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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp)

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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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-B)

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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp. Auto Receivables Trust 2006-A)

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 20042007-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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp. II)

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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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp)

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.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp)

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