Common use of Securities Exchange Act Clause in Contracts

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) access. -------------------- --------------------------------------------------------------------- ------------------ -------------- Reconciliations are prepared on a monthly basis for all X asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of 1122(d)(2)(vii) their -------------------- --------------------------------------------------------------------- ------------------ -------------- Exh. H-1

Appears in 5 contracts

Samples: Servicing Agreement (Banc of America Funding 2006-5 Trust), Servicing Agreement (Banc of America Funding 2007-4 Trust), Servicing Agreement (Banc of America Funding 2006-8t2 Trust)

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Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) unauthorized access. -------------------- --------------------------------------------------------------------- ------------------ -------------- -------------------------------------------------------------------------------------------------------- Reconciliations are prepared on a monthly basis for all X asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction 1122(d)(2)(vii) their -------------------- --------------------------------------------------------------------- ------------------ -------------- Exhagreements. H-1--------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RAMP Series 2007-Rs1 Trust)

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) unauthorized access. -------------------- --------------------------------------------------------------------- ------------------ -------------- ------------------------------------------------------------------------------------------------------------ Reconciliations are prepared on a monthly basis for all X asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction 1122(d)(2)(vii) their -------------------- --------------------------------------------------------------------- ------------------ -------------- Exhagreements. H-1------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Trust Agreement (Residential Accredit Loans Inc)

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Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) prevent unauthorized access. -------------------- --------------------------------------------------------------------- ------------------ -------------- ---------------------------------------------------------------------------------------------------------------------------------- Reconciliations are prepared on a monthly basis for all X asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and X approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days 1122(d)(2)(vii) their -------------------- --------------------------------------------------------------------- ------------------ -------------- Exhspecified in the transaction agreements. H-1----------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Servicing and Trust Agreement (GSAA Home Equity Trust 2007-6)

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