Common use of Interest Funding Account Clause in Contracts

Interest Funding Account. (a) The Trustee shall establish and maintain with an Eligible Institution, which may be the Trustee, in the name of the Trust, on behalf of the Trust, for the benefit of the Investor Certificateholders, a segregated trust account (the "INTEREST FUNDING ACCOUNT"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Investor Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Funding Account and in all proceeds thereof. The Interest Funding Account shall be under the sole dominion and control of the Trustee for the benefit of the Investor Certificateholders. If at any time the institution holding the Interest Funding Account ceases to be an Eligible Institution, the Transferor shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Funding Account meeting the conditions specified above with an Eligible Institution, and shall transfer any cash or any investments to such new Interest Funding Account. The Trustee, at the written direction of the Servicer, shall (i) make withdrawals from the Interest Funding Account from time to time, in the amounts and for the purposes set forth in this Series Supplement, and (ii) on each Transfer Date make deposits into the Interest Funding Account in the amounts specified in, and otherwise in accordance with, subsections 4.9(a) and (b).

Interest Funding Account. (a) The Trustee shall establish and maintain with an Eligible a Qualified Institution, which may be the Trustee, in the name of the Trust, on behalf of the Trust, for the benefit of the Investor Certificateholders, a segregated trust account with the corporate trust department of such Qualified Institution (the "INTEREST FUNDING ACCOUNTInterest Funding Account"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Investor Series 1997-N Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Funding Account and in all proceeds thereof. The Interest Funding Account shall be under the sole dominion and control of the Trustee for the benefit of the Investor Series 1997-N Certificateholders. If at any time the institution holding the Interest Funding Account ceases to be an Eligible a Qualified Institution, the Transferor Seller shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Funding Account meeting the conditions specified above with an Eligible a Qualified Institution, and shall transfer any cash or any investments to such new Interest Funding Account. The Trustee, at the written direction of the Servicer, shall (i) make withdrawals from the Interest Funding Account from time to time, in the amounts and for the purposes set forth in this Series Supplement, and (ii) on each Transfer Date make deposits a deposit into the Interest Funding Account in the amounts specified in, and otherwise in accordance with, subsections 4.9(a4.09(a) and (b).

Interest Funding Account. (a) The Trustee shall establish and maintain with an Eligible a Qualified Institution, which may be the Trustee, in the name of the Trust, on behalf of the Trust, for the benefit of the Investor Certificateholders, a segregated trust account with the corporate trust department of such Qualified Institution (the "INTEREST FUNDING ACCOUNTInterest Funding Account"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Investor Series 1998-F Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Funding Account and in all proceeds thereof. The Interest Funding Account shall be under the sole dominion and control of the Trustee for the benefit of the Investor Series 1998-F Certificateholders. If at any time the institution holding the Interest Funding Account ceases to be an Eligible a Qualified Institution, the Transferor Seller shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Funding Account meeting the conditions specified above with an Eligible a Qualified Institution, and shall transfer any cash or any investments to such new Interest Funding Account. The Trustee, at the written direction of the Servicer, shall (i) make withdrawals from the Interest Funding Account from time to time, in the amounts and for the purposes set forth in this Series Supplement, and (ii) on each Transfer Date make deposits a deposit into the Interest Funding Account in the amounts specified in, and otherwise in accordance with, subsections 4.9(a4.09(a) and (b).

Interest Funding Account. (a) The Trustee shall establish and maintain with an Eligible a Qualified Institution, which may be the Trustee, in the name of the Trust, on behalf of the Trust, for the benefit of the Investor Certificateholders, a segregated trust account with the corporate trust department of such Qualified Institution (the "INTEREST FUNDING ACCOUNTInterest Funding Account"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Investor Series 1998-E Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Funding Account and in all proceeds thereof. The Interest Funding Account shall be under the sole dominion and control of the Trustee for the benefit of the Investor Series 1998-E Certificateholders. If at any time the institution holding the Interest Funding Account ceases to be an Eligible a Qualified Institution, the Transferor Seller shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Funding Account meeting the conditions specified above with an Eligible a Qualified Institution, and shall transfer any cash or any investments to such new Interest Funding Account. The Trustee, at the written direction of the Servicer, shall (i) make withdrawals from the Interest Funding Account from time to time, in the amounts and for the purposes set forth in this Series Supplement, and (ii) on each Transfer Date make deposits a deposit into the Interest Funding Account in the amounts specified in, and otherwise in accordance with, subsections 4.9(a4.09(a) and (b).