Common use of Yield Supplement Account Clause in Contracts

Yield Supplement Account. (a) The Depositor shall establish and maintain in the name of the Collateral Agent a segregated trust account to secure the Depositor's obligations under the Yield Supplement Agreement (the "Yield Supplement Account"). The Yield Supplement Account and any amounts therein shall not be property of the Trust, but shall be pledged to the Collateral Agent for the benefit of Certificateholders.

Appears in 3 contracts

Samples: Supplement Agreement (Usaa Acceptance LLC), Supplement Agreement (Usaa Acceptance LLC), Supplement Agreement (Usaa Acceptance LLC)

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Yield Supplement Account. (a) The Depositor Seller shall establish and maintain in the name of the Collateral Agent a segregated trust account an Eligible Deposit Account to secure the DepositorSeller's obligations under the Yield Supplement Agreement (the "Yield Supplement Account"). The Yield Supplement Account and any amounts therein shall not be property of the Trust, but shall be pledged to the Collateral Agent for the benefit of Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Security Auto Grantor Trust 1997-A)

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Yield Supplement Account. (a) The Depositor Seller shall establish and maintain in the name of the Collateral Agent a segregated trust account to secure the DepositorSeller's obligations under the Yield Supplement Agreement (the "Yield Supplement Account"). The Yield Supplement Account and any amounts therein shall not be property of the Trust, but shall be pledged to the Collateral Agent for the benefit of Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Usaa Federal Savings Bank)

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