Maine 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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Word; 
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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

Maine Subsequent Contribution Agreement is a legal contract between Prudential Securities Secured Financing Corporation and ABCs Mortgage Loan Trust. This agreement outlines the terms and conditions under which subsequent contributions will be made by Prudential Securities Secured Financing Corporation to ABCs Mortgage Loan Trust. In a Maine Subsequent Contribution Agreement, Prudential Securities Secured Financing Corporation agrees to provide additional funds to ABCs Mortgage Loan Trust as subsequent contributions. These subsequent contributions serve as additional financing for various mortgage loans held by ABCs Mortgage Loan Trust. The agreement clearly specifies the amount of subsequent contributions, the timing, and the manner in which they will be made. This type of agreement is commonly used in the mortgage industry to provide additional capital to support the ongoing operations and activities of mortgage loan trusts. It helps to ensure the stability and liquidity of the trust by allowing for additional investment from Prudential Securities Secured Financing Corporation. Additionally, the Maine Subsequent Contribution Agreement may have different variations or types, depending on the specific terms and conditions agreed upon by both parties. Some possible types of agreements could include but are not limited to: 1. Fixed Amount Agreement: — In this type of agreement, Prudential Securities Secured Financing Corporation commits to providing a fixed amount of subsequent contributions to ABCs Mortgage Loan Trust. The amount is predetermined and remains constant throughout the term of the agreement. 2. Variable Amount Agreement: — This type of agreement allows for flexibility in subsequent contributions. The amount can vary based on certain factors such as the performance or size of the mortgage loan portfolio. The specific formula or criteria for determining the subsequent contribution amount will be defined in the agreement. 3. Term-based Agreement: — A term-based agreement sets a specific duration or term during which Prudential Securities Secured Financing Corporation is obligated to make subsequent contributions. Once the term expires, the agreement may either be renewed or terminated based on the mutual consent of both parties. 4. Performance-based Agreement: — In this scenario, subsequent contributions are tied to the performance of the mortgage loan portfolio held by ABCs Mortgage Loan Trust. If the portfolio meets predetermined performance targets, Prudential Securities Secured Financing Corporation may be required to make subsequent contributions. Conversely, if the portfolio underperforms, subsequent contributions may be reduced or suspended. These are some potential variations of Maine Subsequent Contribution Agreements, but the specific terms and conditions may vary depending on the negotiations and requirements of Prudential Securities Secured Financing Corporation and ABCs Mortgage Loan Trust.

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

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