Permitted Withdrawals From the Trust Certificate Account. The Trustee may from time to time withdraw funds from the Trust Certificate Account for the following purposes: (i) to make distributions in the amounts and in the manner provided for in Section 3.05; (ii) to reimburse the Certificate Administrator, Company or the Trustee for expenses incurred by and reimbursable to the Certificate Administrator, Company or the Trustee pursuant to Section 3.01(c) or 7.03 or as otherwise permitted under this Agreement; and (iii) to clear and terminate the Trust Certificate Account upon the termination of this Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Residential Accredit Loans Inc), Trust Agreement (Residential Accredit Loans Inc), Trust Agreement (Residential Accredit Loans Inc)
Permitted Withdrawals From the Trust Certificate Account. The Trustee may from time to time withdraw funds from the Trust Certificate Account for the following purposes:
(i) to make distributions in the amounts and in the manner provided for in Section 3.053.04;
(ii) to reimburse the Certificate Administrator, Company or the Trustee for expenses incurred by and reimbursable to the Certificate Administrator, Company or the Trustee pursuant to Section 3.01(c9.01(c) or 7.03 or as otherwise permitted under this Agreement; and
(iii) to clear and terminate the Trust Certificate Account upon the termination of this Agreement.
Appears in 3 contracts
Samples: Trust Agreement (RALI Series 2005-Qr1 Trust), Trust Agreement (Stanwich Asset Acceptance CO LLC), Trust Agreement (RALI Series 2004-Qr1 Trust)
Permitted Withdrawals From the Trust Certificate Account. The Trustee may from time to time withdraw funds from the Trust Certificate Account for the following purposes:
(ia) to make distributions in the amounts and in the manner provided for in Section 3.05;
(ii) to reimburse the Certificate Administrator, Company or the Trustee for expenses incurred by and reimbursable to the Certificate Administrator, Company or the Trustee pursuant to Section 3.01(c) or 7.03 or as otherwise permitted under this Agreement; and
(iiib) to clear and terminate the Trust Certificate Account upon the termination of this Agreement.
Appears in 1 contract
Permitted Withdrawals From the Trust Certificate Account. The Trustee may from time to time withdraw funds from the Trust Certificate Account for the following purposes:
(i) to make distributions in the amounts and in the manner provided for in Section 3.05;
(ii) to reimburse the Certificate Administrator, Company or the Trustee for expenses incurred by and reimbursable to the Certificate Administrator, Company or the Trustee pursuant to Section 3.01(c) or 7.03 or as otherwise permitted under this Agreement;
(iii) to pay the Certificate Administrator its Certificate Administrator Fee; and
(iiiiv) to clear and terminate the Trust Certificate Account upon the termination of this Agreement.
Appears in 1 contract
Samples: Trust Agreement (Residential Asset Gmacm Mortgage Loan Trust 2004-Jr1)
Permitted Withdrawals From the Trust Certificate Account. The Trustee may from time to time withdraw funds from the Trust Certificate Account for the following purposes:
(i) to make distributions in the amounts and in the manner provided for in Section 3.053.04;
(ii) to reimburse the Certificate Administrator, Company Company, the Trustee or the Supplemental Interest Trust Trustee for expenses incurred by and reimbursable to the Certificate Administrator, Company Company, the Trustee or the Supplemental Interest Trust Trustee pursuant to Section 3.01(cSections 5.11(b), 9.01(c) or 7.03 or as otherwise permitted under this Agreement; and
(iii) to clear and terminate the Trust Certificate Account upon the termination of this Agreement.
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