Common use of Basis Risk Reserve Fund Clause in Contracts

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., Mortgage-Backed Trust Series 2007-3, Mortgage-Backed Pass-Through Certificates, Series 2007-3.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-3)

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Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.10 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., Mortgage-Backed Trust Series 2007-31, Mortgage-Backed Pass-Through Certificates, Series 2007-31.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1)

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.05 in the name of the Trust Administrator for the benefit of the Group I Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator N.A. in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., Mortgage-Backed Trust Series 20072005-36, Mortgage-Backed Pass-Through Certificates, Series 20072005-36.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Group I Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2005-6)

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.07 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator Administrator, in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., TBW Mortgage-Backed Trust Series 20072006-34, TBW Mortgage-Backed Pass-Through Certificates, Series 20072006-34.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2006-4)

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.08 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., CSAB Mortgage-Backed Trust Series 2007-31, CSAB Mortgage-Backed Pass-Through Certificates, Series 2007-31.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSAB Mortgage-Backed Trust 2007-1)

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.07 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator N.A. in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., CSAB Mortgage-Backed Trust Series 20072006-34, CSAB Mortgage-Backed Pass-Through Certificates, Series 20072006-34.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSAB Mortgage-Backed Trust 2006-4)

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Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.07 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator N.A. in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., CSAB Mortgage-Backed Trust Series 20072006-32, CSAB Mortgage-Backed Pass-Through Certificates, Series 20072006-32.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSAB Mortgage-Backed Pass-Through Certificates, Series 2006-2)

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.07 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator Administrator, in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., TBW Mortgage-Backed Trust Series 2007-32, TBW Mortgage-Backed Pass-Through Certificates, Series 2007-32.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2007-2)

Basis Risk Reserve Fund. The separate Eligible Account created and initially maintained by the Trust Administrator pursuant to Section 4.12 4.07 in the name of the Trust Administrator for the benefit of the Certificateholders and designated “Xxxxx Fargo Bank, N.A., as Trust Administrator N.A. in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., CSAB Mortgage-Backed Trust Series 20072006-3, CSAB Mortgage-Backed Pass-Through Certificates, Series 20072006-3.” The Basis Risk Reserve Fund shall not be part of any REMIC. Funds in the Basis Risk Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSAB Mortgage-Backed Trust 2006-3)

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