Common use of Money for Payments To Be Held in Trust Clause in Contracts

Money for Payments To Be Held in Trust. All payments of amounts payable on any Notes pursuant to Section 8.03, shall be made from amounts deposited in the Payment Account by the Indenture Trustee or by another Paying Agent, and no amounts so deposited in the Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section or Section 8.03. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which the Paying Agent agrees with the Indenture Trustee that it will, and the Indenture Trustee hereby agrees in its capacity as Paying Agent that it will:

Appears in 44 contracts

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E)

AutoNDA by SimpleDocs

Money for Payments To Be Held in Trust. All payments of amounts payable on any Notes pursuant that are to Section 8.03, shall be made from amounts deposited in withdrawn from the Payment Collection Account pursuant to Section 8.03 shall be made on behalf of the Issuer by the Indenture Trustee or by another Paying Agent, and no amounts so deposited in withdrawn from the Payment Collection Account for payments of Notes shall be paid over to the Issuer except as provided in this Section or Section 8.03Section. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which the Paying Agent agrees with the Indenture Trustee that it will, and the Indenture Trustee hereby agrees in its capacity as Paying Agent that it will:

Appears in 20 contracts

Samples: Indenture (Cwabs Inc), Indenture (Cwabs Inc Revolving Home Eq Loan Asset BKD Notes Ser 2001-B), Indenture (Cwabs Inc)

AutoNDA by SimpleDocs

Money for Payments To Be Held in Trust. All payments of amounts payable on any Notes pursuant to Section 8.03, shall be made from amounts deposited in the Payment Account by the Indenture Trustee or by another Paying Agent, and no amounts so deposited in the Payment Account for payments of Notes shall be paid over to the Issuer except as provided in this Section or Section 8.03Section. The Issuer will cause each Paying Agent other than the Indenture Trustee to execute and deliver to the Indenture Trustee an instrument in which the Paying Agent agrees with the Indenture Trustee that it will, and the Indenture Trustee hereby agrees in its capacity as Paying Agent that it will:

Appears in 4 contracts

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-F), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-D), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-G)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!