Interest Fund means the fund by that name established pursuant to Section 5.02.
Interest Fund means the Fund by that name established pursuant to Section 5.01.
Interest Fund. An Eligible Account that may be established for the purpose of making interest payments on Mortgage Loans for which the Trust is not due any payments until after the first Distribution Date. The amount of the Interest Fund, if any, shall be set forth in the Trust Agreement. The Interest Fund shall not be an asset of any REMIC but shall be for the benefit of the Certificateholders.
Examples of Interest Fund in a sentence
On each Interest Payment Date, the Trustee shall withdraw from the Interest Fund for payment to the Owners of the Certificates the interest evidenced by the Certificates coming due on such Interest Payment Date.
The Trustee, on each Interest Payment Date, shall deposit in the Interest Fund that amount of moneys representing the portion of the Base Rental Payments designated as the interest component coming due on such Interest Payment Date.
More Definitions of Interest Fund
Interest Fund means the fund by that name established and held by the Trustee pursuant to Section 5.02 of the Trust Agreement.
Interest Fund means the fund by that name established in Section 5.04 herein.
Interest Fund. The Fund created and maintained with the Paying Agent by the Trust pursuant to Section 4.03.
Interest Fund means the fund of that name established and created pursuant to the Indenture.
Interest Fund means the fund by that name established in Section 3.02 for the payment of interest with respect to the Note Participations.
Interest Fund means a fund, escrow or reserve established for the purpose of providing a source of funds to pay interest in respect of Indebtedness of the Parent.