Common use of Pre-Funding Account Clause in Contracts

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank National Association, as trustee for the registered holders of SURF Mortgage Loan Asset-Backed Certificates, Series 2006-AB3". The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of the Certificateholders for the uses and purposes set forth herein.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust Series 2006-Ab3), Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust Series 2006-Ab3)

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Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank National Association, ____________________ as trustee Trustee for the registered holders of SURF Long Beach Securities Corp., [--] Floating Rate Mortgage Loan AssetPass-Backed Through Certificates, Series 2006____-AB3___" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Securities Corp)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank Bankers Trust Company of California, National Association, as trustee for the registered holders of SURF Impac Secured Assets Corp., Mortgage Loan AssetPass-Backed Through Certificates, Series 20062002-AB32" (the "Pre- Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the DepositorCompany. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Norwest Bank Minneosta, National Association, Association as trustee Trustee for the registered holders of SURF Ameriquest Mortgage Loan AssetSecurities Inc., Floating Rate Mortgage Pass-Backed Through Certificates, Series 20062000-AB32" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Floating Rate Mort Pass Through Cert Series 2000-1)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Accountaccount, and which shall be titled "Pre-Funding Account, U.S. Bank One, National Association, as trustee for the registered holders of SURF Structured Asset Mortgage Loan Asset-Backed Investments Inc., Mortgage Pass- Through Certificates, Series 20062002-AB3AR3" (the "Pre-Funding Account"). The Pre-Funding Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the DepositorSeller. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Inc Mort Pass THR Cert 2002-Ar3)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank First Trust National Association, as trustee for the registered holders of SURF Salomon Brothers Mortgage Loan Securities VII, Inc., New Century Asset-Backed Floating Rate Certificates, Series 20061997- NC4" (the "Pre-AB3Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding PreFunding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Asset Backed Float Rate Cert Series 1997-Nc4)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank First Trust National Association, as trustee for the registered holders of SURF Salomon Brothers Mortgage Loan Securities VII, Inc., New Century Asset-Backed Floating Rate Certificates, Series 20061998- NC1" (the "Pre-AB3Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Pre- Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Asset Backed Floating Rate Cert Ser 1998-Nc1)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Accountaccount, and which shall be titled "Pre-Funding Account, U.S. Bank One, National Association, as trustee for the registered holders of SURF Bear Xxxxxxx ARM Trust, Mortgage Loan AssetPass-Backed Through Certificates, Series 20062002-AB311" (the "Pre-Funding Account"). The Pre-Funding Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the DepositorSeller. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Inc Bear Stearns Arm Trust 2002-11)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Accountaccount, and which shall be titled "Pre-Funding Account, U.S. Bank One, National Association, as trustee for the registered holders of SURF Structured Asset Mortgage Loan Asset-Backed Investments Inc., Mortgage Pass- Through Certificates, Series 20062002-AB3AR2" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the DepositorSeller. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank National Association, ____________________ as trustee Trustee for the registered holders of SURF Boardwalk Mortgage Loan Securities Inc., Boardwalk Asset-Backed Pass-Through Certificates, Series 2006____-AB3___" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Boardwalk Mortgage Securities Inc.)

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Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank National Association, as trustee for the registered holders of SURF Salomon Brothers Mortgage Loan Securities VII, Inc., New Century Asset-Backed Certificates, Series 20061998-AB3NC3" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mort Pa THR Cert Ser 1998-Wfc1)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank National Association, as trustee for the registered holders of SURF Mortgage Loan Asset-Backed Certificates, Series 2006-AB3AB2". The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the DepositorSeller. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mortgage Loan Asset-Backed Certificates, Series 2006-Ab2)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated non-interest bearing trust account that are is an 133 Eligible Account, and which shall be titled "(i) “ Pre-Funding Account, U.S. Deutsche Bank National AssociationTrust Company, as trustee Trustee for the registered holders of SURF Mortgage Loan AssetIndyMac Residential Mortgage-Backed Trust Certificates, Series 20062005-AB3"L1” (the “ Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the applicable Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L1)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account,, U.S. Bank Bankers Trust Company of California, National Association, as trustee for the registered holders of SURF Impac Secured Assets Corp., Mortgage Loan AssetPass-Backed Through Certificates, Series 20062001-AB37" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the DepositorCompany. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. Bank National Associationas Trustee, as trustee in trust for the registered holders of SURF Xxxxxxxxxx Mortgage Loan Asset-Backed CertificatesTrust, Series 20060000-AB3"XX0, Xxxxx Backed Pass-Through Certificates” (the “Pre-Funding Account”). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2005-Nc3)

Pre-Funding Account. (a) No later than the Closing Date, the Trustee shall establish and maintain for the benefit of the Certificateholders the Pre-Funding Account which shall be a segregated trust account that is an 133 Eligible Account, and which shall be titled "Pre-Funding Account, U.S. 104 Deutsche Bank National AssociationTrust Company, as trustee Trustee for the registered holders of SURF Ameriquest Mortgage Loan Securities Inc., Asset-Backed Pass-Through Certificates, Series 20062003-AB35" (the "Pre-Funding Account"). The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee on behalf of for the Certificateholders for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Back Pas THR Certs Ser 2003 5)

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