Basis Risk Cap Agreement. (a) The Securities Administrator, on behalf of the Trust Fund, shall establish an account for the Basis Risk Cap Agreement (the “Basis Risk Cap Account”). The Basis Risk Cap 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 monies, including, without limitation, other monies of the Securities Administrator held by the Securities Administrator pursuant to this Agreement.
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Samples: Pooling and Servicing Agreement (HarborView 2007-6), Pooling and Servicing Agreement (HarborView 2007-6), Pooling and Servicing Agreement (HarborView 2007-5)
Basis Risk Cap Agreement. (a) The Securities Administrator, on behalf of the Trust Fund, shall establish an account for the Basis Risk Cap Agreement (the “Basis Risk Cap Account”). The Basis Risk Cap 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 monies, including, without limitation, other monies of the Securities Administrator held by the Securities Administrator pursuant to this Agreement.
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