Supplemental Interest Trust Account definition

Supplemental Interest Trust Account. The account created pursuant to Section 5.07 of this Agreement.

Supplemental Interest Trust Account. The separate trust account created and maintained by the Supplemental Interest Trust Trustee pursuant to Section 4.10(a).

Supplemental Interest Trust Account. The Account created pursuant to Section 4.06(a).

Examples of Supplemental Interest Trust Account in a sentence

• The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account or Supplemental Interest Trust Account for payment hereunder and that neither the Trustee nor the Securities Administrator is liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

• The Supplemental Interest Trust 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.

• The Supplemental Interest Trust 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 monies, including, without limitation, other monies of the Securities Administrator held pursuant to this Agreement.

• The REMIC Administrator will make an election to treat the segregated pool of assets described in the definition of REMIC I (as defined herein) (including the Mortgage Loans but excluding the Supplemental Interest Trust Account, the Swap Agreement and the SB-AM Swap Agreement), and subject to this Agreement, as a REMIC (REMIC I) for federal income tax purposes.

• Includes $472,000 of actively managed fixed maturity securities and $889,700 of interest-only securities.

More Definitions of Supplemental Interest Trust Account

Supplemental Interest Trust Account. The separate account created and maintained pursuant to Section 4.09(a) hereof, which shall be entitled "DEUTSCHE BANK TRUST COMPANY AMERICAS, as trustee, in trust for the Class SB Certificateholder" and which must be an Eligible Account. Supplemental Interest Trust Trustee: Deutsche Bank Trust Company Americas, a New York banking corporation, not in its individual capacity, but solely in its capacity as trustee of the Supplemental Interest Trust, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee as may from time to time be serving as successor trustee hereunder.

Supplemental Interest Trust Account. The segregated trust account created and maintained by the Securities Administrator pursuant to Section 3.04(h) which shall be entitled "Supplemental Interest Trust Account, Wells Fargo Bank, N.A., as Securities Administrator for HSBC Bank USX, Xxtional Association, as Trustee, in trust for registered Holders of the LIBOR Certificates of Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Exxxxx Asset-Backed Certificates, Series 2006-3," and which must be an Eligible Account. Amounts on deposit in the Supplemental Interest Trust Account shall not be invested. The Supplemental Interest Trust Account shall not be an asset of any REMIC formed under this Agreement.

Supplemental Interest Trust Account. The account of that name created pursuant to Section 4.08 of this Agreement. Supplemental Interest Trust Trustee: Deutsche Bank National Trust Company, as trustee on behalf of the Supplemental Interest Trust.

Supplemental Interest Trust Account. The separate trust account created pursuant to Section 4.07 and maintained with the Supplemental Interest Trust Trustee, the Investment Depository or any Eligible Institution, which account shall be entitled “Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-AR10 Trust Supplemental Interest Trust Account.”

Supplemental Interest Trust Account. The segregated trust account, in which payments owed to or received from, the Swap Provider and the Cap Provider will be deposited.

Supplemental Interest Trust Account. As defined in Section 4.06. Swap Provider: Xxxxxxx Xxxxx Mitsui Marine Derivative Products, L.P., a Delaware limited partnership, and its successors in interest, and any successor swap provider under any replacement Interest Rate Swap Agreement.

Supplemental Interest Trust Account. The Supplemental Interest Trust Account created and maintained by the Securities Administrator, on behalf of the Supplemental Interest Trust, pursuant to Section 4.04 of this Agreement for the benefit of the Swap Provider and the Class A-1 and Class A-X Certificateholders and designated "Wells Fargo Bank, N.A. in the name of registered holders of BCAP LLC Trxxx 0008-IND2 Mortgage Pass-Through Certificates, Series 2008-IND2." The Supplemental Interest Trust Account shall consist of the amounts paid by the Swap Provider pursuant to the Interest Rate Swap Agreement and the amounts required to be deposited therein pursuant to Section 4.01(d), subject to the obligation to pay amounts specified in Section 4.04.