Common use of Class P Reserve Account Clause in Contracts

Class P Reserve Account. (a) On or before the Closing Date, the Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Bank National Association as Trustee for the benefit of holders of Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QA2," (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted by the Master Servicer on the Certificate Account Deposit Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, upon receipt thereof. Funds on deposit in the Class P Reserve Account shall be held in trust by the Trustee for the holder of the Class P Certificates.

Class P Reserve Account. (a) On or before the Closing Date, the The Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Deutsche Bank National Association Trust Company Americas, as Trustee for the benefit of holders of Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QA2QA3," (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted by the Master Servicer on the Certificate Account Deposit Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, upon receipt thereof. Funds on deposit in the Class P Reserve Account shall be held in trust by the Trustee for the holder of the Class P Certificates.

Class P Reserve Account. (a) On or before the Closing Date, the Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Deutsche Bank National Association Trust Company Americas, as Trustee for the benefit of holders Holders of Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 20062007-QA2QO1," (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, an amount equal to the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted deposited by the Master Servicer on the Certificate Account Deposit Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, Account upon receipt thereof. Funds on deposit in the Class P Reserve Account shall be held in trust by the Trustee for the holder of the Class P Certificates. Amounts on deposit in the Class P Reserve Account shall be held uninvested, and the Trustee shall have no liability for interest or other compensation thereon.

Class P Reserve Account. (a) On or before the Closing Date, the Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Bank National Association as Trustee for the benefit of holders of Residential Accredit LoansWachovia Mortgage Loan Trust, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QA2,ALT1" (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master a Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted by the Master applicable Servicer on the Certificate Account Deposit Servicer Remittance Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, upon receipt thereof. Funds on deposit in the Class P Reserve Account shall remain uninvested and shall be held in trust by the Trustee for the holder of the Class P Certificates.

Class P Reserve Account. (a) On or before the Closing Date, the Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Deutsche Bank National Association Trust Company Americas as Trustee for the benefit of holders of Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 20062005-QA2QO5," (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted by the Master Servicer on the Certificate Account Deposit Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, upon receipt thereof. Funds on deposit in the Class P Reserve Account shall be held in trust by the Trustee for the holder of the Class P Certificates.

Class P Reserve Account. (a) On or before the Closing Date, the Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Bank National Association as Trustee for the benefit of holders of Residential Accredit LoansWachovia Mortgage Loan Trust, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QA2,AMN1" (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted by the Master Servicer on the Certificate Account Deposit Servicer Remittance Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, upon receipt thereof. Funds on deposit in the Class P Reserve Account shall remain uninvested and shall be held in trust by the Trustee for the holder of the Class P Certificates.

Class P Reserve Account. (a) On or before the Closing Date, the Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "Class P Reserve Account, U.S. Deutsche Bank National Association Trust Company Americas, as Trustee for the benefit of holders Holders of Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 20062007-QA2QO2," (the "Class P Reserve Account"). On the Closing Date, the Depositor will cause, on behalf of the Trust, an amount equal to the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted deposited by the Master Servicer on the Certificate Account Deposit Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, Account upon receipt thereof. Funds on deposit in the Class P Reserve Account shall be held in trust by the Trustee for the holder of the Class P Certificates. Amounts on deposit in the Class P Reserve Account shall be held uninvested, and the Trustee shall have no liability for interest or other compensation thereon.

Class P Reserve Account. (a) On or before the Closing Date, the The Trustee shall establish a Class P Reserve Account on behalf of the Holders of the Class P Certificates. The Class P Reserve Account must be an Eligible Account. The Class P Reserve Account shall be entitled "“Class P Reserve Account, U.S. Deutsche Bank National Association Trust Company Americas, as Trustee for the benefit of holders of Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QA2QA5," ” (the "“Class P Reserve Account"”). On the Closing Date, the Depositor will cause, on behalf of the Trust, the Class P Reserve Account Amount to be deposited into the Class P Reserve Account. In addition, all amounts received by the Master Servicer in connection with Prepayment Charges on the Prepayment Charge Loans shall be remitted by the Master Servicer on the Certificate Account Deposit Date to the Trustee and shall be deposited by the Trustee into the Class P Reserve Account, at the direction of the Master Servicer, upon receipt thereof. Funds on deposit in the Class P Reserve Account shall be held in trust by the Trustee for the holder of the Class P Certificates.