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 trust accounts that are each Eligible Accounts, which shall be titled "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Home Loan Trust 2004-4, Asset-Backed Certificates, Series 2004-4" (the "Group I Pre-Funding Account") and "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Home Loan Trust 2004-4, Asset-Backed Certificates, Series 2004-4" (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 and the Original Group II Pre-Funded 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 (Fremont Home Loan Trust 2004-4)

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Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated trust accounts that are each Eligible Accounts, which shall be titled "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Soundview Home Loan Trust 20042005-4, Asset-Backed Certificates, Series 20042005-4" (the "Group I Pre-Funding Account") and "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Soundview Home Loan Trust 20042005-4, Asset-Backed Certificates, Series 20042005-4" (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 and the Original Group II Pre-Funded 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 (Soundview Home Loan Trust 2005-4, Asset-Backed Certificates, Series 2005-4)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated trust accounts that are each Eligible Accounts, which shall be titled "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Soundview Home Loan Trust 20042005-41, Asset-Backed Certificates, Series 20042005-41" (the "Group I Pre-Funding Account") and "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Soundview Home Loan Trust 20042005-41, Asset-Backed Certificates, Series 20042005-41" (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 and the Original Group II Pre-Funded 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 (Soundview Home Loan Trust 2005-1)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated trust accounts that are each Eligible Accounts, which shall be titled "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Home Loan Trust 20042005-41, Asset-Backed Certificates, Series 20042005-41" (the "Group I Pre-Funding Account") and "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the registered holders of Fremont Home Loan Trust 20042005-41, Asset-Backed Certificates, Series 20042005-41" (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 and the Original Group II Pre-Funded 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 (Fremont Home Loan Trust 2005-1)

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Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated trust accounts that are each Eligible Accounts, which shall be titled titled, "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as trustee Trustee, in trust for the registered holders Holders of Fremont Home Loan Trust 2004-4, Asset-Backed CertificatesAmeriquest Mortgage Securities Inc., Series 20042002-4C" (the "Group I Pre-Funding Account") and "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as trustee Trustee, in trust for the registered holders Holders of Fremont Home Loan Trust 2004-4, Asset-Backed CertificatesAmeriquest Mortgage Securities Inc., Series 20042002-4C" (the "Group II Pre-Pre- Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Original Pre-Funded Amount and the Original Group II Original Pre-Funded 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 Mort Sec Inc Asset Bk Pass THR Cert Ser 2002-C)

Pre-Funding Accounts. (a) No later than the Closing Date, the Trustee shall establish and maintain two segregated trust accounts that are each Eligible Accounts, which shall be titled titled, "Group I Pre-Funding Account, Deutsche Bank National Trust Company, as trustee Trustee, in trust for the registered holders Holders of Fremont Home Loan Trust 2004-4, Asset-Backed CertificatesAmeriquest Mortgage Securities Inc., Series 20042002-4D" (the "Group I Pre-Funding Account") and "Group II Pre-Funding Account, Deutsche Bank National Trust Company, as trustee Trustee, in trust for the registered holders Holders of Fremont Home Loan Trust 2004-4, Asset-Backed CertificatesAmeriquest Mortgage Securities Inc., Series 20042002-4D" (the "Group II Pre-Pre- Funding Account"). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Group I Original Pre-Funded Amount and the Original Group II Original Pre-Funded 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 Asst Back Ps THR Cert Ser 2002 D)

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