Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee as the initial Paying Agent hereunder. The Indenture Trustee hereby accepts such appointment. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 3 contracts
Samples: Indenture (Morgan Stanley Abs Capital I Inc MSDWCC Heloc Trust 2003-1), Morgan Stanley ABS Capital I Inc. MSDWCC HELOC Trust 2005-1, Heloc Asset-Backed Notes Series 2003-2
Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer Issuing Entity by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account for payments of Notes shall be paid over to the Issuer Issuing Entity except as provided in this Section 3.03. The Issuer Issuing Entity hereby appoints the Indenture Trustee as the initial its Paying Agent hereunderAgent. The Indenture Trustee hereby accepts such appointment. The Issuer Issuing Entity will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 3 contracts
Samples: Master Agreement (GSC Capital Corp. Mortgage Trust 2006-1), Indenture (New Century Home Equity Loan Trust 2006-1), Indenture (New Century Home Equity Loan Trust 2006-2)
Money for Payments To Be Held in Trust; Paying Agent. (a) As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Account Note Distribution Accounts pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account Note Distribution Accounts for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby initially appoints the Indenture Trustee to serve as the initial Paying Agent hereunder. The and the Indenture Trustee hereby accepts such appointment. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 3 contracts
Samples: Default And (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Indenture (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2), Indenture (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3)
Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Note Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer Issuing Entity by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Note Payment Account for payments of Notes shall be paid over to the Issuer Issuing Entity except as provided in this Section 3.03. The Issuer Issuing Entity hereby appoints the Indenture Trustee as the initial its Paying Agent hereunderAgent. The Indenture Trustee hereby accepts such appointment. The Issuer Issuing Entity will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 2 contracts
Samples: Manufactured Housing Contract (Origen Residential Securities, Inc.), Servicing Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)
Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Note Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Note Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee as the initial its Paying Agent hereunder. The Indenture Trustee hereby accepts such appointmentAgent. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 2 contracts
Samples: Custodial Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200), Custodial Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200)
Money for Payments To Be Held in Trust; Paying Agent. As ---------------------------------------------------- provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Note Distribution Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the another Paying Agent, and no amounts so withdrawn from the Payment Note Distribution Account for payments of Notes or under Hedge Transactions shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee as the initial Paying Agent hereunder. The Indenture Trustee hereby accepts such appointment. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 1 contract
Samples: MCG Capital Corp
Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Note Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Paying Agent or by the Indenture Trustee or another paying agent appointed by the Indenture Trustee pursuant to Section 6.08 to act as Paying AgentAgent hereunder and under the Servicing Agreement, and no amounts so withdrawn from the Note Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee Paying Agent to act as the initial Paying Agent hereunder. The Indenture Trustee hereby accepts such appointmenthereunder and under the Servicing Agreement. The Issuer will cause each Paying Agent other than the initial Paying Agent or the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee or the initial Paying Agent acts as Paying Agent, it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 1 contract
Money for Payments To Be Held in Trust; Paying Agent. (a) As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer Issuing Entity by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account for payments of Notes shall be paid over to the Issuer Issuing Entity except as provided in this Section 3.03. The Issuer Issuing Entity hereby appoints the Indenture Trustee as the initial its Paying Agent hereunderAgent. The Indenture Trustee hereby accepts such appointment. The Issuer Issuing Entity will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 1 contract
Samples: Merrill Lynch Mortgage Investors Inc
Money for Payments To Be Held in Trust; Paying Agent. (a) As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints designates the Indenture Trustee as the initial Paying Agent hereunder. The Indenture Trustee hereby accepts such appointmentAgent, which initially shall be Norwest Bank Minnesota, National Association. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 1 contract
Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Note Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Paying Agent or by the Indenture Trustee or another paying agent appointed by the Indenture Trustee pursuant to Section 6.08 to act as Paying AgentAgent hereunder and under the Servicing Agreement, and no amounts so withdrawn from the Note Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee Wachovia Bank, National Association to act as the initial Paying Agent hereunderhereunder and under the Servicing Agreement. The Indenture Trustee Wachovia Bank, National Association hereby accepts such appointment. The Issuer will cause each Paying Agent other than the initial Paying Agent or the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee or the initial Paying Agent acts as Paying Agent, it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 1 contract
Samples: Wachovia Asset Sec Series 2004 - HE1
Money for Payments To Be Held in Trust; Paying Agent. (a) ---------------------------------------------------- As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes Bonds that are to be made from amounts withdrawn from the Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account for payments of Notes Bonds shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee as the initial its Paying Agent hereunder. The Indenture Trustee hereby accepts such appointmentAgent. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent will:
Appears in 1 contract
Money for Payments To Be Held in Trust; Paying Agent. As provided in Section 3.01, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Payment Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section 3.03. The Issuer hereby appoints the Indenture Trustee as the initial its Paying Agent hereunder. The Indenture Trustee hereby accepts such appointmentAgent. The Issuer will shall cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which such Paying Agent shall agree with the Indenture Trustee (and if the Indenture Trustee acts as Paying Agent, Agent it hereby so agrees), subject to the provisions of this Section 3.03, that such Paying Agent willshall:
Appears in 1 contract