Supplemental Interest Account. (i) On each Distribution Date when amounts are on deposit in the Accumulation Account, the Indenture Trustee, subject to sufficient Available Funds therefor, will deposit into the related Supplemental Interest Account, the related Supplemental Interest Account Deposit Amount for such Distribution Date, pursuant to Section 2.8(g) above.
Supplemental Interest Account. On the Closing Date, the Trustee shall establish and maintain in its name, a separate non-interest bearing trust account for the benefit of the holders of the LIBOR Certificates (the "Supplemental Interest Account") as a part of the Trust Fund. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Trustee held pursuant to this Agreement. On any Distribution Date, Interest Rate Cap Payments, Swap Termination Payments, Net Swap Payments owed to the Swap Provider and Net Swap Receipts for that Distribution Date will be deposited into the Supplemental Interest Account. Funds in the Supplemental Interest Account will be distributed in the following order of priority:
Supplemental Interest Account. (a) On the Closing Date, the Trustee shall establish and maintain in its name, a separate non-interest bearing account for the benefit of the Holders of the Class A Certificates, the Mezzanine Certificates, the Class B Certificates and the Class C Certificates (the “Supplemental Interest Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Trustee held pursuant to this Agreement.
Supplemental Interest Account. (a) On the Closing Date, the Trustee shall establish and maintain in its name, a separate non-interest bearing account for the benefit of the Holders of the Class III-A1 Certificates (the "Supplemental Interest Account"), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Trustee held pursuant to this Agreement.
Supplemental Interest Account. (a) The parties do hereby create and establish a sub-trust of the Trust Fund, which shall hold an account, which, no later than the Closing Date, the Certificate Administrator shall, at the direction of the Servicer, establish and maintain, on behalf of the Trustee, as a segregated trust account that is an Eligible Account, which shall be titled "Supplemental Interest Account, First Union National Bank, as Certificate Administrator for the registered holders of NovaStar Mortgage Funding Trust 2001-2, Home Equity Loan Asset-Backed Certificates, Series 2001-2" (the "Supplemental Interest Account"). The ----------------------------- Certificate Administrator shall, promptly upon receipt, deposit in the Supplemental Interest Account each distribution of the Class AIO Current Interest pursuant to Section 4.01(a)(i)(A)(ii). Funds deposited in the Supplemental Interest Account shall be held in trust by the Certificate Administrator for the Certificateholders for the uses and purposes set forth herein.
Supplemental Interest Account. A. On the Closing Date, with respect to the Class A-5B Notes, and whenever one or more Accumulation Accounts are created pursuant to Section 2.8.4A above, the Trust shall also establish a Supplemental Interest Account that shall be related to each such Accumulation Account.
Supplemental Interest Account. (a) The parties do hereby create and establish a sub-trust of the Trust Fund, which shall hold an account, which, no later than the Closing Date, the Certificate Administrator shall establish and maintain, on behalf of the Trustee, as a segregated trust account that is an Eligible Account, which shall be titled "Supplemental Interest Account, The First Union National Bank, as Certificate Administrator for the registered holders of NovaStar Mortgage Funding Trust 2000-2, Home Equity Loan Asset-Backed Certificates, Series 2000-2" (the "Supplemental Interest Account"). The Cap Agreement and the proceeds thereof shall be the assets of such trust. The Certificate Administrator shall, promptly upon receipt, deposit in the Supplemental Interest Account all Cap Payments received by the Certificate Administrator, on behalf of the Trustee, under the Cap Agreements and (ii) each distribution of the Class AIO Current Interest pursuant to Section 4.01(a)(i)(A)(ii). Funds deposited in the Supplemental Interest Account shall be held in trust by the Certificate Administrator for the Certificateholders for the uses and purposes set forth herein.
Supplemental Interest Account. A. On the Closing Date, with respect to the Class A-5A, Class A-5B and Class A-5D Notes, and whenever one or more Accumulation Accounts are created pursuant to
Supplemental Interest Account. ARTICLE V
Supplemental Interest Account. On the Closing Date, the Securities Administrator shall establish and maintain in its name, a separate non-interest bearing trust account for the benefit of the holders of the Principal Certificates (the "Supplemental Interest Account") as a part of the Trust Fund. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Securities Administrator held pursuant to this Agreement. Funds in the Supplemental Interest Account shall remain uninvested. On any Distribution Date, Swap Termination Payments, Net Swap Payments owed to the Swap Provider and Net Swap Receipts for that Distribution Date will be deposited into the Supplemental Interest Account. With respect to any Distribution Date, funds in the Supplemental Interest Account will be distributed in the following order of priority:
