Common use of Establishment of Trust Accounts Clause in Contracts

Establishment of Trust Accounts. (a) Prior to the Closing Date, the Master Servicer shall open, at a depository institution (which may be the Indenture Trustee, the Bank or the Master Servicer), the following accounts (the "Trust Accounts"):

Appears in 18 contracts

Samples: Sale and Servicing Agreement (WFS Financial Auto Loans Inc), Sale and Servicing Agreement (WFS Financial 1998 a Owner Trust), Sale and Servicing Agreement (WFS Receivables Corp)

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Establishment of Trust Accounts. (a) Prior to the Closing Date, the Master Servicer shall open, at a depository institution (which may be the Indenture Trustee, the Bank Trustee or the Master ServicerBank), the following accounts (the "Trust Accounts"):

Appears in 18 contracts

Samples: Sale and Servicing Agreement (WFS Financial 2005-2 Owner Trust), Sale and Servicing Agreement (WFS Financial 2005-1 Owner Trust), Sale and Servicing Agreement (WFS Receivables Corp 3)

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