Common use of Note Payment Account Clause in Contracts

Note Payment Account. The Paying Agent shall establish and maintain an Eligible Account entitled "Wachovia Bank, National Association, as Paying Agent, for the benefit of the Securityholders, the Indenture Trustee, the Certificate Paying Agent and the Enhancer, pursuant to the Indenture, dated as of _____ __, 200_, among Wachovia Asset Funding Trust, LLC [______] Trust, Wachovia Bank, National Association and [_________________]" (the "Note Payment Account"). On each Payment Date, amounts on deposit in the Note Payment Account shall be distributed by the Paying Agent in accordance with Section 3.05

Appears in 1 contract

Samples: Servicing Agreement (Wachovia Asset Funding Trust, LLC)

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Note Payment Account. The Paying Agent shall establish and maintain an Eligible Account entitled "Wachovia Bank, National Association, as Paying Agent, for the benefit of the Securityholders, the Indenture Trustee, the Certificate Paying Agent and the Enhancer, pursuant to the Indenture, dated as of _____ __, 200_, among Wachovia Asset Funding Mortgage Loan Trust, LLC [______] Trust, Wachovia Bank, National Association and [_________________]" (the "Note Payment Account"). On each Payment Date, amounts on deposit in the Note Payment Account shall be distributed by the Paying Agent in accordance with Section 3.05

Appears in 1 contract

Samples: Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)

Note Payment Account. The Paying Agent shall establish and maintain an Eligible Account entitled "Wachovia Bank, National Association, as Paying Agent, for the benefit of the Securityholders, the Indenture Trustee, the Certificate Paying Agent and the Enhancer, pursuant to the Indenture, dated as of _____ __, 200_, among Wachovia Asset Funding Mortgage Loan Trust, LLC [______] Trust, Wachovia Bank, National Association and [_________________]" (the "Note Payment Account"). On each Payment Date, amounts on deposit in the Note Payment Account shall be distributed by the Paying Agent in accordance with Section 3.05

Appears in 1 contract

Samples: Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)

Note Payment Account. The Paying Agent shall establish and maintain an Eligible Account entitled "Wachovia Bank, National Association, as Paying Agent, for the benefit of the Securityholders, the Indenture Trustee, the Certificate Paying Agent and the Enhancer, pursuant to the Indenture, dated as of [_____ __, 200_], among Wachovia Asset Funding TrustSecuritization Issuance, LLC [______] Trust, Wachovia Bank, National Association and [_________________]" ] (the "Note Payment Account"). On each Payment Date, amounts on deposit in the Note Payment Account shall be distributed by the Paying Agent in accordance with Section 3.05

Appears in 1 contract

Samples: Servicing Agreement (Wachovia Asset Securitization Inc)

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Note Payment Account. The Paying Agent shall establish and maintain an Eligible Account entitled "Wachovia Bank, National Association, as Paying Agent, for the benefit of the Securityholders, the Indenture Trustee, the Certificate Paying Agent and the Enhancer, pursuant to the Indenture, dated as of _____ __July 2, 200_2003, among Wachovia Asset Funding TrustSecuritization, LLC [______] Inc. 2003-HE2 Trust, Wachovia Bank, National Association and [_________________]" U.S. Bank National Association (the "Note Payment Account"). On each Payment Date, amounts on deposit in the Note Payment Account shall be distributed by the Paying Agent in accordance with Section 3.05

Appears in 1 contract

Samples: Servicing Agreement (Wachovia Asset Securitization Inc 2003-He2 Trust)

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