Pre-Funding Account definition

Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.
Pre-Funding Account. The account designated as the Pre-Funding Account in, and which is established and maintained pursuant to, Section 4.1(b).
Pre-Funding Account. The account established and maintained pursuant to Section 4.05, as defined herein, and which must be an Eligible Account.

Examples of Pre-Funding Account in a sentence

  • On the Closing Date, the Depositor shall deposit in the Pre-Funding Account $[ ] (the “Pre-Funding Account Initial Deposit”) from the net proceeds of the sale of the Notes.


More Definitions of Pre-Funding Account

Pre-Funding Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.
Pre-Funding Account has the meaning specified in Section 5.1.
Pre-Funding Account. The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.05 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York, in trust for registered holders of CWABS, Inc., Asset-Backed Certificates, Series 2001-1." Funds in the Pre-Funding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder, provided, however that any investment income earned from Permitted Investments made with funds in the Pre-Funding Account will be for the account of the Depositor.
Pre-Funding Account has the meaning specified in Section 5.1(a)(iii).
Pre-Funding Account means the account established and maintained pursuant to subsection 4.14(a) of the Agreement.
Pre-Funding Account. The account established and maintained pursuant to Section 3.17 of the Servicing Agreement.
Pre-Funding Account. Each of the Pre-Funding Accounts established in accordance with Section 8.01(b) of the Indenture and maintained by the Indenture Trustee.