Common use of Grantor Trust Administration Clause in Contracts

Grantor Trust Administration. (a) The Trustee and the Securities Administrator shall treat the portions of the Trust consisting of the Cap Carryover Reserve Account and the Supplemental Interest Trust and rights and obligations with respect thereto as the Class CE Grantor Trust and provisions of this Agreement shall be interpreted consistently with this treatment.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-6 Trust), Pooling and Servicing Agreement (Banc of America Funding 2007-a Trust), Pooling and Servicing Agreement (Banc of America Funding Corp)

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Grantor Trust Administration. (a) The Trustee and the Securities Administrator shall treat the portions of the Trust consisting of the Cap Carryover Reserve Reseve Account and the Supplemental Interest Trust and rights and obligations with respect thereto as the Class CE Grantor Trust Trust, and provisions of this Agreement shall be interpreted consistently with this treatment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-3 Trust)

Grantor Trust Administration. (a) The Trustee and the Securities Administrator shall treat the portions of the Trust consisting of the Rate Cap Carryover Reserve Account and the Supplemental Interest Trust and rights and obligations with respect thereto as the Class CE Grantor Trust and provisions of this Agreement shall be interpreted consistently with this treatment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-B Trust)

Grantor Trust Administration. (a) The Trustee and the Securities Administrator shall treat the portions of the Trust consisting of the Cap Carryover Reserve Account and the Supplemental Interest Trust and rights and obligations with respect thereto as the Class CE Grantor Trust and provisions of this Agreement shall be interpreted consistently with this treatment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)

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Grantor Trust Administration. (a) The Trustee and the Securities Administrator shall treat the portions of the Trust consisting of the Cap Carryover Reserve Reseve Account and the Supplemental Interest Trust and rights and obligations with respect thereto as the Class CE Grantor Trust, and the portions of the Trust consisting of the Class 2-A-10 Reserve Fund and Class 2-A-10 Interest Rate Cap Agreement and rights and obligations with respect thereto as the Class 2-A-10 Grantor Trust, and provisions of this Agreement shall be interpreted consistently with this treatment.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-4 Trust)

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