Common use of Cap Agreement Reserve Fund Clause in Contracts

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day but not beyond the July 2008 Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement Agreements on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day first Distribution Date but not beyond the July 2008 August 2007 Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day first Distribution Date but not beyond the July 2008 October 2006 Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement Agreements on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day first Distribution Date but not beyond the July 2008 ______ 20__ Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement on behalf of the Trust and to shall establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after up to and including the Startup Day but not beyond the July 2008 Distribution DateDate in March 2005, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement Agreements on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day first Distribution Date but not beyond the July 2008 April 2007 Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement Agreements on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day first Distribution Date but not beyond the July 2008 2007 Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement Agreements on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day on or prior to but not beyond the July 2008 Distribution DateDate in February 2006, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement Agreements on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day but not beyond February 2004 Distribution Date and up to and including the July 2008 Distribution DateDate in September 2006, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement Agreements since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day but not beyond the July 2008 October 2007 Distribution Date, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement on behalf of the Trust and to shall establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day but not beyond July 2003 Distribution Date and up to and including the July 2008 Distribution DateDate in April 2005, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.

Cap Agreement Reserve Fund. (a) The Trustee is hereby authorized and directed to enter into the Cap Agreement on behalf of the Trust and to establish the Cap Agreement Reserve Fund pursuant to Section 7.02(a). On each Distribution Date after the Startup Day but not beyond October 2003 Distribution Date and up to and including the Distribution Date in July 2008 Distribution Date2005, the Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Servicer. Any investment earnings on funds held in the Cap Agreement Reserve Fund shall be for the account of the Servicer.