Common use of Payment of Trust Expenses Clause in Contracts

Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (including Trustee's fees and expenses not covered by Section 7.03(b)(i) and 7.03(d)(ix)), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1998-1), Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-5), Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-3)

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Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (including Trustee's fees and expenses not covered by Section 7.03(b)(i) and 7.03(d)(ix))2.05, and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due, from amounts distributed pursuant to clause (x) of Section 7.03(b). With respect to the Certificate Account the Trustee shall receive all income and other gains from investments as described in Section 7.05(c).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Chec Funding LLC), Pooling and Servicing Agreement (Centex Home Equity Loan Trust 2000-A)

Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i) and 7.03(d)(ix7.03(b)(iv)(F)), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-1), Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-2)

Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (other than payments of the Premium Amount) (including Trustee's fees and expenses not covered by Section 7.03(b)(i) and 7.03(d)(ix7.03(b)(iv)(D)), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1998-3), Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-7)

Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i) and 7.03(d)(ix7.03(b)(iv)(D)), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp)

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Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (including Trustee's fees and expenses not covered by Section 7.03(b)(i7.03(a)(iii) and 7.03(d)(ix)), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1998 5)

Payment of Trust Expenses. (a) The Trustee shall make demand on the Seller to pay and the Seller shall pay the amount of the expenses of the Trust referred to in Section 2.05 (other than payments of premiums to the Certificate Insurer) (including Trustee's fees and expenses not covered by Section 7.03(b)(i) and 7.03(d)(ix7.03(b)(iv)(E)), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1996-4)

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