Common use of Accounts and Subaccounts Clause in Contracts

Accounts and Subaccounts. So long as any Series 2002-1 Notes are Outstanding, the following Accounts and Subaccounts, which are hereby established, shall be maintained by the Trustee or a Deposit Agent, as the case may be: in the Acquisition Fund, an Account to be known as the "Series 2002-1 Acquisition Account"; in the Administration Fund, an Account to be known as the "Series 2002-1 Administration Account" and an Account to be known as the "Series 2002-1 Cost of Issuance Account"; in the Reserve Fund, an Account to be known as the "Series 2002-1 Reserve Account"; in the Interest Account, a Subaccount to be known as the "Series 2002-1 Interest Subaccount"; in the Principal Account, a Subaccount to be known as the "Series 2002-1 Principal Subaccount"; in the Retirement Account, a Subaccount to be known as the "Series 2002-1 Retirement Subaccount"; in the Alternative Loan Guarantee Fund, an Account to be known as the "Series 2002-1 Alternative

Appears in 1 contract

Sources: Fourth Supplemental Indenture of Trust (Education Loans Inc /De)

Accounts and Subaccounts. So long as any Series 20022004-1 Notes are Outstanding, the following Accounts and Subaccounts, which are hereby established, shall be maintained by the Trustee or a Deposit Agent, as the case may be: in the Acquisition Fund, an Account to be known as the "Series 20022004-1 Acquisition Account" and an Account to be known as the "Series 2004-1 Capitalized Interest Account"; in the Administration Fund, an Account to be known as the "Series 20022004-1 Administration Account" and an Account to be known as the "Series 20022004-1 Cost of Issuance Account"; in the Reserve Fund, an Account to be known as the "Series 20022004-1 Reserve Account"; in the Interest Account, a Subaccount to be known as the "Series 20022004-1 Interest Subaccount"; in the Principal Account, a Subaccount to be known as the "Series 20022004-1 Principal Subaccount"; in the Retirement Account, a Subaccount to be known as the "Series 20022004-1 Retirement Subaccount"; in the Alternative Loan Guarantee Fund, an Account to be known as the "Series 2002-1 AlternativeGuarantee

Appears in 1 contract

Sources: First Supplemental Indenture of Trust (Education Loans Inc /De)