Common use of Cap Reserve Account Clause in Contracts

Cap Reserve Account. (a) The Securities Administrator shall establish and maintain in the name of the Trustee on behalf of the Trust, for the benefit of the Certificateholders, the Cap Reserve Account as a segregated trust account or accounts.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns ALT-A Trust, Series 2005-8), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust, Series 2005-5), Recognition Agreement (Bear Stearns ALT-A Trust 2006-1)

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Cap Reserve Account. (a) The Securities Administrator a)The Trustee shall establish and maintain in the name of the Trustee on behalf of the TrustTrustee, for the benefit of the Certificateholders, the Cap Reserve Account as a segregated trust account or accounts.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns BSALTA 2005-1)

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Cap Reserve Account. (a) The Securities Administrator Trustee shall establish and maintain in the name of the Trustee on behalf of the TrustTrustee, for the benefit of the Certificateholders, the Cap Reserve Account as a segregated trust account or accounts.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Ii Inc Bear Stearns Alt a Tr 05 2)

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