Common use of Deposits to the Payment Account Clause in Contracts

Deposits to the Payment Account. On each Servicer Payment Date, the Servicer shall cause to be deposited in the Payment Account, from funds on deposit in the Collection Account, (a) an amount equal to the Servicer Remittance Amount and (b) Net Foreclosure Profits, if any with respect to the related Payment Date, minus any portion thereof payable to the Servicer pursuant to Section 5.03. On each Servicer Payment Date, the Servicer shall also deposit into the Payment Account any Periodic Advances with respect to the related Payment Date calculated in accordance with Section 5.18 and any amounts required to be deposited in connection with a Subsequent Mortgage Loan pursuant to Section 2.14(b) of the Indenture; on the Servicer Payment Date occurring in April 2000, the Servicer also will deposit the related Special Advance pursuant to Section 5.18(b).

Deposits to the Payment Account. On each Servicer Payment Date, the Servicer shall cause to be deposited in the Payment Account, from funds on deposit in the Collection Account, (a) an amount equal to the Servicer Remittance Amount and (b) Net Foreclosure Profits, if any with respect to the related Payment Date, minus any portion thereof payable to the Servicer pursuant to Section 5.03. On each Servicer Payment Date, the Servicer shall also deposit into the Payment Account any Periodic Advances with respect to the related Payment Date calculated in accordance with Section 5.18 and any amounts required to be deposited in connection with a Subsequent Mortgage Loan pursuant to Section 2.14(b) of the Indenture; on the Servicer Payment Date occurring in April 2000October 1999, the Servicer also will deposit the related Special Advance pursuant to Section 5.18(b).

Deposits to the Payment Account. On each Servicer Payment Date, the Servicer shall cause to be deposited in the Payment Account, from funds on deposit in the Collection Account, (a) an amount equal to the Servicer Remittance Amount and (b) Net Foreclosure Profits, if any with respect to the related Payment Date, minus any portion thereof payable to the Servicer pursuant to Section 5.037.03. On each Servicer Payment Date, the Servicer shall also deposit into the Payment Account any Periodic Advances with respect to the related Payment Date calculated in accordance with Section 5.18 7.18 and any amounts required to be deposited in connection with a Subsequent Mortgage Loan pursuant to Section 2.14(b) of the Indenture; on the Servicer Payment Date occurring in April 2000, the Servicer also will deposit the related Special Advance pursuant to Section 5.18(b).

Deposits to the Payment Account. On each Servicer Payment Date, the Servicer shall cause to be deposited in the Payment Account, from funds on deposit in the Collection Account, (a) an amount equal to the Servicer Remittance Amount and (b) Net Foreclosure Profits, if any with respect to the related Payment Date, minus any portion thereof payable to the Servicer pursuant to Section 5.03. On each Servicer Payment Date, the Servicer shall also deposit into the Payment Account any Periodic Advances with respect to the related Payment Date calculated in accordance with Section 5.18 and any amounts required to be deposited in connection with a Subsequent Mortgage Loan pursuant to Section 2.14(b) of the Indenture; on the Servicer Payment Date occurring in April January 2000, the Servicer also will deposit the related Special Advance pursuant to Section 5.18(b).

Deposits to the Payment Account. On each Servicer Payment Date, the Servicer shall cause to be deposited in the Payment Account, from funds on deposit in the Collection Account, (a) an amount equal to the Servicer Remittance Amount and (b) Net Foreclosure Profits, if any with respect to the related Payment Date, minus any portion thereof payable to the Servicer pursuant to Section 5.03. On each Servicer Payment Date, the Servicer shall also deposit into the Payment Account any Periodic Advances with respect to the related Payment Date calculated in accordance with Section 5.18 and any amounts required to be deposited in connection with a Subsequent Mortgage Loan pursuant to Section 2.14(b) of the Indenture; on . On the Servicer Payment Date occurring in April July 2000, the Servicer also will deposit the related Special Advance pursuant to Section 5.18(b).