5.6(d)(i) and this Section 5.13.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp)

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Class B Reserve Account. In order to effectuate the subordination provided for herein and to enhance the amounts available to make required payments to the Class B Noteholders, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Class B Reserve Account--Long Beach Acceptance Auto Receivables Trust 20021999-A1", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(i), Section 5.6(d)(i) and this Section 5.13.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Holdings Corp)

Class B Reserve Account. In order to effectuate the subordination provided for herein and to enhance the amounts available to make required payments to the Class B Noteholders, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Class B Reserve Account--Long Beach Acceptance Auto Receivables Trust 20021999-A2", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(i), Section 5.6(d)(i) and this Section 5.135.15.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Holdings Corp)

Class B Reserve Account. In order to effectuate the subordination provided for herein and to enhance the amounts available to make required payments to the Class B Noteholders, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Class B Reserve Account--Long Beach Acceptance Auto Receivables Trust 20022003-A", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(i), Section 5.6(d)(i) and this Section 5.13.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp)

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Class B Reserve Account. In order to effectuate the subordination provided for herein and to enhance the amounts available to make required payments to the Class B Noteholders, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Class B Reserve Account--Long Beach Acceptance Auto Receivables Trust 20022000-A1", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(i), Section 5.6(d)(i) and this Section 5.135.15.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Holdings Corp)

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