Electronic Ledger. The electronic master record of home equity mortgage loans maintained by the Seller.
Electronic Ledger. The electronic master record of the retail installment sales contracts or installment loans of AFL.
Electronic Ledger. The electronic master record of the Company's manufactured housing installment sales contracts and installment loan agreements clearly identifying each Contract that is part of the corpus of the Trust Fund.
Electronic Ledger. The electronic master record of the Mortgage Loans maintained by the Master Servicer or any Servicer. Eligible Account: (i) An account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the short-term unsecured debt obligations of such holding company) are rated P-1 by Xxxxx'x, A-1+ by S&P and F-1+ by Fitch at the time any amounts are held on deposit therein, (ii) an account or accounts the deposits in which are fully insured by the FDIC (to the limits established by such corporation), the uninsured deposits in which account are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders will have a claim with respect to the funds in such account or a perfected first priority security interest against such collateral (which shall be limited to Eligible Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution with which such account is maintained, (iii) a trust account or accounts maintained with the trust department of a federal or state chartered depository institution or trust company acting in its fiduciary capacity or (iv) otherwise acceptable to each Rating Agency without reduction or withdrawal of their then current ratings of the Certificates as evidenced by a letter from each Rating Agency to the Trustee. Eligible Accounts may bear interest.
Electronic Ledger. The electronic master record of the retail installment sales contracts or installment loans of the Servicer.
Electronic Ledger. The electronic master record of home equity credit ----------------- line mortgage loans maintained by the Master Servicer or by the Sponsor, as appropriate.
Electronic Ledger. The electronic master record of Vanderbilt's manufactured housing installment sales contracts and installment loan agreements clearly identifying each Contract that is part of the corpus of the Trust Fund.
Electronic Ledger. The electronic master record of the Mortgage Loans maintained by the Master Servicer or any Servicer. Eligible Account: (i) An account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the short-term unsecured debt obligations of such holding company) are rated P-1 by Xxxxx'x, A-1+ by S&P and F-1+ by Fitch at the time any amounts are held on deposit therein, (ii) an account or accounts the deposits in which are fully insured by the FDIC (to the limits established by such corporation), the uninsured deposits in which account are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders and the Class A-F5 Insurer will have a claim with respect to the funds in such account or a perfected first priority security interest against such collateral (which shall be limited to Eligible Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution with which such account is maintained, (iii) a trust account or accounts maintained with the trust department of a federal or state chartered depository institution or trust company acting in its fiduciary capacity or (iv) otherwise acceptable to each Rating Agency without reduction or withdrawal of their then current ratings of the Certificates (which in the case of the Class A-F5 Certificates is determined without regard to the Class A-F5 Policy) as evidenced by a letter from each Rating Agency to the Trustee. Eligible Accounts may bear interest.
Electronic Ledger. The electronic master record of home equity revolving ----------------- credit line loan accounts (including the Mortgage Loans) maintained by the Servicer.
Electronic Ledger. The electronic master record of home equity loan ----------------- accounts maintained by the Master Servicer. Eligible Account: Either (i) an account (or accounts) that is maintained ---------------- with a depository institution or trust company organized under the laws of the United States of America or any one of the states thereof, the long term unsecured debt obligations of which are rated by each Rating Agency BBB- by S&P and A2 by Moody's and the short term unsecured debt obligations of which are rated not lower than A-1 by S&P and P-1 by Moody's (or such other categories as will not result in the rating of the Certificates being reduced below the rating on the Closing Date or the shadow rating assigned by the Rating Agencies and as to which the Rating Agencies and the Insurer may otherwise agree in writing), or (ii) to the extent approved by the Rating Agencies and the Insurer, an account or accounts the deposits in which are fully insured by the FDIC and such deposits are not in excess of the insured amount, or (iii) an account or accounts in a depository institution in which such accounts are partially insured by the FDIC (to the limits established by the FDIC), the uninsured deposits in which accounts are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to, and acceptable to, the Trustee, the Insurer and the Rating Agencies, the Trustee on behalf of the Certificateholders has a claim with respect to the funds in such account or a first priority perfected security interest against any collateral (which shall be limited to Eligible Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution or trust company with which such account is maintained and which would be enforceable notwithstanding a conservatorship or receivership of such depository institution or trust company, or (iv) a fully segregated trust account or -accounts maintained with the trust department of a federal or state chartered depository institution or trust company acting in its fiduciary capacity in each case, including the Trustee.
