Common use of Target Amortization Principal Accumulation Account Clause in Contracts

Target Amortization Principal Accumulation Account. The segregated non-interest bearing trust account or accounts, each of which shall be an Eligible Account, established and maintained pursuant to Section 4.1 and Section 4.7 and entitled “Deutsche Bank National Trust Company, as Indenture Trustee in trust for the Noteholders of the HLSS Servicer Advance Receivables Backed Notes, Target Amortization Principal Accumulation Account.”

Appears in 4 contracts

Samples: Subservicing Agreement (New Residential Investment Corp.), Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (New Residential Investment Corp.)

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Target Amortization Principal Accumulation Account. The segregated non-interest bearing trust account or accounts, each of which shall be an Eligible Account, established and maintained pursuant to Section 4.1 and Section 4.7 and entitled “Deutsche Bank National Trust Company, as Indenture Trustee in trust for the Noteholders of the HLSS Servicer Advance Receivables Trust II Advance Receivables Backed Notes, Target Amortization Principal Accumulation Account.”

Appears in 2 contracts

Samples: Home Loan Servicing Solutions, Ltd., Home Loan Servicing Solutions, Ltd.

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Target Amortization Principal Accumulation Account. The segregated non-interest bearing trust account or accounts, each of which shall be an Eligible Account, established and maintained pursuant to Section 4.1 and Section 4.7 and entitled “Deutsche Bank National Trust Company, as Indenture Trustee in trust for the Noteholders of the HLSS Servicer Advance Receivables Trust II Backed Notes, Target Amortization Principal Accumulation Account.”

Appears in 1 contract

Samples: Indenture (Home Loan Servicing Solutions, Ltd.)

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