Note Paying Agent. The Indenture Trustee or any other Person that meets the eligibility standards for the Indenture Trustee specified in Section 6.11 of the Indenture and is authorized by the Issuer to make payments to and distributions from the Distribution Account, including payment of principal of or interest on the Notes on behalf of the Issuer.
Appears in 1 contract
Sources: Transfer and Servicing Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1)
Note Paying Agent. The Indenture Trustee or any other Person that meets the eligibility standards for the Indenture Trustee specified in Section 6.11 of the Indenture and is authorized by the Issuer to make payments to and distributions from the Distribution Payment Account, including payment of principal of or interest on the Notes on behalf of the Issuer.
Appears in 1 contract
Sources: Transfer and Servicing Agreement (Greenpoint Mortgage Funding Trust 2006-He1)