Common use of Interest Coverage Account Clause in Contracts

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________, as Trustee for the registered holders of Long Beach Securities Corp., [__] Floating Rate Mortgage Pass-Through Certificates, Series ____-___" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Long Beach Ameriquest Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___11" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________, as Trustee for the registered holders of Long Beach Boardwalk Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Boardwalk Asset-Backed Pass-Through Certificates, Series ____-___" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated non-interest bearing trust account that is an Eligible Account, which shall be titled "“Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Long Beach Securities Corp.Mortgage Loan Trust 2006‑9, [__] Floating Rate Mortgage PassAsset-Through Backed Certificates, Series ____-___" 2006‑9” (the "“Interest Coverage Account"”). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated non-interest bearing trust account that is an Eligible Account, which shall be titled "“Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Long Beach Securities Corp.Mortgage Loan Trust 2006‑10, [__] Floating Rate Mortgage PassAsset-Through Backed Certificates, Series ____-___" 2006‑10” (the "“Interest Coverage Account"”). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated non-interest bearing trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Long Beach Securities Corp.Mortgage Loan Trust 2006-3, [__] Floating Rate Mortgage PassAsset-Through Backed Certificates, Series ____2006-___3" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________First Trust National Association, as Trustee trustee for the registered holders of Long Beach Salomon Brothers Mortgage Securities Corp.VII, [__] Inc., New Century Asset-Backed Floating Rate Mortgage Pass-Through Certificates, Series ____1997-___NC4" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________, as Trustee for the registered holders of Long Beach Securities Corp., [New Century Home Equity Loan Trust __] Floating Rate Mortgage ___, Asset-Backed Pass-Through Certificates, Series ____-___" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Accountaccount, which shall be titled "Interest Coverage Account, ____________________Bank One, National Association, as Trustee trustee for the registered holders of Long Beach Securities Corp.Structured Asset Mortgage Investments Inc., [__] Floating Rate Mortgage Pass-Pass- Through Certificates, Series ____2002-___AR2" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the DepositorSeller. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders of Long Beach Ameriquest Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___5" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date 105 to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Accountaccount, which shall be titled "Interest Coverage Account, ____________________Bank One, National Association, as Trustee trustee for the registered holders of Long Beach Securities Corp.Bear Xxxxxxx Arm Trust, [__] Floating Rate Mortgage Pass-Through Certificates, Series ____2002-___11" (the "Interest Coverage Account"). The Interest Coverage Account shall be an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the DepositorSeller. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Long Beach Ameriquest Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___13" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders of Long Beach Argent Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2004-___W7" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated non-interest bearing trust account that is an Eligible Account, which shall be titled "“Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee trustee for the registered holders of Long Beach Securities Corp.Mortgage Loan Trust 2006-4, [__] Floating Rate Mortgage PassAsset-Through Backed Certificates, Series ____2006-___" 4” (the "“Interest Coverage Account"”). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.. 158

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, __________________________, as Trustee trustee for the registered holders of Long Beach Securities Corp.New Century Mortgage Securities, [__] Floating Rate Inc., Mortgage Pass-Through Certificates, Series 199___-____-___" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders of Long Beach Ameriquest Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___5" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders Holders of Long Beach Ameriquest Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___8" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "“Interest Coverage Account, ____________________Wxxxx Fargo Bank, N.A., as Trustee trustee for the registered holders of Long Beach Securities Corp.Option One Mortgage Loan Trust 2005-4, [__] Floating Rate Mortgage PassAsset-Through Backed Certificates, Series ____2005-___4" (the "“Interest Coverage Account"”). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________, as Trustee for the registered holders of Long Beach Securities Corp.Park Place Securities, [__] Floating Rate Mortgage Inc., Park Place Asset-Backed Pass-Through Certificates, Series ____-___" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders of Long Beach Ameriquest Mortgage Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___6" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders of Long Beach Argent Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___W9" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Interest Coverage Account. (a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account that is an Eligible Account, which shall be titled "Interest Coverage Account, ____________________Deutsche Bank National Trust Company, as Trustee for the registered holders of Long Beach Argent Securities Corp.Inc., [__] Floating Rate Mortgage Asset-Backed Pass-Through Certificates, Series ____2003-___W1" (the "Interest Coverage Account"). The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount Amount, remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.