Common use of The Pre-Funding Account Clause in Contracts

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Trust Company of California, National Association, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2002-1" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

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The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 20022003-14" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2003-4)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Trust Company of California, National Association, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 20022001-14" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2002-13" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Collateralized Asset-Backed Bonds Series 2002-3)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2002-18" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Impac CMB Trust Series 2002-8)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2002-12" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2002-14F" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Servicing Agreement (Impac CMB Trust Series 2002-4f)

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The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Trust Company of California, National Association, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 20022001-13" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture, Dated as Of (Imh Assets Corp)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 20022003-18" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Impac CMB Trust Series 2003-8)

The Pre-Funding Account. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Pre-Funding Account, Bankers Deutsche Bank National Trust Company of California, National AssociationCompany, as indenture trustee for the registered holders of IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2002-16F" (the "Pre-Funding Account"). The Indenture 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 Indenture Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Indenture Trustee for the Bondholders and the Bond Insurer for the uses and purposes set forth herein.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp Impact CMB Trust Series 2002-7)

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