Additional Interest Account definition
Examples of Additional Interest Account in a sentence
The Court already ruled in Case No. 16 CV 50160 that Plaintiff’s psychiatrists have provided medically appropriate mental health treatment.
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.
The Trustee shall also deposit into the Additional Interest Account any amounts required to be deposited by the Trustee pursuant to Section 3.06 in connection with losses incurred with respect to Permitted Investments of funds held 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.