Common use of Establishment of Trust Accounts Clause in Contracts

Establishment of Trust Accounts. 52 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section 5.03. Application of Collections............................................... 56 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section 5.05. Distributions............................................................ 57 Section 5.06. Spread Account........................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLER

Appears in 3 contracts

Samples: Sale and Servicing Agreement (WFS Financial Auto Loans Inc), Sale and Servicing Agreement (WFS Financial Auto Loans Inc), Sale and Servicing Agreement (WFS Financial Auto Loans Inc)

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Establishment of Trust Accounts. 52 47 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ................................................. 49 Section 5.03. Application of Collections............................................... 56 ................................................ 49 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 .................. 50 Section 5.05. Distributions............................................................ 57 ............................................................. 50 Section 5.06. Spread Account........................................................... 59 ............................................................ 52 Section 5.07. Statements to Securityholders............................................ 59 ............................................. 53 ARTICLE SIX THE SELLER

Appears in 3 contracts

Samples: Sale and Servicing Agreement (WFS Receivables Corp 4), Sale and Servicing Agreement (WFS Receivables Corp 3), Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 Section 12 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section .................................................... 15 SECTION 5.03. Application of Collections............................................... 56 Section ..................................... 15 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section ....................................................... 16 SECTION 5.05. Distributions............................................................ 57 Section 5.06. Spread Account........................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLER.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp), Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Establishment of Trust Accounts. 52 Section 26 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ............................................... 28 SECTION 5.03. Application of Collections............................................... 56 Section ................................ 28 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section [Reserved]................................................ 29 SECTION 5.05. Distributions............................................................ 57 Section 5.06. Spread Account........................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLER.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Premier Auto Trust 1998-2), Sale and Servicing Agreement (Premier Auto Trust 1998-1)

Establishment of Trust Accounts. 52 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 .................... 55 Section 5.03. Application of Collections............................................... .............................................. 56 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. ................................................................ 56 Section 5.05. Distributions............................................................ ........................................................... 57 Section 5.06. Spread Account........................................................... .......................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ........................................... 60 ARTICLE SIX THE SELLER

Appears in 2 contracts

Samples: Sale and Servicing Agreement (WFS Financial 1997-a Owners Trust), Sale and Servicing Agreement (WFS Financial 1996-D Owner Trust)

Establishment of Trust Accounts. 52 Section 5.0232 SECTION 5.2. Collections; Realization Upon Policies; Net Deposits..................... 54 Section 5.03....................................................35 SECTION 5.3. Application of Collections............................................... 56 Section 5.04.....................................35 SECTION 5.4. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section 5.05Additional Deposits............................................36 SECTION 5.5. Distributions............................................................ 57 Section 5.06..................................................36 SECTION 5.6. Spread Reserve Account........................................................... 59 Section 5.07................................................38 SECTION 5.7. Advances.......................................................38 SECTION 5.8. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders...............38 SECTION 5.9. Net Deposits...................................................39 SECTION 5.10. Rule 144A Information..........................................40

Appears in 1 contract

Samples: Sale and Servicing Agreement (Oxford Resources Corp)

Establishment of Trust Accounts. 52 55 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ................................................................ 57 Section 5.03. Application of Collections............................................... 56 ............................................................... 58 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................................. 58 Section 5.05. Distributions............................................................ 57 ............................................................................ 59 Section 5.06. Spread Account........................................................... 59 ........................................................................... 61 Section 5.07. Pre-Funding Account...................................................................... 62 Section 5.08. Secondary Spread Account................................................................. 63 Section 5.09. Statements to Securityholders............................................ 59 ............................................................ 63 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial 2005-3 Owner Trust)

Establishment of Trust Accounts. 52 Section 19 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ................................................................................... 21 SECTION 5.03. Application of Collections............................................... 56 Section .................................................................... 21 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section Additional Deposits........................................................................... 21 SECTION 5.05. Distributions............................................................ 57 Section ................................................................................. 21 SECTION 5.06. Spread Reserve Account........................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLER............................................................................... 22

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Establishment of Trust Accounts. 52 Section 27 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section Collections ................................................. 30 SECTION 5.03. Application of Collections............................................... 56 Section Collections .................................. 30 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section Additional Deposits ......................................... 30 SECTION 5.05. Distributions............................................................ 57 Section Distributions ............................................... 30 SECTION 5.06. Spread Account........................................................... 59 Section Reserve Account ............................................. 31 SECTION 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders ................................................. 33 SECTION 5.08. Transfer of the Notes ....................................... 35 SECTION 5.09. Dealer Reserve Account ...................................... 35

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Establishment of Trust Accounts. 52 Section 28 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section Collections ................................................... 30 SECTION 5.03. Application of Collections............................................... 56 Section Collections .................................... 30 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section Additional Deposits ........................................... 31 SECTION 5.05. Distributions............................................................ 57 Section Distributions ................................................. 31 SECTION 5.06. Spread Account........................................................... 59 Section Reserve Account ............................................... 32 SECTION 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders .............. 34 SECTION 5.08. Transfer of the Notes ......................................... 35 SECTION 5.09. Dealer Reserve Account......................................... 35 SECTION 5.10. Backup Servicer Account........................................ 36 SECTION 6.01.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ................................. 52 Section 5.03. Application of Collections............................................... 56 ................................ 52 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 .. 53 Section 5.05. Distributions............................................................ 57 ............................................. 54 Section 5.06. Spread Account........................................................... 59 ............................................ 56 Section 5.07. Statements to Securityholders............................................ 59 ............................. 57 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial 2005-1 Owner Trust)

Establishment of Trust Accounts. 52 51 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 .................................... 53 Section 5.03. Application of Collections............................................... 56 ................................................................. 54 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................................... 54 Section 5.05. Distributions............................................................ 57 .............................................................................. 55 Section 5.06. Spread Account........................................................... 59 ............................................................................. 57 Section 5.07. Statements to Securityholders............................................ 59 .............................................................. 57 Section 5.08. Calculation of the Class A-3B Rate......................................................... 58 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 2)

Establishment of Trust Accounts. 52 Section 12 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section .............................................. 16 SECTION 5.03. Application of Collections............................................... 56 Section ............................... 17 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section ................................................. 17 SECTION 5.05. Distributions............................................................ 57 Section Additional Deposits...................................... 18 SECTION 5.06. Spread Distributions............................................ 18 SECTION 5.07. Reserve Account........................................................... 59 Section 5.07.......................................... 19 SECTION 5.08. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERNoteholders................................ 20

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Establishment of Trust Accounts. 52 51 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ....................... 53 Section 5.03. Application of Collections............................................... 56 ................................................. 55 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................... 55 Section 5.05. Distributions............................................................ 57 .............................................................. 56 Section 5.06. Spread Account........................................................... 59 ............................................................. 57 Section 5.07. Statements to Securityholders............................................ 59 .............................................. 58 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial Auto Loans Inc)

Establishment of Trust Accounts. 52 55 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ............................................................... 57 Section 5.03. Application of Collections............................................... 56 .............................................................. 58 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................................ 58 Section 5.05. Distributions............................................................ 57 ........................................................................... 59 Section 5.06. Spread Account........................................................... 59 .......................................................................... 61 Section 5.07. Pre-Funding Account..................................................................... 61 Section 5.08. Statements to Securityholders............................................ 59 ........................................................... 62 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ................................................. 52 Section 5.03. Application of Collections............................................... 56 ................................................ 52 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 .................. 53 Section 5.05. Distributions............................................................ 57 ............................................................. 54 Section 5.06. Spread Account........................................................... 59 ............................................................ 56 Section 5.07. Statements to Securityholders............................................ 59 ............................................. 56 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 48 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 .............................................. 50 Section 5.03. Application of Collections............................................... 56 ............................................. 50 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ............... 51 Section 5.05. Distributions............................................................ 57 .......................................................... 51 Section 5.06. Spread Account........................................................... 59 ......................................................... 54 Section 5.07. Statements to Securityholders............................................ 59 .......................................... 54 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 Section 5.0234 SECTION 5.2. Collections; Realization Upon Policies; Net Deposits..................... 54 Section 5.03.................................................36 SECTION 5.3. Application of Collections............................................... 56 Section 5.04..................................37 SECTION 5.4. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section 5.05Additional Deposits.........................................37 SECTION 5.5. Distributions............................................................ 57 Section 5.06...............................................37 SECTION 5.6. Spread Reserve Account........................................................... 59 Section 5.07.............................................39 SECTION 5.7. Advances....................................................39 SECTION 5.8. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders............40 SECTION 5.9. Net Deposits................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Barnett Auto Receivables Corp)

Establishment of Trust Accounts. 52 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 .................... 55 Section 5.03. Application of Collections............................................... ................................................. 56 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................... 57 Section 5.05. Distributions............................................................ 57 .............................................................. 58 Section 5.06. Spread Account........................................................... ............................................................. 59 Section 5.07. Statements to Securityholders............................................ .............................................. 59 Section 5.08. Calculation of the Class A-3 Rate.......................................... 60 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp)

Establishment of Trust Accounts. 52 Section 5.0233 SECTION 5.2. Collections; Realization Upon Policies; Net Deposits..................... 54 Section 5.03................................................36 SECTION 5.3. Application of Collections............................................... 56 Section 5.04.................................36 SECTION 5.4. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section 5.05Additional Deposits........................................37 SECTION 5.5. Distributions............................................................ 57 Section 5.06..............................................37 SECTION 5.6. Spread Reserve Account........................................................... 59 Section 5.07............................................39 SECTION 5.7. Advance....................................................39 SECTION 5.8. Statements to Securityholders............................................ 59 Certificateholders and Noteholders...........39 SECTION 5.9. Net Deposits...............................................41 ARTICLE SIX THE SELLERVI The Depositor

Appears in 1 contract

Samples: Sale and Servicing Agreement (Mellon Auto Receivables Corp)

Establishment of Trust Accounts. 52 Section 5.0231 SECTION 4.2. Collections; Realization Upon Policies; Net Deposits..................... 54 Section 5.03Intentionally Omitted.....................................32 SECTION 4.3. Application of Collections............................................... 56 Section 5.04................................32 SECTION 4.4. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section 5.05Additional Deposits.......................................33 SECTION 4.5. Distributions............................................................ 57 Section 5.06.............................................33 SECTION 4.6. Spread Reserve Account........................................................... 59 Section 5.07...........................................34 SECTION 4.7. Intentionally Omitted.....................................34 SECTION 4.8 Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders..........34 SECTION 4.9. Net Deposits..............................................35

Appears in 1 contract

Samples: Master Servicing Agreement (Structured Asset Mortgage Investments Inc)

Establishment of Trust Accounts. 52 Section 13 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ................................................16 SECTION 5.03. Application of Collections............................................... 56 Section .................................17 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section ...................................................17 SECTION 5.05. Distributions............................................................ 57 Section Additional Deposits........................................18 SECTION 5.06. Spread Distributions..............................................18 SECTION 5.07. Reserve Account........................................................... 59 Section 5.07............................................19 SECTION 5.08. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERNoteholders..................................20

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Establishment of Trust Accounts. 52 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 .................... 51 Section 5.03. Application of Collections............................................... 56 ................................................. 52 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................... 53 Section 5.05. Distributions............................................................ 57 .............................................................. 53 Section 5.06. Spread Account........................................................... 59 ............................................................. 55 Section 5.07. Statements to Securityholders............................................ 59 .............................................. 55 ARTICLE SIX THE SELLERSELLERS

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp)

Establishment of Trust Accounts. 52 48 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Deposits ........................................... 50 Section 5.03. Application of Collections............................................... 56 Collections .......................................... 51 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Amounts ............ 51 Section 5.05. Distributions............................................................ 57 Distributions ....................................................... 52 Section 5.06. Spread Account........................................................... 59 Account ...................................................... 54 Section 5.07. Statements to Securityholders............................................ 59 Securityholders ....................................... 54 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ......................................................... 52 Section 5.03. Application of Collections............................................... 56 ........................................................ 52 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 .......................... 53 Section 5.05. Distributions............................................................ 57 ..................................................................... 54 Section 5.06. Spread Account........................................................... 59 .................................................................... 56 Section 5.07. Statements to Securityholders............................................ 59 ..................................................... 56 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 4)

Establishment of Trust Accounts. 52 Section 27 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ........................................... 30 SECTION 5.03. Application of Collections............................................... 56 Section ............................ 30 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section Additional Deposits................................... 30 SECTION 5.05. Distributions............................................................ 57 Section ......................................... 30 SECTION 5.06. Spread Reserve Account........................................................... 59 Section ....................................... 31 SECTION 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders........................................... 33 SECTION 5.08. Transfer of the Notes................................. 35 SECTION 5.09. Dealer Reserve Account................................ 35

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Establishment of Trust Accounts. 52 51 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 .................... 53 Section 5.03. Application of Collections............................................... 56 ................................................. 55 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................... 55 Section 5.05. Distributions............................................................ 57 .............................................................. 56 Section 5.06. Spread Account........................................................... 59 ............................................................. 57 Section 5.07. Statements to Securityholders............................................ 59 .............................................. 58 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 .................... 52 Section 5.03. Application of Collections............................................... 56 ................................................. 53 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................... 54 Section 5.05. Distributions............................................................ 57 .............................................................. 54 Section 5.06. Spread Account........................................................... 59 ............................................................. 56 Section 5.07. Statements to Securityholders............................................ 59 .............................................. 56 ARTICLE SIX THE SELLERSELLERS

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 2)

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Establishment of Trust Accounts. 52 Section 33 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section .......................................... 35 SECTION 5.03. Application of Collections............................................... 56 Section ........................... 35 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section ............................................. 36 SECTION 5.05. Distributions............................................................ 57 Section Additional Deposits.................................. 36 SECTION 5.06. Spread Distributions........................................ 37 SECTION 5.07. Reserve Account........................................................... 59 Section 5.07...................................... 38 SECTION 5.08. [Reserved]........................................... 40 SECTION 5.09. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders..... 40 SECTION 5.10. Net Deposits......................................... 41 SECTION 5.11. Transfer of the Class A-1 Notes...................... 41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1996-4)

Establishment of Trust Accounts. 52 Section 28 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ............................................. 30 SECTION 5.03. Application of Collections............................................... 56 Section .............................. 30 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section [Reserved].............................................. 30 SECTION 5.05. Distributions............................................................ 57 Section Additional Deposits..................................... 31 SECTION 5.06. Spread Distributions........................................... 31 SECTION 5.07. Reserve Account........................................................... 59 Section 5.07......................................... 32 SECTION 5.08. [Reserved].............................................. 33 SECTION 5.09. Statements to SecurityholdersNoteholders and Certificateholders........ 33 SECTION 5.10. Net Deposits............................................ 59 ARTICLE SIX THE SELLER34 SECTION 5.11. Transfer of Certificates................................ 34

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1997 1)

Establishment of Trust Accounts. 52 49 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 .................................................................... 51 Section 5.03. Application of Collections............................................... 56 ................................................................... 51 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ..................................... 52 Section 5.05. Distributions............................................................ 57 ................................................................................ 52 Section 5.06. Spread Account........................................................... 59 ............................................................................... 55 Section 5.07. Statements to Securityholders............................................ 59 ................................................................ 55 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 47 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ..................................................... 49 Section 5.03. Application of Collections............................................... 56 .................................................... 50 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ...................... 50 Section 5.05. Distributions............................................................ 57 ................................................................. 51 Section 5.06. Spread Account........................................................... 59 ................................................................ 53 Section 5.07. Statements to Securityholders............................................ 59 ................................................. 53 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial 2004-4 Owner Trust)

Establishment of Trust Accounts. 52 25 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 .................................................27 Section 5.03. Application of Collections............................................... 56 ..................................27 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Application of Payaheads....................................28 Section 5.05. Distributions............................................................ 57 Advances....................................................28 Section 5.06. Spread Account........................................................... 59 Additional Deposits.........................................29 Section 5.07. Distributions...............................................29 Section 5.08. Reserve Account.............................................30 Section 5.09. Statements to Securityholders............................................ 59 Certificateholders and Noteholders............32 Section 5.10. Net Deposits................................................33 ARTICLE SIX THE SELLERVI. The Depositor

Appears in 1 contract

Samples: Sale and Servicing Agreement (Citigroup Vehicle Securities Inc)

Establishment of Trust Accounts. 52 53 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ........................................................ 55 Section 5.03. Application of Collections............................................... ....................................................... 56 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. ......................... 56 Section 5.05. Distributions............................................................ .................................................................... 57 Section 5.06. Spread Account........................................................... ................................................................... 59 Section 5.07. Pre-Funding Account.............................................................. 59 Section 5.08. Statements to Securityholders............................................ 59 .................................................... 60 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial 2005-2 Owner Trust)

Establishment of Trust Accounts. 52 Section 15 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ............................................. 19 SECTION 5.03. Application of Collections............................................... 56 Section .............................. 20 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section ................................................ 20 SECTION 5.05. Distributions............................................................ 57 Section 5.06. Spread Account........................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLER.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Establishment of Trust Accounts. 52 51 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 ......... 53 Section 5.03. Application of Collections............................................... 56 ...................................... 54 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ........ 54 Section 5.05. Distributions............................................................ 57 ................................................... 55 Section 5.06. Spread Account........................................................... 59 .................................................. 56 Section 5.07. Statements to Securityholders............................................ 59 ................................... 57 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp)

Establishment of Trust Accounts. 52 Section 23 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ........................................................ 24 SECTION 5.03. Application of Collections............................................... 56 Section ......................................... 24 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section ........................................................... 24 SECTION 5.05. Distributions............................................................ 57 Section Additional Deposits................................................ 25 SECTION 5.06. Spread Distributions...................................................... 25 SECTION 5.07. Reserve Account........................................................... 59 Section 5.07.................................................... 27 SECTION 5.08. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders................................... 30 SECTION 5.09. Tax Returns........................................................ 32 SECTION 5.10. Net Deposits....................................................... 32

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Establishment of Trust Accounts. 52 Section 5.02. Collections; Realization Upon PoliciesNote Policy; Net Deposits..................... 54 ................................ 55 Section 5.03. Application of Collections............................................... ............................................................. 56 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ............................... 57 Section 5.05. Distributions............................................................ 57 .......................................................................... 58 Section 5.06. Spread Account........................................................... ......................................................................... 59 Section 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLER........................................................

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp)

Establishment of Trust Accounts. 52 Section 5.0231 SECTION 4.2. Collections; Realization Upon Policies; Net Deposits..................... 54 Section 5.03Intentionally Omitted...........................32 SECTION 4.3. Application of Collections............................................... 56 Section 5.04......................32 SECTION 4.4. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section 5.05Additional Deposits.............................33 SECTION 4.5. Distributions............................................................ 57 Section 5.06...................................33 SECTION 4.6. Spread Reserve Account........................................................... 59 Section 5.07.................................34 SECTION 4.7. Intentionally Omitted...........................34 SECTION 4.8 Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders...............................34 SECTION 4.9. Net Deposits....................................35

Appears in 1 contract

Samples: Master Servicing Agreement (Structured Asset Mortgage Investments Inc)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ....................................... 52 Section 5.03. Application of Collections............................................... 56 ........................... 54 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ................................. 54 Section 5.05. Distributions............................................................ 57 ........................................ 55 Section 5.06. Spread Account........................................................... 59 ....................................... 56 Section 5.07. Statements to Securityholders............................................ 59 ........................ 57 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial Auto Loans Inc)

Establishment of Trust Accounts. 52 Section 19 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ......................................................................21 SECTION 5.03. Application of Collections............................................... 56 Section .......................................................22 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section Additional Deposits..............................................................22 SECTION 5.05. Distributions............................................................ 57 Section ....................................................................23 SECTION 5.06. Spread Reserve Account........................................................... 59 Section ..................................................................24 SECTION 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders.................................27 SECTION 5.08. Pre-Funding Account..............................................................28 SECTION 5.09. Seller Optional Deposit..........................................................31

Appears in 1 contract

Samples: Sale and Servicing Agreement (Key Bank Usa National Association)

Establishment of Trust Accounts. 52 Section V-1 SECTION 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 Section ...................................................V-3 SECTION 5.03. Application of Collections............................................... 56 Section ....................................V-3 SECTION 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 Section Additional Deposits...........................................V-4 SECTION 5.05. Distributions............................................................ 57 Section .................................................V-4 SECTION 5.06. Spread Reserve Account........................................................... 59 Section ...............................................V-5 SECTION 5.07. Statements to Securityholders............................................ 59 ARTICLE SIX THE SELLERCertificateholders and Noteholders..............V-7 SECTION 5.08. Transfer of the Notes.........................................V-8 SECTION 5.09. Dealer Reserve Account........................................V-8 SECTION 5.10. Backup Servicer Account.......................................V-9 SECTION 6.01.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 .............................................. 52 Section 5.03. Application of Collections............................................... 56 ............................................. 52 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ............... 53 Section 5.05. Distributions............................................................ 57 .......................................................... 54 Section 5.06. Spread Account........................................................... 59 ......................................................... 56 Section 5.07. Statements to Securityholders............................................ 59 .......................................... 56 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

Establishment of Trust Accounts. 52 50 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 ...... 52 Section 5.03. Application of Collections............................................... 56 ................................ 54 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ...................................... 54 Section 5.05. Distributions............................................................ 57 ............................................. 55 Section 5.06. Spread Account........................................................... 59 ............................................ 56 Section 5.07. Statements to Securityholders............................................ 59 ............................. 57 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Financial Auto Loans Inc)

Establishment of Trust Accounts. 52 49 Section 5.02. Collections; Realization Upon Policies; Net Deposits..................... 54 .................................................................... 51 Section 5.03. Application of Collections............................................... 56 ................................................................... 51 Section 5.04. Advances and Nonrecoverable Advances; Repurchase Amounts................. 56 ..................................... 52 Section 5.05. Distributions............................................................ 57 ................................................................................ 53 Section 5.06. Spread Account........................................................... 59 ............................................................................... 54 Section 5.07. Statements to Securityholders............................................ 59 ................................................................ 55 ARTICLE SIX THE SELLER

Appears in 1 contract

Samples: Sale and Servicing Agreement (WFS Receivables Corp 3)

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