Pre-Funding Account and Capitalized Interest Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Owners of the Notes and the Note Insurer in the Pre-Funding Account the Original Aggregate Pre-Funded Amount from the proceeds of the sale of the Notes and in the Capitalized Interest Account the Original Capitalized Interest Amount.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Amresco Residential Securities Corp), Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1998-4)
Pre-Funding Account and Capitalized Interest Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Owners of the Notes and the Note Insurer in the Pre-Funding Account the Original Aggregate Pre-Funded Amount from the proceeds of the sale of the Notes and in the Capitalized Interest Account the Original Capitalized Interest AmountNotes.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1997-6), Sale and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
Pre-Funding Account and Capitalized Interest Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Owners of the Notes and the Note Insurer in the Pre-Funding Account the Original Aggregate Pre-Funded Amount deposit from the proceeds of the sale of the Notes Class A Notes, on behalf of the Class A Noteholders and the Insurer, in the Pre-Funding Account, the Original Pre-Funded Amount and in the Capitalized Interest Account Account, the Original Capitalized Interest AmountAccount Deposit.
Appears in 2 contracts
Samples: Advanta Revolving Home Equity Loan Trust 1998-A, Advanta Mortgage Conduit Services Inc
Pre-Funding Account and Capitalized Interest Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Owners of the Notes and the Note Insurer in the Pre-Funding Account the Original Aggregate Pre-Funded Amount deposit from the proceeds of the sale of the Notes Notes, on behalf of the Noteholders and the Note Insurer, in the Pre-Funding Account, the Original Pre-Funded Amount and in the Capitalized Interest Account Account, the Original Capitalized Interest AmountAccount Deposit.
Appears in 2 contracts
Samples: Advanta Conduit Receivables Inc, Advanta Mortgage Conduit Services Inc
Pre-Funding Account and Capitalized Interest Account. (a) On the Closing DateDay, the Indenture Trustee will depositdeposit from the proceeds of the sale of the Class A Certificates, on behalf of the Owners of the Notes Class A Certificates and the Note Insurer Certificate Insurer, in the Pre-Funding Account Account, the Original Aggregate Pre-Funded Amount from the proceeds of the sale of the Notes and in the Capitalized Interest Account Account, the Original Capitalized Interest AmountAccount Deposit.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Advanta Revolving Home Equity Loan Trust 1996-A)
Pre-Funding Account and Capitalized Interest Account. (a) On the Closing Date, the Indenture Trustee Trustee, will deposit, on behalf of the Owners Holders of the Class A-2 Notes and the Note Insurer Insurer, in the Pre-Funding Account Account, the Original Aggregate Pre-Funded Amount from the proceeds and, on behalf of the sale of Noteholders and the Notes and Note Insurer, in the Capitalized Interest Account Account, the Original Capitalized Interest AmountDeposit.
Appears in 1 contract
Samples: Home Equity Securitization Corp
Pre-Funding Account and Capitalized Interest Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Owners of the Notes and the Note Insurer in the Pre-Funding Account the Original Aggregate Pre-Funded Amount deposit from the proceeds of the sale of the Notes Notes, on behalf of the Noteholders and in the Note Insurer, (x) to the Pre-Funding Account, the Original Pre-Funded Amount and (y) to the Capitalized Interest Account, the Capitalized Interest Account the Original Capitalized Interest AmountDeposit.
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