Common use of Establishment of Certificate Account Clause in Contracts

Establishment of Certificate Account. The Sponsor shall cause to be established, and the Trustee shall maintain, at the corporate trust office of the Trustee, a Certificate Account, a Pre-Funding Account, a Capitalized Interest Account, the Upper-Tier Group I Distribution Account and the Upper Tier Group II Distribution Account each of which is to be held by the Trustee in the name of the Trust for the benefit of the Owners of the Certificates and the Class A-8 and Class A-9 Certificate Insurer, as their interests may appear.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Conduit Services Inc)

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Establishment of Certificate Account. The Sponsor shall cause to be established, and the Trustee shall maintain, at the corporate trust office of the Trustee, a Certificate Account, a Pre-Funding Account, a Capitalized Interest Account, the Upper-Tier Group I Distribution Account and the Upper Tier Group II Distribution Account each of which is to be held by the Trustee in the name of the Trust for the benefit of the Owners of the Certificates and the Class A-8 and Class A-9 Certificate Insurer, as their interests may appear.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1997-3)

Establishment of Certificate Account. The Sponsor shall cause to be established, and the Trustee shall maintain, at the corporate trust office of the Trustee, a Certificate Account, a Pre-Funding Account, a Capitalized Interest Account, the Upper-Tier Group I Distribution Account and the Upper Tier Group II Distribution Account Account, each of which is to be held by the Trustee in the name of the Trust for the benefit of the Owners of the Certificates and the Class A-8 and Class A-9 Certificate Insurer, as their interests may appear.the

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1998-2)

Establishment of Certificate Account. The Sponsor shall cause to be established, and the Trustee shall maintain, at the corporate trust office of the Trustee, a Certificate Account, a Pre-Funding Account, a Capitalized Interest Account, the Upper-Tier Group I Distribution Account and the Upper Tier Group II Distribution Account each 77 91 of which is to be held by the Trustee in the name of the Trust for the benefit of the Owners of the Certificates and the Class A-8 and Class A-9 A-6 Certificate Insurer, as their interests may appear.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1997-2)

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Establishment of Certificate Account. The Sponsor shall cause to be established, and the Trustee shall maintain, at the corporate trust office of the Trustee, a Certificate Account, a Pre-Funding Account, a Capitalized Interest Account, the Upper-Tier Group I Distribution Account and the Upper Tier Group II Distribution Account each of which is to be held by the Trustee in the name of the Trust for the benefit of the Owners of the Certificates and the Class A-8 and Class A-9 Certificate Group I Insurer, as their interests may appear.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1998-1)

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