Examples of Additional Interest Account in a sentence
On or after the Final Distribution Date, upon presentation and surrender of the Class Certificates, the Paying Agent shall distribute to the Class Z Certificateholders any amount then on deposit in the Additional Interest Account that was paid on a Mortgage Loan.
The Additional Interest Account shall be established and maintained as an Eligible Account.
The Class Z Certificates are hereby designated as representing an undivided, beneficial interest in Additional Interest payable on the Mortgage Loans and proceeds thereof in the Additional Interest Account.
The Trustee shall also deposit into the Additional Interest Account any amounts required to be deposited by the Trustee pursuant to Section 3.06 in connection with losses incurred with respect to Permitted Investments of funds held in the Additional Interest Account.
Additional Interest Account, Distribution Account, Gain-on-Sale Reserve Account and Loan Combination Custodial Accounts.