Common use of Certificate Insurance Policy Clause in Contracts

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Certificates. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the TrusteeTrustee in trust for the Trust Fund, shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Certificates. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, Trustee shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator Trustee pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Class II-A-2 Certificates. The Policy Account may be a sub-account of the Distribution Account. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, Trustee shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator Trustee pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Certificates. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, Administrator shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Class 1-A1B and Class 2-A1B Certificates. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Certificates. Notwithstanding anything herein to the contrary, the Securities Administrator will only establish the Policy Account if there are any amounts to be deposited therein. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, Administrator shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Class 1A-1B Certificates. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured CertificatesCertificate. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.

Certificate Insurance Policy. (a) On or prior to the Closing Date, the Securities Administrator, on behalf of the Trustee, Trustee shall cause to be established and maintained the Policy Account, into which amounts received by the Securities Administrator Trustee pursuant to the Certificate Insurance Policy shall be deposited for the benefit of the Insured Class 1-A1B and Class 2-A1C1 Certificates. Amounts on deposit in the Policy Account shall not be invested and shall not be held in an interest-bearing account.