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Virginia Subsequent Contribution Agreement between Prudential Securities Secured Financing Corporation and ABFS Mortgage Loan Trust

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Multi-State
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US-EG-9063
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Subsequent Contribution Agreement between Prudential Securities Secured Financing Corporation and ABFS Mortgage Loan Trust 1999-4 dated 00/99. 4 pages Title: Understanding the Virginia Subsequent Contribution Agreement between Prudential Securities Secured Financing Corporation and ABCs Mortgage Loan Trust Keywords: Virginia Subsequent Contribution Agreement, Prudential Securities Secured Financing Corporation, ABCs Mortgage Loan Trust, Detailed description Introduction: The Virginia Subsequent Contribution Agreement is a legal document that governs the relationship between Prudential Securities Secured Financing Corporation and ABCs Mortgage Loan Trust. This agreement outlines the terms and conditions regarding the subsequent contributions made by Prudential Securities to ABCs Mortgage Loan Trust. 1. Purpose of the Agreement: The primary objective of the Virginia Subsequent Contribution Agreement is to establish a framework that enables Prudential Securities Secured Financing Corporation to contribute additional funds or assets to ABCs Mortgage Loan Trust. This helps ensure adequate capitalization and liquidity for mortgage loans and related assets held by ABCs Mortgage Loan Trust. 2. Terms and Conditions: The agreement outlines various terms and conditions that both parties must adhere to, including: — Amount of subsequent contributions: The agreement specifies the amount of funds or assets that Prudential Securities is obligated to contribute to ABCs Mortgage Loan Trust. — Timeframe for contributions: The agreement sets clear deadlines or intervals within which subsequent contributions should be made. — Acceptance of contributionsABCsFS Mortgage Loan Trust agrees to accept the subsequent contributions from Prudential Securities based on the terms mentioned in the agreement. — Approval process: The agreement may include provisions for obtaining necessary approvals or consents from relevant parties involved in the subsequent contribution process. — Documentation and records: Both parties must maintain accurate records and documentations related to the subsequent contributions as per legal and regulatory requirements. 3. Different Types of Virginia Subsequent Contribution Agreements: While the specific types of Virginia Subsequent Contribution Agreements can vary based on the unique circumstances of any given transaction, some possible variations include: — Fixed-sum subsequent contribution agreement: This type of agreement outlines a fixed amount that Prudential Securities agrees to contribute to ABCs Mortgage Loan Trust on pre-determined dates or at regular intervals. — Proportional subsequent contribution agreement: In this type of agreement, subsequent contributions are determined based on a specific proportion of the assets or portfolio held by Prudential Securities. — Performance-based subsequent contribution agreement: Here, the subsequent contributions are tied to the performance of ABCs Mortgage Loan Trust or certain benchmarks. Conclusion: The Virginia Subsequent Contribution Agreement plays a vital role in maintaining the financial stability and liquidity of ABCs Mortgage Loan Trust. By establishing clear terms and conditions for subsequent contributions, this agreement ensures that Prudential Securities Secured Financing Corporation fulfills its obligations and supports the growth of ABCs Mortgage Loan Trust effectively.

Title: Understanding the Virginia Subsequent Contribution Agreement between Prudential Securities Secured Financing Corporation and ABCs Mortgage Loan Trust Keywords: Virginia Subsequent Contribution Agreement, Prudential Securities Secured Financing Corporation, ABCs Mortgage Loan Trust, Detailed description Introduction: The Virginia Subsequent Contribution Agreement is a legal document that governs the relationship between Prudential Securities Secured Financing Corporation and ABCs Mortgage Loan Trust. This agreement outlines the terms and conditions regarding the subsequent contributions made by Prudential Securities to ABCs Mortgage Loan Trust. 1. Purpose of the Agreement: The primary objective of the Virginia Subsequent Contribution Agreement is to establish a framework that enables Prudential Securities Secured Financing Corporation to contribute additional funds or assets to ABCs Mortgage Loan Trust. This helps ensure adequate capitalization and liquidity for mortgage loans and related assets held by ABCs Mortgage Loan Trust. 2. Terms and Conditions: The agreement outlines various terms and conditions that both parties must adhere to, including: — Amount of subsequent contributions: The agreement specifies the amount of funds or assets that Prudential Securities is obligated to contribute to ABCs Mortgage Loan Trust. — Timeframe for contributions: The agreement sets clear deadlines or intervals within which subsequent contributions should be made. — Acceptance of contributionsABCsFS Mortgage Loan Trust agrees to accept the subsequent contributions from Prudential Securities based on the terms mentioned in the agreement. — Approval process: The agreement may include provisions for obtaining necessary approvals or consents from relevant parties involved in the subsequent contribution process. — Documentation and records: Both parties must maintain accurate records and documentations related to the subsequent contributions as per legal and regulatory requirements. 3. Different Types of Virginia Subsequent Contribution Agreements: While the specific types of Virginia Subsequent Contribution Agreements can vary based on the unique circumstances of any given transaction, some possible variations include: — Fixed-sum subsequent contribution agreement: This type of agreement outlines a fixed amount that Prudential Securities agrees to contribute to ABCs Mortgage Loan Trust on pre-determined dates or at regular intervals. — Proportional subsequent contribution agreement: In this type of agreement, subsequent contributions are determined based on a specific proportion of the assets or portfolio held by Prudential Securities. — Performance-based subsequent contribution agreement: Here, the subsequent contributions are tied to the performance of ABCs Mortgage Loan Trust or certain benchmarks. Conclusion: The Virginia Subsequent Contribution Agreement plays a vital role in maintaining the financial stability and liquidity of ABCs Mortgage Loan Trust. By establishing clear terms and conditions for subsequent contributions, this agreement ensures that Prudential Securities Secured Financing Corporation fulfills its obligations and supports the growth of ABCs Mortgage Loan Trust effectively.

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Virginia Subsequent Contribution Agreement between Prudential Securities Secured Financing Corporation and ABFS Mortgage Loan Trust