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, Xxxxx Fargo Bank, N.A., as trustee for the registered holders of Option One Mortgage Loan Trust 2005-2, Asset-Backed Certificates, Series 2005-2” (the “Group I Pre-Funding Account”) and “Group II Pre-Funding Account, Xxxxx Fargo Bank, N.A., as trustee for the registered holders of Option One Mortgage Loan Trust 2005-2, Asset-Backed Certificates, Series 2005-2” (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.

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 “(i) "Group I Pre-Funding Account, Xxxxx Fargo Bank, N.A.Deutsche Bank National Trust Company, as trustee Trustee for the registered holders of Option One Home Equity Mortgage Loan Trust 2005-2, Asset-Backed Certificates, Series 2005SPMD 2004-2” C" (the “"Group I Pre-Funding Account”") and “(ii) "Group II Pre-Funding Account, Xxxxx Fargo Bank, N.A.Deutsche Bank National Trust Company, as trustee Trustee for the registered holders of Option One Home Equity Mortgage Loan Trust 2005-2, Asset-Backed Certificates, Series 2005SPMD 2004-2” C" (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 or 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.

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, Xxxxx Fargo Bank, N.A.Deutsche Bank National Trust Company, as trustee for the registered holders of Option One Mortgage Soundview Home Loan Trust 2005-2OPT1, Asset-Backed Certificates, Series 2005-2” OPT1" (the “"Group I Pre-Funding Account”") and “"Group II Pre-Funding Account, Xxxxx Fargo Bank, N.A.Deutsche Bank National Trust Company, as trustee for the registered holders of Option One Mortgage Soundview Home Loan Trust 2005-2OPT1, Asset-Backed Certificates, Series 2005-2” OPT1" (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.

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, Xxxxx Fargo Bank, N.A., as trustee for the registered holders of Option One Mortgage Loan Trust 2005-21, Asset-Backed Certificates, Series 2005-2” 1" (the “"Group I Pre-Funding Account”") and “"Group II Pre-Funding Account, Xxxxx Fargo Bank, N.A., as trustee for the registered holders of Option One Mortgage Loan Trust 2005-21, Asset-Backed Certificates, Series 2005-2” 1" (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.

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 “(i) "Group I Pre-Funding Account, Xxxxx Fargo Bank, N.A.Deutsche Bank National Trust Company, as trustee Trustee for the registered holders of Option One Home Equity Mortgage Loan Trust 2005-2, Asset-Backed Certificates, Series 2005SPMD 2004-2” B." (the “"Group I Pre-Funding Account”") and “(ii) "Group II Pre-Funding Account, Xxxxx Fargo Bank, N.A.Deutsche Bank National Trust Company, as trustee Trustee for the registered holders of Option One Home Equity Mortgage Loan Trust 2005-2, Asset-Backed Certificates, Series 2005SPMD 2004-2” B." (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 or the Original Group II Pre-Funded AmountFunding 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.