Common use of Funding Account Clause in Contracts

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank Minnesota, X.X., as Indenture Trustee for GMACM Home Equity Loan Trust 2002-HE3" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", as set forth in Section 3.20 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "“Funding Account, Wells Xxxxx Fargo Bank MinnesotaBank, X.X.N.A., as Indenture Trustee for GMACM Home Equity Loan Trust 20022005-HE3" HE1” (the "“Funding Account"”). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "“Reserve Sub-Account", ,” as set forth in Section 3.20 3.17 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank MinnesotaBank, X.X.N.A., as Indenture Trustee for GMACM Home GMXXX Xome Equity Loan Trust 20022005-HE3" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", ," as set forth in Section 3.20 3.17 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank MinnesotaBank, X.X.N.A., as xx Indenture Trustee for GMACM Home Equity Loan Trust 20022004-HE3HE4" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", ," as set forth in Section 3.20 3.17 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank MinnesotaBank, X.X.N.A., as xx Indenture Trustee for GMACM Home Equity Loan Trust 20022004-HE3" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", ," as set forth in Section 3.20 3.17 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank MinnesotaJPMorgan Chase Bank, X.X.National Association, as Indenture Trustee for GMACM Home Equity Loan Trust 20022006-HE3HE4" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", ," as set forth in Section 3.20 3.17 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank MinnesotaBank, X.X.N.A., as Indenture Trustee for GMACM Home Xxme Equity Loan Trust 20022004-HE3HE1" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", as set forth in Section 3.20 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or Subsequent Mortgage Loans on or prior to such Payment Date.

Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of itself one or more segregated trust accounts, which shall be Eligible Accounts, titled "Funding Account, Wells Fargo Bank Minnesota, X.X.N.A., as Indenture ax Xxxenture Trustee for GMACM Home Equity Loan Trust 20022003-HE3HE1" (the "Funding Account"). The Indenture Trustee shall establish within the Funding Account a sub-account, titled "Reserve Sub-Account", as set forth in Section 3.20 of this Agreement. On each Payment Date during the Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the Funding Account (but not the Reserve Sub-Account) the aggregate amount of Principal Collections remaining after the purchase of all Additional Balances and/or Subsequent Mortgage Loans on or prior to such Payment Date.