ORIGINATION FUND definition

ORIGINATION FUND means Superannuation Members' Home Loans Origination Fund No.
ORIGINATION FUND means Superannuation Members' Home Loans Origination Fund No. 3 established pursuant to the Master Trust Deed;
ORIGINATION FUND means each individual trust fund from time to time created pursuant to clauses 3.2 or 3.3.

Examples of ORIGINATION FUND in a sentence

  • Authorised Signatory Authorised Signatory SCHEDULE 8 ORIGINATION FUND BOND ISSUE DIRECTION TO: Perpetual Trustees Australia Limited, ACN 000 431 827 (the "TRUSTEE").

  • Authorised Signatory Authorised Signatory -------------------------------------------------------------------------------- Page 104 LGR-SMHL Master Trust Deed -------------------------------------------------------------------------------- SCHEDULE 8 - ORIGINATION FUND BOND ISSUE DIRECTION To: Perpetual Limited, ABN 86 000 431 827 (the TRUSTEE).

  • SCHEDULE 2 - CONDITIONS Redraw - SMHL Global Fund No.3 PERPETUAL TRUSTEES AUSTRALIA LIMITED (ABN 86 000 000 000) IN ITS CAPACITY AS TRUSTEE OF THE SUPERANNUATION MEMBERS' HOME LOANS ORIGINATION FUND NO 3 of Xxxxx 0, 00 Xxxxxx Xxxxxx, Xxxxxx, XXX, 0000 ("ISSUER") whose office for the purposes of payment is at Xxxxx 0, 0 Xxxxxxxxxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx or such other address as the Issuer may notify to the Note Holder from time to time.


More Definitions of ORIGINATION FUND

ORIGINATION FUND means Origination Fund No. 3 established pursuant to the Master Trust Deed;
ORIGINATION FUND means Superannuation Members' Home Loans Origination Fund No. 3; ORIGINATION FUND LOAN has the same meaning as in clause 3.3;

Related to ORIGINATION FUND

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Direct Account : means any Account which is not an ISA Account.

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Custody Account means each Securities custody account on Bank's records to which Financial Assets are or may be credited pursuant hereto.

  • Fund Custody Account means any of the accounts in the name of the Trust, which is provided for in Section 3.2 below.

  • Levy reduction funds means increases in state funds from

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Investment Account As defined in Section 3.12(a).

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Buydown Fund A fund provided by the originator of a Mortgage Loan or another Person with respect to a Buydown Loan which provides an amount sufficient to subsidize regularly scheduled principal and interest payments due on such Buydown Loan for a period. Buydown Funds may be (i) funded at the par values of future payment subsidies, or (ii) funded in an amount less than the par values of future payment subsidies, and determined by discounting such par values in accordance with interest accruing on such amounts, in which event they will be deposited in an account bearing interest. Buydown Funds may be held in a separate Buydown Fund Account or may be held in a Custodial Account for P&I or a Custodial Account for Reserves and monitored by a Servicer.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Note Account As defined in the Indenture.