Common use of The Capitalized Interest Account Clause in Contracts

The Capitalized Interest Account. (a) The [Administrator] shall establish and maintain a trust account (the “Capitalized Interest Account”). The Capitalized Interest Account shall be entitled “Capitalized Interest Account, in trust for the benefit of the Holders of Bayview Mortgage Pass-Through Certificates, Series [ ].” The Capitalized Interest Account shall be an Eligible Account. On the Closing Date, the Seller shall deposit in the Capitalized Interest Account the Original Capitalized Interest Amount. On the Business Day preceding any Payment Date occurring during the Pre-Funding Period, the [Administrator] shall withdraw from the Capitalized Interest Account an amount equal to the Capitalized Interest Requirement for deposit into the Distribution Account for distribution to Certificateholders in accordance with this Article VI on such Payment Date.

The Capitalized Interest Account. (a) The [Administrator] Trustee shall establish and maintain a trust account (the “Capitalized Interest Account”). The Capitalized Interest Account shall be entitled “Capitalized Interest Account, in trust for the benefit of the Holders of Bayview Mortgage Pass-Through Certificates, Series [ ].” The Capitalized Interest Account shall be an Eligible Account. On the Closing Date, the Seller shall deposit in the Capitalized Interest Account the Original Capitalized Interest Amount. On the Business Day preceding any Payment Distribution Date occurring during the Pre-Funding Period, the [Administrator] Trustee shall withdraw from the Capitalized Interest Account an amount equal to the Capitalized Interest Requirement for deposit into the Distribution Account for distribution to Certificateholders in accordance with this Article VI on such Payment Distribution Date.

The Capitalized Interest Account. (a) The [Administrator] shall establish and maintain a trust account (the “Capitalized Interest Account”). The Capitalized Interest Account shall be entitled “Capitalized Interest Account, in trust for the benefit of the Holders of Bayview Mortgage Pass-Through Certificates, Series Commercial Asset Trust 20[ ]-[ ] Asset Backed Securities.” The Capitalized Interest Account shall be an Eligible Account. On the Closing Date, the Seller shall deposit in the Capitalized Interest Account the Original Capitalized Interest Amount. On the Business Day preceding any Payment Date occurring during the Pre-Funding Period, the [Administrator] shall withdraw from the Capitalized Interest Account an amount equal to the Capitalized Interest Requirement for deposit into the Distribution Account for distribution to Certificateholders in accordance with this Article VI on such Payment Date.

The Capitalized Interest Account. (a) The [Administrator] Trustee shall establish and maintain a trust account (the “Capitalized Interest Account”). The Capitalized Interest Account shall be entitled “Capitalized Interest Account, in trust for the benefit of the Holders of Bayview Commercial Asset Trust 20[ ]-[ ] Mortgage Pass-Through Certificates, Series [ ].” The Capitalized Interest Account shall be an Eligible Account. On the Closing Date, the Seller shall deposit in the Capitalized Interest Account the Original Capitalized Interest Amount. On the Business Day preceding any Payment Distribution Date occurring during the Pre-Funding Period, the [Administrator] Trustee shall withdraw from the Capitalized Interest Account an amount equal to the Capitalized Interest Requirement for deposit into the Distribution Account for distribution to Certificateholders in accordance with this Article VI on such Payment Distribution Date.

The Capitalized Interest Account. (a) The [Administrator] Administrator shall establish and maintain a trust account (the “Capitalized Interest Account”). The Capitalized Interest Account shall be entitled “Capitalized Interest Account, in trust for the benefit of the Holders of Bayview Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Series [ ].” The Capitalized Interest Account shall be an Eligible Account. On the Closing Date, the Seller shall deposit in the Capitalized Interest Account the Original Capitalized Interest Amount. On the Business Day preceding any Payment Distribution Date occurring during the Pre-Funding Period, the [Administrator] Administrator shall withdraw from the Capitalized Interest Account an amount equal to the Capitalized Interest Requirement for deposit into the Distribution Account for distribution to Certificateholders in accordance with this Article VI IV on such Payment Distribution Date.