Common use of The Certificate Account Clause in Contracts

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, [______], as Owner Trustee, in trust for the holders of Structured Asset Securities Corporation Home Equity Loan Trust 20[__]-[__], Residual Certificates.”

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Structured Asset Securities Corp), Transfer and Servicing Agreement (Structured Asset Securities Corp)

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The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, [______]Wilmington Trust Company, as Owner Trustee, in trust for the holders Holders of Structured [Saxon Asset Securities Corporation Home Equity Loan Securities] Trust 20[__]-[__[ ] Certificates, Series [ ], Residual Certificates.”

Appears in 1 contract

Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, [______], as Owner Trustee, in trust for the holders of Structured Asset Securities Xxxxxx ABS Corporation Home Equity Loan Trust 20[__]-[__], Residual Certificates.”

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Lehman Abs Corp)

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, [______[ ], as Owner Trustee, in trust for the holders Holders of Structured Saxon Asset Securities Corporation Home Equity Loan Trust 20[__]-[__[ ] Trust Certificates, Series [ ], Residual Certificates.”

Appears in 1 contract

Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, [______], as Owner Trustee, in trust for the holders of Structured Asset Xxxxxxxxx Mortgage Securities Corporation Home Equity Loan Trust 20[__]-[__[ ], Residual Certificates.”

Appears in 1 contract

Samples: Sale and Servicing Agreement (Thornburg Mortgage Securities Corp)

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The Certificate Account. (a) The AdministratorIndenture Trustee, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the "Certificate Account") entitled "Certificate Account, [_____________], as Owner Trustee, in trust for the holders of Structured Asset Securities Corporation Home Equity Loan Trust 20[__]-[__], ___________] Residual Certificates."

Appears in 1 contract

Samples: Sale and Servicing Agreement (Financial Asset Securities Corp)

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, [______[ ], as Owner Trustee, in trust for the holders of Structured Asset Securities Corporation [ ] Home Equity Loan Trust 20[__]-[__[ ], Residual Certificates.”

Appears in 1 contract

Samples: Sale and Servicing Agreement (Bond Securitization LLC)

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