Common use of THE SPREAD ACCOUNT Clause in Contracts

THE SPREAD ACCOUNT. Lender acknowledges that pursuant to the Spread Account Agreement, Borrower, as holder of the Certificate, has pledged and created a security interest in certain funds and property in the account designated in the Spread Account Agreement as the "Series 2000-2

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

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THE SPREAD ACCOUNT. Lender acknowledges that pursuant to the Spread Account Agreement, Borrower, as holder of the Certificate, has pledged and created a security interest in certain funds and property in the account designated in the Spread Account Agreement as the "Series 20001999-21

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

THE SPREAD ACCOUNT. Lender acknowledges that pursuant to the Spread Account Agreement, Borrower, as holder of the Certificate, has pledged and created a security interest in certain funds and property in the account designated in the Spread Account Agreement as the "Series 20001999-2

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

THE SPREAD ACCOUNT. Lender acknowledges that pursuant to the Spread Account Agreement, Borrower, as holder of the Certificate, has pledged and created a security interest in certain funds and property in the account designated in the Spread Account Agreement as the "Series 20002001-2A Spread Account." Lender acknowledges that the pledge and grant of the security interest created herein in no way impairs or affects Borrower's pledge of such funds and property.

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

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THE SPREAD ACCOUNT. Lender acknowledges that pursuant to the Spread Account Agreement, Borrower, as holder of the Certificate, has pledged and created a security interest in certain funds and property in the account designated in the Spread Account Agreement as the "Series 2000-21

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

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