Common use of Transaction Accounts Clause in Contracts

Transaction Accounts. (a) On or prior to the Closing Date, the Servicer on behalf of the Issuer shall establish and maintain, in the name of the Trustee, for the benefit of the Noteholders, and the Certificateholder, the Transaction Accounts (other than the Principal and Interest Accounts which shall be in the name of the Servicer) as provided in Section 7.01 of the Sale and Servicing Agreement.

Transaction Accounts. (a) On or prior to the Closing Date, the Servicer on behalf of the Issuer shall establish and maintain, in the name of the Trustee, for the benefit of the Noteholders, Noteholders and the CertificateholderCertificateholders, the Transaction Accounts (other than the Principal and Interest Accounts which shall be in the name of the Servicer) as provided in Section 7.01 of the Sale and Servicing Agreement.

Transaction Accounts. (a) On or prior to the Closing Date, the Servicer on behalf of the Issuer shall establish and maintain, in the name of the Trustee, for the benefit of the Noteholders, Noteholders and the Certificateholder, the Transaction Accounts (other than the Principal and Interest Accounts Account and the Exposure Reserve Account, which shall be in the name of the ServicerIssuer) as provided in Section 7.01 of the Sale and Servicing Agreement.

Transaction Accounts. (a) On or prior to the Closing Date, the Servicer on behalf of the Issuer shall establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders, and the Certificateholder, the Transaction Accounts (other than the Principal and Interest Accounts which shall be in the name of the Servicer) as provided in Section 7.01 of the Sale and Servicing Agreement.