Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereof; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX
Appears in 19 contracts
Samples: Pooling and Servicing Agreement (Centex Home Equity Loan Trust 2004-C), Pooling and Servicing Agreement (Centex Home Equity Loan Trust 2006-A), Pooling and Servicing Agreement (Centex Home Equity Loan Trust 2005-A)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing Servicing Fees, unreimbursed Delinquency Advances and or unreimbursed Servicing Advances theretofore funded by the Master Servicer from the Master Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXMaster Servicer.
Appears in 13 contracts
Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 2000 2), Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1998-2), Pooling and Servicing Agreement (Advanta Mortgage Conduit Services Inc)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1996-4), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing Servicing Fees, unreimbursed Delinquency Advances and or unreimbursed Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXsuch proceeds.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Equivantage Acceptance Corp), Pooling and Servicing Agreement (Equivantage Acceptance Corp), Pooling and Servicing Agreement (Equivantage Acceptance Corp)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing Servicing Fees, unreimbursed Delinquency Advances and or unreimbursed Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (First Alliance Mortgage Co /De/), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997-01), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997-3)
Disposition of Proceeds. The Indenture Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX V to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofNote Account; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Indenture Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXV
Appears in 6 contracts
Samples: Sale and Servicing Agreement (Imc Securities Inc), Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1998-4), Sale and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereof; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Chec Asset Receivables Corp), Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp), Pooling and Servicing Agreement (Chec Asset Receivables Corp)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofDistribution Account; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Master Servicer from the Master Servicer’s 's own funds shall be paid by the Trustee to the Master Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Block Mortgage Finance Asset Backed Certificates Ser 1997-2), Pooling and Servicing Agreement (Block Mortgage Finance Asset Backed Certificates Ser 1999 1), Pooling and Servicing Agreement (Block Mortgage Finance Inc Asset Backed Cert Series 1999 2)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(a) and 7.03(b) hereof; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Nationstar Home Equity Loan Trust 2007-B), Pooling and Servicing Agreement (Nationstar Home Equity Loan Trust 2007-C), Pooling and Servicing Agreement (Nationstar Home Equity Loan Trust 2007-A)
Disposition of Proceeds. The Indenture Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX V to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofNote Account; provided, however, that any amounts representing Servicing Fees, unreimbursed Delinquency Advances and or unreimbursed Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Indenture Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-1a), Sale and Servicing Agreement (First Alliance Mortgage Co /De/), Sale and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-1f)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 107
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1997-3), Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1996-4)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust EstateEstate and the amount of any Class B Unpaid Realized Loss Amount shall be paid to the Owners of the Class B Certificates. END OF ARTICLE IX
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Master Servicer from the Master Servicer’s 's own funds shall be paid by the Trustee to the Master Servicer from the proceeds of the Trust Estate. END OF ARTICLE IX
Appears in 1 contract
Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth application as provided in Section 7.03(b) 7.03 hereof; provided, however, that any amounts representing unrecovered Delinquency Advances and Servicing Advances which a Servicer determined to be nonrecoverable and unreimbursed Delinquency Advances and Servicing Advances and Servicing Fees theretofore funded by the a Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 108
Appears in 1 contract
Samples: Custodial Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1997-2)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing Servicing Fees, unreimbursed 107 Delinquency Advances and or unreimbursed Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXsuch proceeds.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Equivantage Acceptance Corp)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 108
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Contimortgage Home Equity Loan Trust 1997-2)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 104
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-1)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 105 112 ARTICLE X
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-7)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 101 108 ARTICLE X
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-5)
Disposition of Proceeds. The Indenture Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX V to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofNote Account; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Indenture Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXV ARTICLE VI
Appears in 1 contract
Samples: Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1997-6)
Disposition of Proceeds. The Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofAccount; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXIX 105
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1998-3)
Disposition of Proceeds. The Indenture Trustee shall, upon receipt thereof, deposit the proceeds of any Termination Price or other liquidation of the Trust Estate pursuant to this Article IX V to the Certificate Account for distribution in accordance with the priorities set forth in Section 7.03(b) hereofrelated Note Account; provided, however, that any amounts representing unreimbursed Delinquency Advances and Servicing Advances theretofore funded by the Servicer from the Servicer’s 's own funds shall be paid by the Indenture Trustee to the Servicer from the proceeds of the Trust Estate. END OF ARTICLE IXV
Appears in 1 contract
Samples: Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1998-7)
