Common use of Supplemental Interest Trust Clause in Contracts

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Certificates (the “Supplemental Interest Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Jpmac 2007-Ch2), Pooling and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-He1), Pooling and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-Ch5)

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Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Certificates (the “Supplemental Interest Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series 2006-He7), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series AMQ 2007-He2), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series NC 2006-He2)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust TrusteeMaster Servicer, in trust, for the benefit of the holders of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee Master Servicer shall establish and maintain in its name, a separate account for the benefit of the holders of the Certificates (the “Supplemental Interest Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee Master Servicer held pursuant to this Agreement.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp)

Supplemental Interest Trust. (a) A separate trust is hereby established (the "Supplemental Interest Trust"), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Group 2 Certificates. On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Group 2 Certificates (the "Supplemental Interest Account"), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee Administrator held pursuant to this Agreement.

Appears in 2 contracts

Samples: Adjustable Rate Mortgage Loan Trust 2007-2, Adjustable Rate Mortgage Loan Trust 2007-2

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Offered Certificates and the Class B1 and Class B2 Certificates. On the Closing DateThe Trustee, as trustee of the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor LBH shall initially deposit $1,000. The Supplemental Interest Account Trust shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 2 contracts

Samples: Trust Agreement (SASCO Mortgage Loan Trust 2005-Wf3), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Securities Administrator on behalf of the Trustee as trustee of the Supplemental Interest Trust Trustee, in trustTrust, for the benefit of the holders Class X Certificateholders. The Securities Administrator, acting in its capacity as Securities Administrator of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneysmonies, including, without limitation, other moneys monies of the Supplemental Interest Trust Trustee Securities Administrator held pursuant to this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (HSI Asset Securitization CORP Trust 2005-I1), Pooling and Servicing Agreement (HASCO Trust 2005-Opt1)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Certificates (the “Supplemental Interest Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CSMC Asset-Backed Trust 2007-Nc1), Pooling and Servicing Agreement (CSMC Asset-Backed Trust 2007-Nc1)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Securities Administrator on behalf of the Trustee as trustee of the Supplemental Interest Trust Trustee, in trustTrust, for the benefit of the holders Class [X] Certificateholders. The Securities Administrator, acting in its capacity as Securities Administrator of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor shall initially deposit $1,000[ ]. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneysmonies, including, without limitation, other moneys monies of the Supplemental Interest Trust Trustee Securities Administrator held pursuant to this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Structured Asset Securities Corp), Pooling and Servicing Agreement (Hsi Asset Securitization Corp)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust TrusteeAdministrator, in trust, for the benefit of the holders of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee Administrator shall establish and maintain in its name, a separate account for the benefit of the holders of the Certificates (the “Supplemental Interest Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee Administrator held pursuant to this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6)

Supplemental Interest Trust. (a) A separate trust is hereby established (the "Supplemental Interest Trust"), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Class 6-A-1 Certificates. On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Class 6-A-1 Certificates (the "Supplemental Interest Account"), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee Administrator held pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse Adjustable Rate Mortgage Trust 2006-1)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the trustee of the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders Class X Certificateholders. The Securities Administrator is hereby appointed trustee of the CertificatesSupplemental Interest Trust. On the Closing Date, The trustee of the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Cap Account”), into which the Depositor shall initially deposit $1,000500 on the Closing Date. The Supplemental Interest Cap Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneysmonies, including, without limitation, other moneys monies of the Supplemental Interest Trust Trustee Securities Administrator held pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HSI Asset Loan Obligation Trust 2007-Wf1)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Offered Certificates and the Class B2 Certificates. On the Closing DateThe Trustee, as trustee of the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor LBH shall initially deposit $1,000. The Supplemental Interest Account Trust shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp 2005-Wf4)

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Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Offered Certificates and the Class B2 Certificates. On the Closing DateThe Trustee, as trustee of the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor [__________] shall initially deposit $1,000[_______]. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Securities Corp)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Senior Certificates and the Offered Subordinate Certificates. On the Closing DateThe Trustee, as trustee of the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor LBH shall initially deposit $1,0001,000 on the Closing Date. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2006-19)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Group 1 Senior Certificates and the Offered Subordinate Certificates. On the Closing DateThe Trustee, as trustee of the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor LBH shall initially deposit $1,0001,000 on the Closing Date. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2006-11)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Securities Administrator on behalf of the Trustee as trustee of the Supplemental Interest Trust Trustee, in trustTrust, for the benefit of the holders Class X Certificateholders. The Securities Administrator, acting in its capacity as Securities Administrator of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Swap Account”), into which the Depositor shall initially deposit $1,000500. The Supplemental Interest Swap Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneysmonies, including, without limitation, other moneys monies of the Supplemental Interest Trust Trustee Securities Administrator held pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HSI Asset Securitization Corp Pass-Through Certs Series 2006-Opt1)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Securities Administrator on behalf of the Trustee as trustee of the Supplemental Interest Trust Trustee, in trustTrust, for the benefit of the holders Class X Certificateholders. The Securities Administrator, acting in its capacity as Securities Administrator of the Certificates. On the Closing Date, the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneysmonies, including, without limitation, other moneys monies of the Supplemental Interest Trust Trustee Securities Administrator held pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff1)

Supplemental Interest Trust. (a) A separate trust is hereby established (the "Supplemental Interest Trust"), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Class 4-A-2 Certificates. On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Class 4-A-2 Certificates (the "Supplemental Interest Account"), into which the Depositor shall initially deposit $1,000. The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee Administrator held pursuant to this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Adjustable Rate Mortgage Trust 2006-3)

Supplemental Interest Trust. (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Supplemental Interest Trust Trustee, in trust, for the benefit of the holders of the Group 1 Senior Certificates and the Offered Subordinate Certificates. On the Closing DateThe Trustee, as trustee of the Supplemental Interest Trust Trustee Trust, shall establish and maintain in its name, a separate an account for the benefit of the holders of the Certificates (the “Supplemental Interest Trust Account”), into which the Depositor LBH shall initially deposit $1,000. The Supplemental Interest Trust Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Supplemental Interest Trust Trustee held pursuant to this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2006-5)

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