Distribution Accounts. (a) The Securities Administrator shall establish and maintain, a Distribution Account with respect to the Group I Loans and Group II Loans and a Distribution Account with respect to the Group III Loans as a segregated trust account or accounts. The Master Servicer shall deposit in the related Distribution Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts with respect to the related Loans for the benefit of the related Certificateholders:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Deutsche Mortgage Sec Inc Mort Loan Tr Ser 2004-1), Pooling and Servicing Agreement (Deutsche Mortgage Sec Inc Mort Loan Tr Ser 2004-1)
Distribution Accounts. (a) The Securities Administrator shall establish and maintain, for the benefit of the Certificateholders, a Distribution Account with respect to the Group I Loans and Group II Loans and a Distribution Account with respect to the Group III Loans II Loans, in each case as a segregated trust account or accounts. The Master Servicer shall deposit in the related Distribution Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts with respect to the related Loans for the benefit of the related CertificateholdersLoan Group:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Loan Trust Series 2004-3)
Distribution Accounts. (a) The Securities Administrator shall establish and maintain, for the benefit of the Certificateholders, a Distribution Account with respect to the Group I Loans and Loans, a Distribution Account with respect to the Group II Loans and a Distribution Account with respect to the Group III Loans III-VII Loans, in each case as a segregated trust account or accounts. The Master Servicer shall deposit in the related Distribution Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts with respect to the related Loans for the benefit of the related Certificateholders:Loan Group(s):
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Mortgage Securities Inc Mortgage Loan Trust 2004-4)