Final Maturity Reserve Account definition

Final Maturity Reserve Account. The account created pursuant to Section 5.09 of this Agreement.

Final Maturity Reserve Account. As defined in Section 4.10(a) hereof.

Final Maturity Reserve Account. The separate account established and maintained by the Trustee pursuant to Section 4.10 hereof. Amounts on deposit in the Final Maturity Reserve Account will not be an asset of any 2006-AR3 REMIC.

Examples of Final Maturity Reserve Account in a sentence

• The Final Maturity Reserve 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 Securities Administrator held pursuant to this Agreement.

• The Final Maturity Reserve 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 Trustee held pursuant to this Agreement.

• The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account.

• The Final Maturity Reserve 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 Trustee or of the Final Maturity Reserve Trust Trustee held pursuant to this Agreement.

• The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement.

More Definitions of Final Maturity Reserve Account

Final Maturity Reserve Account. A trust account established by the Final Maturity Reserve Trustee pursuant to Section 8.09 for the deposit of the Final Maturity Reserve Amount to be used to pay the Class II Certificates at maturity.

Final Maturity Reserve Account. The separate account established and maintained by the Trustee pursuant to Section 4.10 hereof. Amounts on deposit in the Final Maturity Reserve Account will not be an asset of any REMIC. Fiscal Quarter: December 1 through the last day of February, March 1 through May 31, June 1 through August 31, or September 1 through November 30, as applicable.

Final Maturity Reserve Account. The account established and maintained by the Trust Administrator pursuant to Section 6.08 of this Agreement.

Final Maturity Reserve Account. Not applicable.

Final Maturity Reserve Account. The separate Eligible Account into which reserve funds are deposited and available if needed to make a payment to Certificateholders on the Final Scheduled Distribution Date as specified herein and designated "Xxxxx Fargo Bank, National Association, as Securities Administrator for Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR3 - Final Maturity Reserve Account.".

Final Maturity Reserve Account. The separate trust account established and maintained by the Securities Administrator pursuant to Section 4.07 hereof.

Final Maturity Reserve Account. The account established and maintained by the Securities Administrator on behalf of the Final Maturity Reserve Trust in accordance with the provisions of the Section 4.07 hereof. The Final Maturity Reserve Account shall not be an asset of any REMIC.