Carryover Reserve Fund. (a) On the Closing Date, the Trustee shall establish and maintain in its name, in trust for the benefit of the Holders of the Certificates, the Carryover Reserve Fund and shall deposit $1,000 therein. The Carryover Reserve Fund 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 held by the Trustee pursuant to this Agreement.
Carryover Reserve Fund. 144 Section 4.08 Credit Comeback Excess Account................................146 ARTICLE V. THE CERTIFICATES Section 5.01 The Certificates..............................................147 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...............................................148 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.............152 Section 5.04 Persons Deemed Owners.........................................153 Section 5.05 Access to List of Certificateholders' Names and Addresses.....153 Section 5.06 Book-Entry Certificates.......................................153 Section 5.07 Notices to Depository.........................................154 Section 5.08 Definitive Certificates.......................................154 Section 5.09 Maintenance of Office or Agency...............................155
Carryover Reserve Fund. The Carryover Reserve Fund 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 Carryover Reserve Fund shall not be an asset of any REMIC established by this Agreement.
Carryover Reserve Fund. (a) On the Closing Date, the Trustee shall establish and maintain in its name, in trust for the benefit of the Holders of the LIBOR Certificates, a
Carryover Reserve Fund. (a) On the Closing Date, the Trustee shall establish and maintain in its name, in trust for the benefit of the Holders of the LIBOR Certificates, a Carryover Reserve Fund, into which Lehman Brothers Inc. shall deposix $000,000.00. The Carryover Reserve Fund 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 Carryover Reserve Fund shall not be an asset of any REMIC established by this Agreement.
Carryover Reserve Fund. (a) The Servicer shall establish and maintain with the Administrator a separate trust account (the “Carryover Reserve Fund”) titled “HSBC Bank USA, National Association, as Administrator, on behalf of U.S. Bank National Association, as Trustee, in trust for the registered holders of HSBC Home Equity Loan Trust (USA) 2006-4, Closed-End Home Equity Loan Asset-Backed Certificates, Series 2006-4”. On the Closing Date, the Depositor will cause the sum of $1,000 to be deposited into the Carryover Reserve Fund. In the event that a successor Administrator is appointed as provided in Section 8.19, a new Carryover Reserve Fund shall be promptly established at and maintained by such successor Administrator, and the title of the new Carryover Reserve Fund shall be “[Successor Administrator], as Administrator, on behalf of the Trustee, in trust for the registered holders of HSBC Home Equity Loan Trust (USA) 2006-4, Closed-End Home Equity Loan Asset-Backed Certificates, Series 2006-4”, and any amounts in the old Carryover Reserve Fund shall be transferred to the new Carryover Reserve Fund. The Carryover Reserve Fund shall be an Eligible Account.
Carryover Reserve Fund. 87 Section 4.07 Determination of Pass-Through Rates for LIBOR Certificates............................................88 Section 4.08 Swap Trust and Swap Account, Cap Trust and Cap Account.................................................89 Section 4.09 Policy; Rights of the Certificate Insurer...............91 ARTICLE FIVE THE CERTIFICATES...............................................94 Section 5.01 The Certificates........................................94 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates............................94 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............................................98 Section 5.04 Persons Deemed Owners...................................98 Section 5.05 Access to List of Certificateholders' Names and Addresses...............................................99 Section 5.06 Maintenance of Office or Agency.........................99
Carryover Reserve Fund. (a) No later than the Closing Date, the Securities Administrator shall establish and maintain a separate, segregated trust account titled, “Xxxxx Fargo Bank, N.A. as Securities Administrator, in trust for the Holders of Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-OA3, Mortgage Pass-Through Certificates Carryover Reserve Fund”, and shall deposit $606,000 therein upon receipt from or on behalf of the Depositor of such amount. The Carryover Reserve Fund 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 held by the Securities Administrator pursuant to this Agreement.
Carryover Reserve Fund. 122 Section 4.08 Credit Comeback Excess Account................................................................122 Section 4.09 Swap Trust and Swap Account...................................................................123 ARTICLE V. THE CERTIFICATES
Carryover Reserve Fund. The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 4.07 in the name of the Trustee for the benefit of the Certificateholders and designated “The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2007-5”. Funds in the Carryover Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.
