Common use of Carryover Reserve Fund Clause in Contracts

Carryover Reserve Fund. The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 4.07 in the name of the Trustee for the benefit of the Certificateholders and designated “The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2007-5”. Funds in the Carryover Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-5)

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Carryover Reserve Fund. The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 4.07 4.08 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York in trust for registered Holders holders of CWABS, Inc., Asset-Backed Certificates, Series 20072004-5”15". Funds in the Carryover Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2004-15)

Carryover Reserve Fund. The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 4.07 3.05(k) in the name of the Trustee for the benefit of the Certificateholders Holders of the Group II Certificates and designated “The Bank of New York in trust for registered Holders holders of CWABSCWALT, Inc., AssetAlternative Loan Trust 2007-Backed J1, Mortgage Pass Through Certificates, Series 2007-5”. J1.” Funds in the Carryover Reserve Fund shall be held in trust for the Certificateholders Holders of the Group II Certificates for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-J1)

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Carryover Reserve Fund. The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 4.07 in the name of the Trustee for the benefit of the Certificateholders and designated “The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2007-56”. Funds in the Carryover Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-6)

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