Additional Interest Account definition

Additional Interest Account. The segregated account, accounts or subaccounts created and maintained by the Trustee pursuant to Section 3.04(d) which shall be entitled “Xxxxx Fargo Bank, N.A., as Trustee, in trust for the registered holders of Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2007-C31, Additional Interest Account.” The Additional Interest Account shall not be an asset of either REMIC I or REMIC II.
Additional Interest Account. The segregated account or accounts (which may be a sub-account of the Distribution Account) created and maintained by the Trustee pursuant to Section 3.04(d) which shall be entitled "LaSalle Bank National Association as Trustee, in trust for the registered holders of Xxxxxxx Xxxxx Mortgage Trust 2005-CKI1, Commercial Mortgage Pass-Through Certificates, Series 2005-CKI1, Additional Interest Account". The Additional Interest Account shall not be an asset of either REMIC I or REMIC II.
Additional Interest Account. The segregated account, accounts or subaccounts created and maintained by the Trustee pursuant to Section 3.04(d) which shall be entitled "[NAME OF TRUSTEE], as Trustee, in trust for the registered holders of [Insert name of issuing trust], Commercial Mortgage Pass-Through Certificates, Series 200_-___, Additional Interest Account". The Additional Interest Account shall not be an asset of any REMIC Pool.

Examples of Additional Interest Account in a sentence

  • On or after the Final Distribution Date, upon presentation and surrender of the Class Certificates, the Paying Agent shall distribute to the Class Z Certificateholders any amount then on deposit in the Additional Interest Account that was paid on a Mortgage Loan.

  • The Class Z Certificates are hereby designated as representing an undivided, beneficial interest in Additional Interest payable on the Mortgage Loans and proceeds thereof in the Additional Interest Account.

  • Additional Interest Account, Distribution Account, Gain-on-Sale Reserve Account and Loan Combination Custodial Accounts.

  • On or after the final Distribution Date, upon presentation and surrender of the Class Z Certificates, the Trustee shall distribute to the Class Z Certificateholders any amount then on deposit in the Additional Interest Account.

  • Funds held in the Distribution Account, the Companion Distribution Account, the Additional Interest Account, the Interest Reserve Account and the Gain-on-Sale Reserve Account may remain uninvested.


More Definitions of Additional Interest Account

Additional Interest Account. The segregated account, accounts or subaccounts created and maintained by the Certificate Administrator pursuant to Section 3.04(d) on behalf of the Trustee in trust for the Certificateholders, which shall be entitled "[NAME OF CERTIFICATE ADMINISTRATOR], as Certificate Administrator, for [NAME OF TRUSTEE], as Trustee, in trust for the registered holders of Citigroup Commercial Mortgage Trust 2007-C6, Commercial Mortgage Pass-Through Certificates, Series 2007-C6, Additional Interest Account". The Additional Interest Account shall not be an asset of any REMIC Pool.
Additional Interest Account. The segregated account or accounts created and maintained by the Paying Agent pursuant to Section 3.04(d) which shall be entitled "Wxxxx Fargo Bank Minnesota, N.A., as Trustee, in trust for the registered holders of First Union National Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2002-C1, Additional Interest Account." The Additional Interest Account shall not be an asset of REMIC I or REMIC II.
Additional Interest Account. The segregated account or accounts created and maintained by the Trustee pursuant to Section 3.04(d) which shall be entitled "LaSalle Bank National Association as Trustee, in trust for the registered holders of Xxxxxxx Xxxxx Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2002-MW1, Additional Interest Account." The Additional Interest Account shall not be an asset of any of REMIC I or REMIC II.
Additional Interest Account has the meaning set forth in Section 5.6 of the Base Indenture.
Additional Interest Account. The segregated account or accounts (which may be a sub-account of the Distribution Account) created and maintained by the Certificate Administrator pursuant to Section 3.04(d), which shall be entitled "LaSalle Bank National Association as Certificate Administrator, for U.S. Bank National Association, as Trustee, in trust for the registered holders of Xxxxxxx Xxxxx Mortgage Trust 2006-C1, Commercial Mortgage Pass-Through Certificates, Series 2006-C1, Additional Interest Account". The Additional Interest Account shall not be an asset of either REMIC I or REMIC II.
Additional Interest Account. The segregated account or accounts (which may be a sub-account of the Distribution Account) created and maintained by the Trustee pursuant to Section 3.04(d), which shall be entitled (in the case of a sub-account, if such sub-account is permitted to be separately titled) "LaSalle Bank National Association as Trustee, in trust for the registered holders of ML-CFC Commercial Mortgage Trust 2007-6, Commercial Mortgage Pass-Through Certificates, Series 2007-6, Additional Interest Account". The sub-account or portion of the Additional Interest Account consisting of the ARD Loan Additional Interest shall not be an asset of any of REMIC I or REMIC II.
Additional Interest Account. The segregated account, accounts or subaccounts created and maintained by the Trustee pursuant to Section 3.04(d) which shall be entitled “Xxxxx Fargo Bank, N.A., as Trustee, in trust for the registered holders of Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2006-C28, Additional Interest Account.” The Additional Interest Account shall not be an asset of any of the Four Seasons Resort and Club - Dallas, TX Loan REMIC, REMIC I or REMIC II.