Common use of Establishment and Maintenance of Certificate Accounts; Records Clause in Contracts

Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more segregated accounts in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.

Appears in 7 contracts

Samples: Master Trust Agreement, Federal National Mortgage Association, Federal National Mortgage Association

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Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more segregated accounts in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Xxx Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.

Appears in 5 contracts

Samples: Federal National Mortgage Association, Family Master Trust Agreement, Federal National Mortgage Association

Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more segregated accounts in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.

Appears in 4 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more segregated accounts in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.Trust.β€Œ

Appears in 3 contracts

Samples: Multifamily Master Trust Agreement, Multifamily Master Trust Agreement, Trust Agreement

Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more segregated accounts in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Xxx Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.

Appears in 2 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement

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Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more a segregated accounts account in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.

Appears in 1 contract

Samples: Trust Agreement

Establishment and Maintenance of Certificate Accounts; Records. The Trustee will open with an Eligible Depository one or more segregated accounts in the name of the Trustee (or its designee) to hold funds for the benefit of the Holders under one or more Trusts. A Certificate Account may also contain funds that the Trustee holds in trust for Other Xxxxxx Mae Xxx Trusts, provided that the Trustee keeps, or causes to be kept, separate records of funds held with respect to each Trust.Trust.β€Œ

Appears in 1 contract

Samples: Multifamily Master Trust Agreement

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