General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with the provisions of Section 3.05
Appears in 8 contracts
Samples: Indenture (Imc Home Equity Loan Owner Trust 1998-4), Indenture (Imc Home Equity Loan Owner Trust 1998-7), Indenture (Imc Home Equity Loan Owner Trust 1998-7)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with the provisions of Section 3.053.6
Appears in 5 contracts
Samples: Indenture (First Alliance Mortgage Loan Trust 1998-2), Indenture (First Alliance Mortgage Loan Trust 1998-2), Indenture (First Alliance Mortgage Co /De/)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Trust Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at Administrator pursuant to written instructions by the direction of the Seller Administrator in accordance with and subject to the provisions of Section 3.052.3(b)
Appears in 3 contracts
Samples: Indenture (SLC Student Loan Trust 2005-1), Indenture (SLC Student Loan Trust 2005-2), Indenture (SLC Student Loan Receivables I Inc)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Trust Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with upon Issuer Order, subject to the provisions of Section 3.052.
Appears in 2 contracts
Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Designated Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with upon Issuer Order, subject to the provisions of Section 3.055.01(b)
Appears in 2 contracts
Samples: Indenture (Capital Auto Receivables Inc), Indenture (Central Originating Lease Trust)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Trust Accounts shall be invested or reinvested in Eligible Investments pursuant to Section 5.01(b) of the Transfer and reinvested Servicing Agreement by the Indenture Trustee at the direction of the Seller in accordance with the provisions of Section 3.05Indenture
Appears in 1 contract
Samples: Indenture (Deutsche Recreational Asset Funding Corp)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Trust Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with the provisions of Section 3.05Trustee
Appears in 1 contract
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Trust Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with upon Issuer Order, subject to the provisions of Section 3.052.3B of the
Appears in 1 contract
Samples: Indenture (SLM Funding Corp)
General Provisions Regarding Accounts. (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Accounts shall be invested in Eligible Investments and reinvested by the Indenture Trustee at the direction of the Seller in accordance with the provisions of Section 3.053.05 of the Sale and
Appears in 1 contract
Samples: Indenture (Imc Home Equity Loan Owner Trust 1997-6)
