Common use of Basis Risk Reserve Fund Clause in Contracts

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator held pursuant to this Agreement. (b) The Securities Administrator shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities Administrator, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(g)(iii) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) the Sellers shall initially deposit $1,000. In addition, the Trustee shall hold the Basis Risk Cap as an asset in the Basis Risk Reserve Fund. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(d)(iii) of this Agreement the sum of (without duplication) (a) any payments made by the Cap Provider to the Trust Fund for such Distribution Date with respect to the Basis Risk Cap, (b) any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon, in respect of the Basis Risk Cap and (c) the Basis Risk Payment, if any, for such Distribution Date. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iii) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities Administrator, in writing, as to investment of amounts on deposit therein. LBH Xxxxxx Capital shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH Xxxxxx Capital as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Bank One Group Institutional Prime Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. , Class A. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Offered Certificates, a the Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(f)(iii) of this Agreement, any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(f)(iii) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X CertificatesEvent.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iii) hereof in accordance with the Distribution Date Reportshereof. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In LBH hereby directs the absence of written instructions from LBH as Trustee to investment of invest funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released investment as is hereafter specified to Holders of the Class X CertificatesTrustee by LBH from time to time.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(e)(iii) hereof in accordance with the Distribution Date Reportshereof. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X CertificatesInvestment Account.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates, a the Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. If the existing Basis Risk Reserve Fund ceases to be an Eligible Account, the Trustee shall establish a new Basis Risk Reserve Fund that is an Eligible Account within 20 Business Days and transfer all funds and investment property on deposit in such existing Certificate Account into such new Certificate Account. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(f)(iv) of this Agreement any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c7.01(d) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders the X-S Component of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iii) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage “U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates”.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage “U.S. Bank First American Prime Money Market Obligation Fund”. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event Event, and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date, the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(d)(iv) of this Agreement the Basis Risk Payment, if any, for such Distribution Date. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iv) hereof shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X M2 Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X CertificatesEvent.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(h)(iii) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage “U.S. Bank First American Prime Money Market Obligation Fund”. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders the Holder of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(e)(iii) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date, the Trustee shall make withdrawals from distribute in the order of priorty and to the extent specified in Section 5.02(d)(iv) of this Agreement the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Payment, if any, for such Distribution Date ReportsDate. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve FundFund (Class A), such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund Fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates and the Class B-2 Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Capital, a Division of Xxxxxx Brothers Holdings Inc. (“LBHXxxxxx Capital”) ), shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(d)(iii) of this Agreement the sum of (without duplication) (a) any amounts then on deposit in the Basis Risk Reserve Fund, including earnings thereon, and (b) the Basis Risk Payment, if any, for such Distribution Date. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iii) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates Certificate shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH Xxxxxx Capital on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH Xxxxxx Capital shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH Xxxxxx Capital as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage JPMorgan Prime Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of , Xxxxxx Share Class in accordance with clause (Aviii) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificatesdefinition of Eligible Investments.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsstatements. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates and the Fixed Rate Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iv) hereof in accordance with the Distribution Date Reportshereof. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In LBH hereby directs the absence of written instructions from LBH as Trustee to investment of invest funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released investment as is hereafter specified to Holders of the Class X CertificatesTrustee by LBH from time to time.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Wxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date ReportsStatement. Notwithstanding the foregoing, the initial deposit of $1,000 made pursuant to subsection (a) above may be applied by the Trustee (or Paying Agent) to make such distributions. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. Any earnings on such amounts shall be distributed on each Distribution Date to the Holders of the Class X Certificates. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Mxxxxx Sxxxxxx Prime Liquidity Institutional Class (302) Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator held pursuant to this Agreement. (b) The Securities Administrator shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(g)(iv) hereof in accordance with the Distribution Date Reports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities Administrator, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Offered Certificates, a the Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(f)(iv) of this Agreement, any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X CertificatesEvent.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsstatements. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Wxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. Any earnings on such amounts shall be distributed on each Distribution Date to the Holders of the Class X Certificates. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. , Class A. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event Event, and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates, a the Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(f)(iv) of this Agreement any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c7.01(d) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to the Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) initially shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(f)(v) hereof in accordance with the Distribution Date Reportshereof. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market FundFirst American Government Obligation Fund (Class A). The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders the Holder of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Group I Certificates, a the Pool 1-2 Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Pool 1-2 Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee (or Paying Agent) shall make withdrawals distribute in the order of priority and to the extent specified in Section 5A.02(e)(iv) of this Agreement any amounts then on deposit in the Pool 1-2 Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Pool 1-2 Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5A.02(e)(iv) hereof shall remain on deposit in accordance with the Distribution Date ReportsPool 1-2 Basis Risk Reserve Fund. (c) Funds in the Pool 1-2 Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class I-X Certificates shall evidence ownership of the Pool 1-2 Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Pool 1-2 Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Pool 1-2 Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c7.01(d) Purchase Event or (B) a Trust Fund Pool 1-2 Termination Event and any funds remaining in such fund upon such termination shall be released to the Holders of the Class I-X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator held pursuant to this Agreement. (b) The Securities Administrator shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities Administrator, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Wxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“"LBH”") shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date, the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(d)(iv) of this Agreement the Basis Risk Payment, if any, for such Distribution Date. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(d)(iv) hereof shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X CertificatesEvent.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Certificates, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(f)(iii) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(f)(v) hereof in accordance with the Distribution Date Reportsreports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports. Notwithstanding the foregoing, the initial deposit of $1,000 made pursuant to subsection (a) above may be applied by the Trustee (or Paying Agent) to make such distributions. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. Any earnings on such amounts shall be distributed on each Distribution Date to the Holders of the Class X Certificates. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. , Class A. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the LIBOR Certificates, a the Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(f)(iv) of this Agreement any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c7.01(d) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders the X-S Component of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholdersholders of the Offered Certificates, a the Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) LBH shall initially deposit $1,000. The Basis Risk 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 moniesmoneys, including, without limitation, other monies moneys of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator On each Distribution Date the Trustee shall make withdrawals distribute in the order of priority and to the extent specified in Section 5.02(f)(iii) of this Agreement the sum of (without duplication) any amounts then on deposit in the Basis Risk Reserve Fund, including any earnings thereon. On any Distribution Date, any amounts that the Trustee is not required to distribute from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv5.02(f)(iii) hereof of this Agreement shall remain on deposit in accordance with the Distribution Date ReportsBasis Risk Reserve Fund. (c) [Reserved]; (d) [Reserved]; (e) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder Holders thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Money Market Fundremain uninvested. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X CertificatesEvent.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage U.S. Bank First American Prime Money Market Obligation Fund. The Basis Risk Reserve Fund shall will be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Lxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date Reportsreports prepared by the Securities Administrator. Notwithstanding the foregoing, the initial deposit of $1,000 made pursuant to subsection (a) above may be applied by the Trustee (or Paying Agent) to make such distributions. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. Any earnings on such amounts shall be distributed on each Distribution Date to the Holders of the Class X Certificates. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage “U.S. Bank First American Prime Money Market FundObligation Fund Class A”. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event Event, and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.

Basis Risk Reserve Fund. (a) On the Closing Date, the Securities Administrator Trustee shall establish and maintain in its name, in trust for the benefit of the Certificateholders, a Basis Risk Reserve Fund, into which Xxxxxx Brothers Holdings Inc. (“LBH”) shall initially deposit $1,000. The Basis Risk 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 monies, including, without limitation, other monies of the Securities Administrator Trustee held pursuant to this Agreement. (b) The Securities Administrator Trustee (or Paying Agent) shall make withdrawals from the Basis Risk Reserve Fund to make distributions pursuant to Section 5.02(f)(iv) hereof in accordance with the Distribution Date ReportsStatement. Notwithstanding the foregoing, the initial deposit of $1,000 made pursuant to subsection (a) above may be applied by the Trustee (or Paying Agent) to make such distributions. (c) Funds in the Basis Risk Reserve Fund shall be invested in Eligible Investments. Any earnings on such amounts shall be distributed on each Distribution Date to the Holders of the Class X Certificates. The Class X Certificates shall evidence ownership of the Basis Risk Reserve Fund for federal income tax purposes and LBH on behalf of the Holder thereof shall direct the Securities AdministratorTrustee, in writing, as to investment of amounts on deposit therein. LBH shall be liable for any losses incurred on such investments. In the absence of written instructions from LBH as to investment of funds on deposit in the Basis Risk Reserve Fund, such funds shall be invested in the Xxxxx Fargo Advantage Prime Investment Money Market Fund. The Basis Risk Reserve Fund shall be terminated after the earlier of (A) a Section 7.01(c) Purchase Event or (B) a Trust Fund Termination Event and any funds remaining in such fund upon such termination shall be released to Holders of the Class X Certificates.