Common use of The Certificate Distribution Account Clause in Contracts

The Certificate Distribution Account. (a) The Securities Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Securities Administrator on behalf of the Certificateholders an account (the “Certificate Distribution Account”) entitled “Certificate Distribution Account, LaSalle Bank National Association, as Securities Administrator, in trust for the holders of SACO I Trust 2005-GP1, Certificates.” The Certificate Distribution Account may be a subaccount of the Payment Account

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Saco I Trust 2005-Gp1), Sale and Servicing Agreement (Saco I Trust 2005-Gp1)

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The Certificate Distribution Account. (a) The Securities Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Securities Administrator on behalf of the Certificateholders an account (the “Certificate Distribution Account”) entitled “Certificate Distribution Account, LaSalle Bank National Association, as Securities Administrator, in trust for the holders of SACO I Trust 2005ACE Home Equity Loan Trust, Series 2006-GP1, Certificates.” The Certificate Distribution Account may be a subaccount of the Payment Account

Appears in 1 contract

Samples: Sale and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1)

The Certificate Distribution Account. (a) The Securities Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Securities Administrator on behalf of the Certificateholders an account (the “Certificate Distribution Account”) entitled “Certificate Distribution Account, LaSalle Bank National Association, as Securities Administrator, in trust for the holders of SACO I Trust 2005BSSLT 2007-GP11, Certificates.” The Certificate Distribution Account may be a subaccount of the Payment Account

Appears in 1 contract

Samples: Sale and Servicing Agreement (Bear Stearns Second Lien Trust 2007-1)

The Certificate Distribution Account. (a) The Securities Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Securities Administrator on behalf of the Certificateholders an account (the “Certificate Distribution Account”) entitled “Certificate Distribution Account, LaSalle Bank National Association, as Securities Administrator, in trust for the holders of SACO I Trust 20052006-GP18, Certificates.” The Certificate Distribution Account may be a subaccount of the Payment Account

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (SACO I Trust 2006-8)

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The Certificate Distribution Account. (a) The Securities Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Securities Administrator on behalf of the Certificateholders an account (the “Certificate Distribution Account”) entitled “Certificate Distribution Account, LaSalle Bank National Association, as Securities Administrator, in trust for the holders of SACO I GPMF Trust 20052007-GP1HE1, Certificates.” The Certificate Distribution Account may be a subaccount of the Payment Account

Appears in 1 contract

Samples: Sale and Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-He1)

The Certificate Distribution Account. (a) The Securities Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Securities Administrator on behalf of the Certificateholders an account (the “Certificate Distribution Account”) entitled “Certificate Distribution Account, LaSalle Bank National Association, as Securities Administrator, in trust for the holders of SACO I Trust 20052006-GP11, Certificates.” The Certificate Distribution Account may be a subaccount of the Payment Account

Appears in 1 contract

Samples: Sale and Servicing Agreement (SACO I Trust 2006-1)

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