Common use of Supplemental Enhancement Account Clause in Contracts

Supplemental Enhancement Account. In order to enhance the amounts available to make required payments to the Class A Noteholders and to make principal payments to the holders of the Class C Certificates, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Supplemental Enhancement Account--Long Beach Acceptance Auto Receivables Trust 2004-C", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(viii), and this Section 5.12. (a) On the Closing Date, the Transferor shall deposit the Supplemental Enhancement Account Deposit into the Supplemental Enhancement Account. (b) The amounts on deposit in the Supplemental Enhancement Account shall be available for payment in accordance with and subject to Section 5.6(c) above and 5.12(c)

Supplemental Enhancement Account. In order to enhance the amounts available to make required payments to the Class A Noteholders and to make principal payments to the holders holder of the Class C CertificatesCertificate, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Supplemental Enhancement Account--Long Beach Acceptance Auto Receivables Trust 20042006-CA", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(viii), and this Section 5.12. (a) On the Closing Date, the Transferor shall deposit the Supplemental Enhancement Account Deposit into the Supplemental Enhancement Account. (b) The amounts on deposit in the Supplemental Enhancement Account shall be available for payment in accordance with and subject to Section 5.6(c) above and 5.12(c)

Supplemental Enhancement Account. In order to enhance the amounts available to make required payments to the Class A Noteholders and to make principal payments to the holders of on the Class C Certificates, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Supplemental Enhancement Account--Long Beach Acceptance Auto Receivables Trust 2004-CA", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(viii), and this Section 5.12. (a) On the Closing Date, the Transferor shall deposit the Supplemental Enhancement Account Deposit into the Supplemental Enhancement Account. (b) The amounts on deposit in the Supplemental Enhancement Account shall be available for payment in accordance with and subject to Section 5.6(c) above and 5.12(c)

Supplemental Enhancement Account. In order to enhance the amounts available to make required payments to the Class A Noteholders and to make principal payments to the holders of on the Class C Certificates, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Supplemental Enhancement Account--Long Beach Acceptance Auto Receivables Trust 20042003-CB", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(viii), and this Section 5.12. (a) On the Closing Date, the Transferor shall deposit the Supplemental Enhancement Account Deposit into the Supplemental Enhancement Account. (b) The amounts on deposit in the Supplemental Enhancement Account shall be available for payment in accordance with and subject to Section 5.6(c) above and 5.12(c)

Supplemental Enhancement Account. In order to enhance the amounts available to make required payments to the Class A Noteholders and to make principal payments to the holders of the Class C Certificates, there shall be established and maintained with the Trust Collateral Agent an Eligible Account entitled, "Supplemental Enhancement Account--Long Beach Acceptance Auto Receivables Trust 20042005-CB", which will include the money and other property deposited and held therein pursuant to Section 5.6(c)(viii), and this Section 5.12. (a) On the Closing Date, the Transferor shall deposit the Supplemental Enhancement Account Deposit into the Supplemental Enhancement Account. (b) The amounts on deposit in the Supplemental Enhancement Account shall be available for payment in accordance with and subject to Section 5.6(c) above and 5.12(c)