Common use of Pre-Funding Account and Capitalized Interest Account Clause in Contracts

Pre-Funding Account and Capitalized Interest Account. (a) On the Startup Day, the Trustee will deposit, on behalf of the Owners of the Class A Certificates and the Certificate Insurer, in the Pre-Funding Account the Original Pre-Funded Amount from the proceeds of the sale of the Class A Certificates and in the Capitalized Interest Account the Original Capitalized Interest Amount.

Appears in 1 contract

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

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Pre-Funding Account and Capitalized Interest Account. (a) On the Startup Day, the Trustee will deposit, on behalf of the Owners of the Class A Certificates and the Certificate Insurer, Insurer in the Pre-Funding Account the Original Pre-Funded Amount from the proceeds of the sale of the Class A Certificates and in the Capitalized Interest Account the Original Capitalized Interest AmountCertificates.

Appears in 1 contract

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

Pre-Funding Account and Capitalized Interest Account. (a) On the Startup Day, the Trustee will deposit, on behalf of the Owners of the Class A Certificates and the Certificate Insurer, (i) in the Pre-Funding Account the Original Group I Pre-Funded Amount from the proceeds of the sale of the Fixed Rate Certificates and (ii) the Original Group II Pre-Funded Amount from the proceeds of the sale of the Class A Certificates and in the Capitalized Interest Account the Original Capitalized Interest AmountA-8 Certificates.

Appears in 1 contract

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

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Pre-Funding Account and Capitalized Interest Account. (a) On the Startup Day, the Indenture Trustee will deposit, on behalf of the Owners of the Class A Certificates Notes and the Certificate Note Insurer, (i) in the Pre-Funding Account the Original Pre-Funded Amount from the proceeds of the sale of the Class A Certificates and in the Capitalized Interest Account the Original Capitalized Interest AmountNotes.

Appears in 1 contract

Samples: Indenture (Imc Securities Inc)

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