Common use of Net Deposits Clause in Contracts

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Date, the Servicer will be permitted to make the deposit of collections net of distributions, if any, to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datetheir receipt, the Servicer will be permitted to make the deposit of collections on the Receivables and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders Certificateholder as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datetheir receipt and identification, the Servicer will be permitted to make the deposit of collections on the Receivables and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders Certificateholder as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Receivables and Purchase Amounts for or with respect to each Monthly Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection such Monthly Period. The Servicer, however, will account to the Owner Trustee, the Trustee, the Indenture TrusteeCollateral Agent, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections net of distributions, if any, to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless if the Servicer is not required to remit collections collected funds within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections such funds, aggregate Advances and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. Similarly, the Servicer may cause to be made a single, net transfer, from the Collection Account to the Payahead Account, or vice versa. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two (2) Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Loans for or with respect to the Due Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Due Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Receivables and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Trustee, the Indenture Trustee, the Noteholders Trustee and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Receivables and Purchase Amounts for or with respect to each Monthly Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection such Monthly Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Indenture Collateral Agent, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will shall account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two Business Days of the Posted Datereceipt thereof, the Servicer will shall be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will shall account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Loans for or with respect to the Due Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection PeriodDue Period (other than with respect to Nonrecoverable Advances). The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Mortgage Loans and Purchase Prices for or with respect to the Due Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Due Period. The Servicer, however, will account to the owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless ------------ the Servicer is required to remit collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections on the Home Equity Loans and Purchase Prices for or with respect to the Due Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Due Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to a Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the such Collection Period. The Servicer, however, will account to the TrusteeTrust, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the TrusteeIssuer, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections collected funds within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of such collections on the Receivables, aggregate Advances and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection PeriodPeriod or the Transfer Date. The Servicer, however, will account to the Trustee, the Indenture Trustee, the Noteholders Trustee and the Certificateholders as if all deposits, distributions and transfers were made individually.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections Collections within two Business Days of the Posted Datereceipt thereof, the Servicer will be permitted to make the deposit of collections Collections and Purchase Amounts for or with respect to the Collection Period net of distributions, if any, distributions to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the TrusteeTrust, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.