Common use of Cap Agreement Reserve Fund Clause in Contracts

Cap Agreement Reserve Fund. (a) The Trustee shall establish and maintain the Cap Agreement Reserve Fund to be held in trust for the benefit of Holders of the Class AV-1, Class AV-2, Class M and Class B Certificates. The Cap Agreement Reserve Fund shall at all times be an Eligible Account. On each 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 Master Servicer.

Cap Agreement Reserve Fund. (a) The Trustee shall establish and maintain the three Cap Agreement Reserve Fund Funds to be held in trust for the benefit of Holders of the Class AV-1, Class AV-2, AV-2 and Class M and Class B Certificates, respectively. The Each Cap Agreement Reserve Fund shall at all times be an Eligible Account. On each Distribution Date, the Trustee shall deposit in the a Cap Agreement Reserve Fund all amounts received on the related Cap Agreement since the preceding Distribution Date. Amounts on deposit in the Cap Agreement Reserve Fund Funds shall be invested at the direction of the Master ServicerHolders of the Class C Certificate.

Cap Agreement Reserve Fund. (a) The Trustee shall establish and maintain the a Cap Agreement Reserve Fund to be held in trust for the benefit of Holders of the Class AV-1, Class AV-2, Class M A-1A and Class B A-1B Certificates. The Cap Agreement Reserve Fund shall at all times be an Eligible Account. On each 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 Master ServicerDepositor on behalf of the Holders of the Class C-1 Certificate.

Cap Agreement Reserve Fund. (a) The Trustee shall establish and maintain the a Cap Agreement Reserve Fund to be held in trust for the benefit of Holders of the Class AV-1, Class AV-2, Class M A-3A and Class B A-3B Certificates. The Cap Agreement Reserve Fund shall at all times be an Eligible Account. On each 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 Master ServicerDepositor on behalf of the Holders of the Class C-1 Certificate.

Cap Agreement Reserve Fund. (a) The Indenture Trustee shall establish and maintain the Cap Agreement Reserve Fund to be held in trust for the benefit of Holders of the Class AV-1, Class AV-2, Class M and Class B CertificatesNotes. The Cap Agreement Reserve Fund shall at all times be an Eligible Account. On each Distribution Payment Date, the Indenture Trustee shall deposit in the Cap Agreement Reserve Fund all amounts received on the Cap Agreement since the preceding Distribution Payment Date. Amounts on deposit in the Cap Agreement Reserve Fund shall be invested at the direction of the Master Servicer.