Common use of Xxxxxxx Trust Account Clause in Contracts

Xxxxxxx Trust Account. (a) On or before the issuance of the Certificates, the Trustee will open with an Eligible Depository one or more accounts in the name of the Trustee (or its designee) (collectively, the “Grantor Trust Account”) to hold funds for the benefit of the Holders of the Group 5 Classes and Group 7 Classes.

Xxxxxxx Trust Account. (a) On or before the issuance of the Certificates, the Trustee will open with an Eligible Depository one or more accounts in the name of the Trustee (or its designee) (collectively, the “Grantor Trust Account”) to hold funds for the benefit of the Holders of the Group 5 Classes and Group 7 1 Classes.

Xxxxxxx Trust Account. (a) On or before the issuance of the Certificates, the Trustee will open with an Eligible Depository one or more accounts in the name of the Trustee (or its designee) (collectively, the “Grantor Trust Account”) to hold funds for the benefit of the Holders of the Group 5 Classes and Group 7 Classes.

Xxxxxxx Trust Account. (a) On or before the issuance of the Certificates, the Trustee will open with an Eligible Depository one or more accounts in the name of the Trustee (or its designee) (collectively, the “Grantor Trust Account”) to hold funds for the benefit of the Holders of the Group 5 Classes and Group 7 2 Classes.