Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Depositor, the Reserve Account Initial Deposit into the Reserve Account.
Appears in 98 contracts
Samples: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-B), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-B), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-A)
Reserve Account. (a) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Deposit Account from the net proceeds of the sale of the Notes which amount shall be allocated to the Reserve Account.
Appears in 35 contracts
Samples: Sale and Servicing Agreement (Chrysler Financial Auto Securitization Trust 2009-B), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-B), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-A)
Reserve Account. (a) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the DepositorCompany, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes and the Certificates.
Appears in 9 contracts
Samples: Form of Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Form of Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Sale and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Reserve Account.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC), Sale and Servicing Agreement (World Omni Auto Receivables LLC), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2005-A)
Reserve Account. (a) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Premier Auto Trust 1998-1), Sale and Servicing Agreement (Premier Auto Trust 1998-3), Sale and Servicing Agreement (Premier Auto Trust 1997-2)
Reserve Account. (a) (i) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the Depositor, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes and the Certificates.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Nal Financial Group Inc), Sale and Servicing Agreement (Nal Financial Group Inc), Sale and Servicing Agreement (Nal Financial Group Inc)
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Depositor, Transferor shall deposit the Reserve Account Initial Deposit into the Reserve Account.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va)
Reserve Account. (a) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Collection Account from the net proceeds of the sale of the Notes which amount shall be allocated to the Reserve Account.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Premier Auto Trust 1999-1), Sale and Servicing Agreement (Premier Auto Trust 1999-2), Sale and Servicing Agreement (Premier Auto Trust 1998 4)
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Depositor, Initial Beneficial Holder shall deposit the Reserve Account Initial Deposit into the Reserve Account.
Appears in 3 contracts
Samples: Master Servicing Agreement (Gs Mortgage Securities Corp), Master Servicing Agreement (Gs Mortgage Securities Corp), Master Servicing Agreement (Gs Mortgage Securities Corp)
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Depositor, Seller shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Reserve Account shall be the property of the Issuer, subject to the rights of the Indenture Trustee in the Reserve Account Property.
Appears in 3 contracts
Samples: Indenture (Navistar Financial Retail Receivables Corporation), Navistar Financial Retail Receivables Corporation, Navistar Financial Retail Receivables Corporation
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the DepositorCompany, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Certificates.
Appears in 2 contracts
Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)
Reserve Account. (a) On the Closing Date, the Indenture Owner --------------- Trustee will deposit, on behalf of the Depositor, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes and the Certificates.
Appears in 1 contract
Samples: Form of Sale and Servicing Agreement (Morgan Stanley Abs Capital Ii Inc)
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Certificates.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (World Omni Auto Receivables LLC)
Reserve Account. (a) On the Closing Date, the Indenture Trustee will deposit, on behalf of the Depositor, Depositor shall deposit the Reserve Account Initial Deposit into the Reserve Account.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Crestar Securitization LLC)
Reserve Account. (a) On the Closing Date, the Indenture Owner --------------- Trustee will deposit, on behalf of the DepositorCompany, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes and the Certificates.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Asset Backed Securities Corp)
Reserve Account. (ai) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Collection Account from the net proceeds of the sale of the Notes which amount shall be allocated to the Reserve Account.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Premier Auto Trust 1998 5)
Reserve Account. (a) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the DepositorSeller, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes and the Certificates.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Premier Auto Trust 1996-4)
Reserve Account. (a) On the Closing Date, the Indenture Owner Trustee will deposit, on behalf of the Depositor, the Reserve Account Initial Deposit into the Reserve AccountAccount from the net proceeds of the sale of the Notes and the Certificates.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Citigroup Vehicle Securities Inc)
