Common use of Optional Deposits by the Insurer Clause in Contracts

Optional Deposits by the Insurer. The Insurer shall at any time, and from time to time, with respect to a Payment Date, have the option to deliver amounts (any such amount, an “Insurer Optional Deposit”) to the Indenture Trustee for deposit into the Collection Account for any of the following purposes: (i) to provide funds in respect of the payment of reasonable fees or expenses of any provider of services to the Trust with respect to such Payment Date, (ii) to pay Class A Monthly Principal or (iii) to include such amount as part of the Monthly Interest for such Payment Date to the extent that without such amount a draw would be required to be made on the Policy.

Optional Deposits by the Insurer. The Insurer shall at any time, and from time to time, with respect to a Payment Date, have the option to deliver amounts (any such amount, an “"Insurer Optional Deposit”") to the Indenture Trustee for deposit into the Collection Account for any of the following purposes: (i) to provide funds in respect of the payment of reasonable fees or expenses of any provider of services to the Trust with respect to such Payment Date, (ii) to pay Class A Monthly Principal or (iii) to include such amount as part of the Monthly Interest for such Payment Date to the extent that without such amount a draw would be required to be made on the Policy.. 47 Indenture

Optional Deposits by the Insurer. The Insurer shall at any time, and from time to time, with respect to a Payment Date, have the option to deliver amounts (any such amount, an “"Insurer Optional Deposit”") to the Indenture Trustee for deposit into the Collection Account for any of the following purposes: (i) to provide funds in respect of the payment of reasonable fees or expenses of any provider of services to the Trust with respect to such Payment Date, (ii) to pay Class A Monthly Principal or (iii) to include such amount as part of the Monthly Interest for such Payment Date to the extent that without such amount a draw would be required to be made on the Policy.