Common use of Pre-Funding Accounts Clause in Contracts

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R4” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R4” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-W2), Distribution Instructions (Asset-Backed Pass-Through Certificates, Series 2005-R4), Pooling and Servicing Agreement (Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-W2)

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Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2005-FFH3, Asset-Backed Pass-Through Certificates, Series 2005-R4FFH3” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2005-FFH3, Asset-Backed Pass-Through Certificates, Series 2005-R4FFH3” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2005-Ffh3), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2005-Ffh3)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W8" (the "Group I Pre-Pre- Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W8" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset Backed Pass THR Cert Ser 2003-W8)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2006-R4B” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2006-R4B” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein. The Trustee shall account for the Pre-Funding Accounts as outside reserve funds within the meaning of Treasury Regulation Section 1.860G-2(h) and not as assets of any REMIC created pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-B)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052004-R4” R10" (the "Group I Pre-Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R4” 2004- R10" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders and the Certificate Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc. Asset-Backed Pass-Through Certificates Series 2004-R10)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052004-R4” R11" (the "Group I Pre-Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R4” 2004- 129 R11" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders and the Certificate Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2006-R4D” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2006-R4D” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein. The Trustee shall account for the Pre-Funding Accounts as outside reserve funds within the meaning of Treasury Regulation Section 1.860G-2(h) and not as assets of any REMIC created pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac MBS Home Equity Mortgage Loan Asset Backed Trust, Series INABS 2006-D)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyXxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FFH2, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FFH2" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyXxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FFH2, Asset-Backed Pass-Through Certificates, Series 2005-R4” 2004- FFH2" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2004-Ffh2)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two three segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 8" (the "Group I Pre-Funding Account”) and "); (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset- Backed Pass-Through Certificates, Series 2003-8" (the "Group II Pre-Funding Account") and (iii) "Group III Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 8" (the "Group II III Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount Amount, the Original Group II Pre-Funding Account or the Original Group II III Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Back Pas THR Certs Ser 03 8)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2007-R4B” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2007-R4B” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein. The Trustee shall account for the Pre-Funding Accounts as outside reserve funds within the meaning of Treasury Regulation Section 1.860G-2(h) and not as assets of any REMIC created pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series Inabs 2007-B)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two three segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052002-R4” 4" (the "Group I Pre-Funding Account"), "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset- Backed Pass-Through Certificates, Series 2002-4" (the "Group II Pre-Funding Account") and (ii) “"Group II III Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052002-R4” 4" (the "Group II III Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or Amount, the Original Group III Pre-Funding Account and the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc as Bk Ps THR CRTS Se 02-4)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company[Trustee], as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005-R4INABS 20__-[ ]” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company[Trustee], as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005-R4INABS 20__-[ ]” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein. The Trustee shall account for the Pre-Funding Accounts as outside reserve funds within the meaning of Treasury Regulation Section 1.860G-2(h) and not as assets of any REMIC created pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Abs Inc)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W9" (the "Group I Pre-Pre- Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W9" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset Backed Pass Thru Cer Ser 2003-W9)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyXxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FFH3, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FFH3" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyXxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FFH3, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FFH3" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Financial Asset Securities Corp First Franklin Mortgage Loan Trust 2004-Ffh3)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W1" (the "Group I Pre-Pre- Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W1" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Argent Sec Inc Asset Backed Pas THR Cer Ser 2003-Wi)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W7" (the "Group I Pre-Pre- Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” W7" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset-Backed Pass-Through Certificates Series 2003-W7)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest GreenPoint Mortgage Securities Inc.Funding Trust 2005-HY1, Asset-Backed Pass-Through Certificates, Series 2005-R4HY1” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest GreenPoint Mortgage Securities Inc.Funding Trust 2005-HY1, Asset-Backed Pass-Through Certificates, Series 2005-R4HY1” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenpoint Mortgage Funding Trust 2005-Hy1)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2007-R4A” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2007-R4A” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein. The Trustee shall account for the Pre-Funding Accounts as outside reserve funds within the meaning of Treasury Regulation Section 1.860G-2(h) and not as assets of any REMIC created pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset Backed Trust, Series INABS 2007-A)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series INABS 2005-R4” B" (the “Group "GROUP I PrePRE-Funding Account”FUNDING ACCOUNT") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series INABS 2005-R4” B" (the “Group "GROUP II PrePRE-Funding Account”FUNDING ACCOUNT"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Home Equity Mortgage Loan Asset-Backed Trust, Series Inabs 2005-B)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyXxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FF11, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FF11" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyXxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FF11, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FF11" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2004-Ff11 Asset-Backed Certificates, Series 2004-Ff11)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series INABS 2005-R4” C" (the “Group "GROUP I PrePRE-Funding Account”FUNDING ACCOUNT") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series INABS 2005-R4” C" (the “Group "GROUP II PrePRE-Funding Account”FUNDING ACCOUNT"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2005-C)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyWxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest Option One Mortgage Securities Inc.Loan Trust 2004-1, Asset-Backed Pass-Through Certificates, Series 20052004-R4” 1" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyWxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest Option One Mortgage Securities Inc.Loan Trust 2004-1, Asset-Backed Pass-Through Certificates, Series 20052004-R4” 1" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Pre- Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2004-1)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2006-R4E” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee and Supplemental Interest Trust Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series 2005INABS 2006-R4E” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein. The Trustee shall account for the Pre-Funding Accounts as outside reserve funds within the meaning of Treasury Regulation Section 1.860G-2(h) and not as assets of any REMIC created pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-E)

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Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2005-FF4, Asset-Backed Pass-Through Certificates, Series 2005-R4” FF4" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2005-FF4, Asset-Backed Pass-Through Certificates, Series 2005-R4” FF4" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2005-Ff4)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyWxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest Option One Mortgage Securities Inc.Loan Trust 2004-3, Asset-Backed Pass-Through Certificates, Series 20052004-R4” 3" (the "Group I Pre-Pre- 116 Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyWxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Ameriquest Option One Mortgage Securities Inc.Loan Trust 2004-3, Asset-Backed Pass-Through Certificates, Series 20052004-R4” 3" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2004-3)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052004-R4” W7" (the "Group I Pre-Pre- Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052004-R4” W7" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset-Backed Pass-Through Certificates Series 2004-W7)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two three segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 11" (the "Group I Pre-Funding Account”) and "); (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 11" (the "Group II Pre-Funding Account") and (iii) "Group III Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2003-11" (the "Group III Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or Amount, the Original Group II Pre-Funding AccountAmount or the Original Group III Pre-Funding Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Pre- Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Backed Pass THR Certs Se 03 11)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FFH4, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FFH4" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2004-FFH4, Asset-Backed Pass-Through Certificates, Series 20052004-R4” FFH4" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2004-Ffh4)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyWells Fargo Bank, as Trustee N.A., xx xrustee for the registered holders of Ameriquest Citigroup Mortgage Securities Inc.Loan Trust, AssetSeries 2004-OPT1, Asset Backed Pass-Through Certificates, Series 2005-R4” " (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyWells Fargo Bank, as Trustee N.A., xx xrustee for the registered holders of Ameriquest Citigroup Mortgage Securities Inc.Loan Trust, AssetSeries 2004-OPT1, Asset Backed Pass-Through Certificates, Series 2005-R4” " (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc Series 2004-Opt1)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series INABS 2005-R4A” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Home Equity Mortgage Securities Inc., Loan Asset-Backed Pass-Through Certificates, Series INABS 2005-R4A” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset Backed Trust Series 2005-A)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052002-R4” 5" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Asset- Backed Pass-Through Certificates, Series 20052002-R4” 5" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.. 117

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset Backed Thru Cer Ser 2002-5)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee Trust Administrator shall establish establish, as agent for the Trustee, and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “"Group I Pre-Funding Account, Deutsche Bank National Trust CompanyCompany as agent for the U.S. Bank National Association, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052002-R4” 2" (the "Group I Pre-Funding Account") and (ii) “"Group II Pre-Funding Account, Deutsche Bank National Trust CompanyCompany as agent for U.S. Bank National Association, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052002-R4” 2" (the "Group II Pre-Funding Account"). The Trustee Trust Administrator shall, promptly upon receipt, deposit in the applicable Pre-Pre- Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee Trust Administrator by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee Trust Administrator for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Ass Bk Pas THR Certs Ser 2002 2)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two three segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of 121 Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 13" (the "Group I Pre-Funding Account”) and "); (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset- Backed Pass-Through Certificates, Series 2003-13" (the "Group II Pre-Funding Account") and (iii) "Group III Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 13" (the "Group II III Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or Amount, the Original Group II Pre-Funding AccountAmount or the Original Group III Pre-Funding Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset Back Pass THR Ser 2003-13)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two three segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Pre- Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 12" (the "Group I Pre-Funding Account”) and "); (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Ameriquest Mortgage Securities Inc., Asset- Backed Pass-Through Certificates, Series 2003-12" (the "Group II Pre-Funding Account") and (iii) "Group III Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered Holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052003-R4” 12" (the "Group II III Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or Amount, the Original Group II Pre-Funding AccountAmount or the Original Group III Pre-Funding Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset Back Pass THR Cer Se 03 12)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2005-FFH4, Asset-Backed Pass-Through Certificates, Series 2005-R4FFH4” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Ameriquest First Franklin Mortgage Securities Inc.Loan Trust 2005-FFH4, Asset-Backed Pass-Through Certificates, Series 2005-R4FFH4” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or and the Original Group II Pre-Funding AccountFunded Amount, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2005-Ffh4)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052004-R4” R12" (the "Group I Pre-Funding Account") and (ii) "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052004-R4” R12" (the "Group II Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset-Backed Pass-Through Certificates, Series 2004-R12)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated non-interest bearing trust accounts that are each Eligible Accounts, which shall be titled (i) “Group I Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052006-R4M1” (the “Group I Pre-Funding Account”) and (ii) “Group II Pre-Funding Account, Deutsche Bank National Trust Company, as Trustee for the registered holders of Ameriquest Mortgage Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 20052006-R4M1” (the “Group II Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Pre-Funded Amount or the Original Group II Pre-Funding Account, as applicable, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Argent Securities Trust 2006-M1)

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