Common use of Interest Coverage Account Clause in Contracts

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account, which shall be titled "Interest Coverage Account, Bank One, National Association, as trustee for the registered holders of Structured Asset Mortgage Investments Inc., Mortgage Pass- Through Certificates, Series 2002-AR3" (the "Interest Coverage Account"). The Interest Coverage Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Seller. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust accountaccount that is an Eligible Account, which shall be titled "Interest Coverage Account, U.S. Bank One, National Association, as trustee for the registered holders of Structured Asset Salomon Brothers Mortgage Investments Securities VII, Inc., Mortgage Pass- Through Asset-Backed Floating Rate Certificates, Series 2002-AR31998- NC2" (the "Interest Coverage Account"). The Interest Coverage Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the SellerDepositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee Trust Administrator shall establish and maintain a segregated trust accountaccount that is an Eligible Account, which shall be titled "Interest Coverage Account, U.S. Bank OneNational Association as Trust Administrator for Firstar Bank, National Association, N.A. as trustee Trustee for the registered holders of Structured Asset Mortgage Investments Inc.New Century Home Equity Loan Trust 1999-NCD, Mortgage Pass- Through Asset- Backed Certificates, Series 20021999-AR3NCD" (the "Interest Coverage Account"). The Interest Coverage Account shall be an Eligible Account. The Trustee Trust Administrator shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee Trust Administrator by the SellerDepositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee Trust Administrator for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust accountaccount that is an Eligible Account, which shall be titled "Interest Coverage Account, Bank One, First Trust National Association, as trustee for the registered holders of Structured Asset Salomon Brothers Mortgage Investments Securities VII, Inc., Mortgage Pass- Through New Century Asset-Backed Floating Rate Certificates, Series 20021998-AR3NC1" (the "Interest Coverage Account"). The Interest Coverage Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the SellerDepositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust accountaccount that is an Eligible Account, which shall be titled "Interest Coverage Account, U.S. Bank One, National Association, as trustee for the registered holders of Structured Asset Salomon Brothers Mortgage Investments Securities VII, Inc., Mortgage Pass- Through New Century Asset-Backed Floating Rate Certificates, Series 20021998-AR3NC4" (the "Interest Coverage Account"). The Interest Coverage Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the SellerDepositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.