Accounts Distributions. (a) On or prior to the Closing Date, the Indenture Trustee shall establish and maintain or cause to be established and maintained, in the name of the Indenture Trustee for the benefit of the Noteholders and the Transferor, the Collection Account as provided in Article V of the Sale and Servicing Agreement into which amounts shall be deposited in accordance with the terms of the Sale and Servicing Agreement.
Accounts Distributions. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee for the benefit of the Owners and the Note Insurer, the Accounts as provided in the Sale and Servicing Agreement. The Indenture Trustee shall deposit amounts into the Accounts in accordance with the terms hereof and the Sale and Servicing Agreement.
Accounts Distributions. 53 SECTION 8.3 [Reserved].................................................................................54 SECTION 8.4 Master Servicer's Monthly Statements.......................................................54 SECTION 8.5 [Reserved].................................................................................54 SECTION 8.6
Accounts Distributions. Statements to Noteholders -------------------------
Accounts Distributions. 37 SECTION 8.3
Accounts Distributions. 39 SECTION 8.3
Accounts Distributions. 38 SECTION 8.3 General Provisions Regarding Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 SECTION 8.4 Servicer's Monthly Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 SECTION 8.5 Release of Collateral . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 SECTION 8.6
Accounts Distributions. 36 SECTION 8.3. General Provisions Regarding Accounts..................36 SECTION 8.4. Release of Collateral..................................36
Accounts Distributions. STATEMENTS TO NOTEHOLDERS -------------------------
Accounts Distributions. Section 4.01. Certificate Account; Security Distributions 18 Section 4.02. REMIC Trust Accounts; Distributions 18 Section 4.03. Investments. 19 Section 4.05. Withdrawals from Accounts. 20 ARTICLE V RESIDUAL CERTIFICATES Section 5.01. Execution, Authentication, Availability and Dating of the Residual Certificates 21 Section 5.02. Registration and Registration of Transfer of Residual Certificates 21 Section 5.03. Mutilated, Destroyed, Lost or Stolen Residual Certificates 23 Section 5.04. Persons Deemed Owners of the Residual Certificates 23 Section 5.05. Maintenance of Office or Agency for the Residual Certificates 23 Section 5.06. Reference in the Residual Certificates to Supplemental Agreements 24 Section 5.07. Amendment Relating to Transfers to Disqualified Organizations 24 Section 5.08. Demands, Notices, Communications 24 ARTICLE VI LIMITATION OF LIABILITY Section 6.01. General Limitation 25 Section 6.02. Measure of Liability 25 ARTICLE VII XXXXXX XXX Section 7.01. Resignation 26 Section 7.02. Merger or Consolidation 26 Section 7.03. Voting Under any SMBS Trust Agreement 26 Section 7.04. Succession Upon Default 27 Section 7.05. Xxxxxx Mae as Holder 28
