Investment of Amounts. To the extent there are uninvested amounts in the Certificate Distribution Account prior to 3:00 p.m. New York City time on any Business Day, the Trustee shall invest such amounts in Eligible Investments of the type described in subsection (i) of the definition of Eligible Investments. All such investments shall be made in the name of the Trustee. The Depositor shall be entitled to any income on such investments and shall be liable for any losses thereon.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B), Pooling and Servicing Agreement (Bayview Financial Mortgage Pass-Through Trust 2005-C), Pooling and Servicing Agreement (Bayview Financial Sec Co LLC Mort Pas THR Certs Ser 2004 C)
Investment of Amounts. To the extent there are uninvested amounts in the Certificate Distribution Account prior to 3:00 p.m. New York City time on any Business Day, the Trustee shall invest such amounts in Eligible Investments of the type described in subsection (ie) of the definition of Eligible Investments. All such investments shall be made in the name of the Trustee. The Depositor shall be entitled to any income on such investments and shall be liable for any losses thereon.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bayview Financial Corp Mortgage Pass THR Certs Ser 2003-E), Pooling and Servicing Agreement (Bayview Financial Securities Co LLC)
Investment of Amounts. To the extent there are uninvested amounts in the Certificate Distribution Account prior to 3:00 p.m. New York City time on of any Business Day, the Trustee shall invest such amounts in Eligible Investments of the type described in subsection (ie) of the definition of Eligible Investments. All such investments shall be made in the name of the Trustee. The Depositor shall be entitled to any income on such investments and shall be liable for any losses thereon.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (HMB Acceptance Corp.)
