Common use of Investment Earnings; Other Trust Accounts Clause in Contracts

Investment Earnings; Other Trust Accounts. (a) The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date.

Appears in 3 contracts

Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Student Loan Trust 2005-4), Administration Agreement (SLM Funding LLC)

AutoNDA by SimpleDocs

Investment Earnings; Other Trust Accounts. (a) The Administrator will instruct the Indenture Trustee Paying Agent to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date.

Appears in 1 contract

Samples: Administration Agreement (Wells Fargo Student Loans Receivables I LLC)

Investment Earnings; Other Trust Accounts. (a) The Administrator will instruct the Indenture Trustee Paying Agent to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date.

Appears in 1 contract

Samples: Administration Agreement (Wachovia Student Loan Trust 2005-1)

AutoNDA by SimpleDocs

Investment Earnings; Other Trust Accounts. (a) The Administrator will instruct the Indenture Trustee or the Paying Agent to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date.

Appears in 1 contract

Samples: Administration Agreement (Wachovia Education Loan Funding LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!