Examples of Initial Interest Coverage Deposit in a sentence
The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit for each Loan Group remitted on the Closing Date to the Trustee by the Depositor and all income and gain realized from investment of funds deposited in the Pre-Funding Account pursuant to Section 4.06(b).
The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit remitted on the Closing Date to the Trustee by the Depositor and all income and gain realized from investment of funds on deposit in the Pre-Funding Account pursuant to Section 4.14(b).
The Securities Administrator shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit for the Mortgage Loans remitted on the Closing Date to the Securities Administrator by the Depositor and all income and gain realized from investment of funds deposited in the Pre-Funding Account pursuant to Section 4.06(b).
On the Closing Date, the Securities Administrator shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit for the HELOCs remitted on the Closing Date to the Securities Administrator by the Depositor.
The Securities Administrator shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit for each Loan Group remitted on the Closing Date to the Securities Administrator by the Depositor and all income and gain realized from investment of funds deposited in the Pre-Funding Account pursuant to Section 5.10(b).
The Trustee shall, promptly upon receipt, deposit in the Group II Interest Coverage Account and retain therein the Group II Initial Interest Coverage Deposit remitted on the Closing Date to the Trustee by the Depositor and all income and gain realized from investment of funds deposited in the Group II Pre-Funding Account pursuant to Section 4.08(b).
The Trustee shall, promptly upon receipt, deposit in the Group I Interest Coverage Account and retain therein the Group I Initial Interest Coverage Deposit remitted on the Closing Date to the Trustee by the Depositor and all income and gain realized from investment of funds deposited in the Group I Pre-Funding Account pursuant to Section 4.08(b).
The Trustee shall, promptly upon receipt, deposit in the Group II Interest Coverage Account and retain therein the Group II Initial Interest Coverage Deposit remitted on the Closing Date to the Trustee by the Depositor and all income and gain realized from investment of funds deposited in the Group II Pre-Funding Account pursuant to Section 4.10(b).
The Securities Administrator shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit for each Loan Group remitted on the Closing Date to the Securities Administrator by the Depositor and all income and gain realized from investment of funds deposited in the Pre-Funding Reserve Account pursuant to Section 4.06(b).
On the Closing Date, the Securities Administrator shall, promptly upon receipt, deposit in the Group II Interest Coverage Account and retain therein the Group II Initial Interest Coverage Deposit for the Group II HELOCs remitted on the Closing Date to the Securities Administrator by the Depositor.