Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit, or cause to be deposited, the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account.
Appears in 9 contracts
Samples: Administration Agreement (SLC Student Loan Trust 2009-3), Administration Agreement (SLC Student Loan Trust 2007-1), Administration Agreement (SLC Student Loan Receivables I Inc)
Capitalized Interest Account. (a) On the Closing Date, the Issuer shall deposit, or cause the Indenture Trustee to be deposited, deposit in the Capitalized Interest Account Initial Deposit into the Capitalized Interest AccountInitial Deposit from the net proceeds of the sale of the Notes.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (SSB Vehicle Securities Inc), Sale and Servicing Agreement (BMW Vehicle Owner Trust 2001-A), Sale and Servicing Agreement (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A)
