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 Sections 7.03(b)(i)(A) and 7.03(b)(iii)(G) respectively), and the Seller shall promptly pay such expenses directly to the Persons to whom such amounts are due. 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 8 contracts
Samples: Pooling and Servicing Agreement (Chec Asset Receivables Corp), Pooling and Servicing Agreement (Centex Home Equity Ln Asset Bk Cert Ser 1999-3), Pooling and Servicing Agreement (Chec Asset Receivables Corp)
