Common use of Class XP Reserve Account Clause in Contracts

Class XP Reserve Account. (a) The Master Servicer shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT Trust 2005-AR1, Mortgage Pass-Through Certificates, Series 2005-AR1, Class XP." Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011, the Securities Administrator shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT Bear Xxxxxxx Mortgage Funding Trust 20052007-AR1, Mortgage Pass-Through Certificates, Series 20052007-AR1, Class XP." ” Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the related Class XP Certificates. The Class XP Reserve Account will not represent an interest in any 2007-AR1 REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the related Class XP Certificates in accordance with Section 6.01(h6.01(e). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund related Loan Group are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011February 2010, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the related Class XP Certificates in accordance with Section 6.01(h6.01(e), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Securities Administrator shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Account, Wells Fargo Bank, National Association, as Sxxxxxties Administrator on behalf of the Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT f/b/o Bear Stearns ALT-A Trust 20052007-AR12, Mortgage Pass-Through Xxxxxxx Certificates, Series 20052007-AR12, Class XP." ". Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator for the holder holders of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any 2007-2 REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the related Class XP Certificates in accordance with Section 6.01(h6.01(c) and Section 6.02(d), as applicable. In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), ) and (y) the Business Day prior to the Distribution Date occurring in November 2011, the Securities Administrator shall withdraw the amount on deposit in the Class XP Reserve Account and Account, deposit such amount into the Distribution Account and remit such amount to the Securities Administrator and provide written instruction to the Securities Administrator to pay such amount to the related Class XP Certificates in accordance with this Section 6.01(h4.07 and Section 6.01(c) and Section 6.02(d), as applicable, and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc.Account, MortgageIT Wxxxx Fargo Bank, National Association, as Master Servicer f/b/o Bear Sxxxxxx ALT-A Trust 2005-AR18, Mortgage Pass-Through Certificates, Series 2005-AR18, Class XP." ”. On the Closing Date, the Depositor shall deposit $100 into the Class XP Reserve Account. Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Master Servicer for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01.1(c). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), ) and (y) the Business Day prior to the Distribution Date occurring in November August 2011, the Securities Administrator Master Servicer shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and remit such amount to the Securities Administrator and provide written instruction to the Securities Administrator to pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01.1(c), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Account, Wxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Bear Sxxxxxx Asset Backed Securities I LLC, GreenPoint Mortgage Investments II Inc., MortgageIT Funding Trust 20052006-AR1, Mortgage Pass-Through Certificates, Series 20052006-AR1, Class XP." ”. Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(f). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011March 2012, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(f), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Account, Wells Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Morxxxxx Investments II Inc., MortgageIT Bear Stearns Mortgage Funding Trust 20052006-AR1AR2, Mortgage Pass-Through Certificates, Series 20052006-AR1AR2, Class XP." Funds ” Xxxxs on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the related Class XP Certificates. The Class XP Reserve Account will not represent an interest in any 2006-AR2 REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the related Class XP Certificates in accordance with Section 6.01(h6.01(e). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund related Loan Group are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011June 2012, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the related Class XP Certificates in accordance with Section 6.01(h6.01(e), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT GreenPoint Mortgage Funding Trust 20052006-AR1AR3, Mortgage Pass-Through Certificates, Series 20052006-AR1AR3, Class XP." ". Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(f). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011March 2012, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(f), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT GreenPoint Mortgage Funding Trust 2005-AR1AR5, Mortgage Pass-Through Certificates, Series 2005-AR1AR5, Class XP." ". Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(f). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(f), and following such withdrawal the Class XP Reserve Account shall be closed. Section 4.07 [Reserved.] Section 4.08 [Reserved.] Section 4.09 [Reserved.]

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT GreenPoint Mortgage Funding Trust 20052006-AR1AR2, Mortgage Pass-Through Certificates, Series 20052006-AR1AR2, Class XP." ". Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(f). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011March 2012, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(f), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Administrator on behalf of the Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc.Account, MortgageIT Xxxxx Fargo Bank, National Association, as Master Servicer f/b/o Bear Xxxxxxx ALT-A Trust 2005-AR19, Mortgage Pass-Through Certificates, Series 2005-AR19, Class XP." ". On the Closing Date, the Depositor shall deposit $100 into the Class XP Reserve Account. Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Master Servicer for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01.1(c). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), ) and (y) the Business Day prior to the Distribution Date occurring in November September 2011, the Securities Administrator Master Servicer shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and remit such amount to the Securities Administrator and provide written instruction to the Securities Administrator to pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01.1(c), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc.Account, MortgageIT Xxxxx Fargo Bank, National Association, as Master Servicer f/b/o Bear Xxxxxxx ALT-A Trust 2005-AR17, Mortgage Pass-Through Certificates, Series 2005-AR17, Class XP." ”. On the Closing Date, the Depositor shall deposit $100 into the Class XP Reserve Account. Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Master Servicer for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01.1(c). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), ) and (y) the Business Day prior to the Distribution Date occurring occuring in November July 2011, the Securities Administrator Master Servicer shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and remit such amount to the Securities Administrator and provide written instruction to the Securities Administrator to pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01.1(c), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Bear Xxxxxxx Asset Backed Securities I LLC, GreenPoint Mortgage Investments II Inc., MortgageIT Funding Trust 20052006-AR1, Mortgage Pass-Through Certificates, Series 20052006-AR1, Class XP." ”. Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(f). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011March 2012, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(f), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Administrator on behalf of the Account, Wells Fargo Bank, National Association, as Trustee for the benefit of holders of xx Structured Asset Mortgage Investments II Inc., MortgageIT Bear Stearns Mortgage Funding Trust 20052006-AR1AR4, Mortgage Pass-Through Certificates, Series 2005Sxxxxx 0006-AR1AR4, Class XP." Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any 2006-AR4 REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(e). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011December 2009, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(e), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Account, Wxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT GreenPoint Mortgage Funding Trust 2005-AR1AR4, Mortgage Pass-Through Certificates, Series 2005-AR1AR4, Class XP." ”. Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(f). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November August 2011, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(f), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT Bear Xxxxxxx Mortgage Funding Trust 20052006-AR1AR5, Mortgage Pass-Through Certificates, Series 20052006-AR1AR5, Class XP." ” Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the related Class XP Certificates. The Class XP Reserve Account will not represent an interest in any 2006-AR5 REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the related Class XP Certificates in accordance with Section 6.01(h6.01(e). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund related Loan Group are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011January 2010, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the related Class XP Certificates in accordance with Section 6.01(h6.01(e), and following such withdrawal the Class XP Reserve Account shall be closed.

Class XP Reserve Account. (a) The Master Servicer Paying Agent shall establish and maintain with itself a separate, segregated trust account, which shall be an Eligible Account, titled “"Reserve Account in the name of the Securities Administrator on behalf of the Account, Xxxxx Fargo Bank, National Association, as Trustee for the benefit of holders of Structured Asset Mortgage Investments II Inc., MortgageIT Bear Xxxxxxx Mortgage Funding Trust 20052007-AR1AR2, Mortgage Pass-Through Certificates, Series 20052007-AR1AR2, Class XP." Funds on deposit in the Class XP Reserve Account shall be held in trust by the Securities Administrator Trustee for the holder of the Class XP Certificates. The Class XP Reserve Account will not represent an interest in any 2007-AR2 REMIC. (b) Any amount on deposit in the Class XP Reserve Account shall be held uninvested. On the Business Day prior to each Distribution Date, the Securities Administrator Trustee shall withdraw the amount then on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account to be distributed to the Holders of the Class XP Certificates in accordance with Section 6.01(h6.01(e). In addition, on the earlier of (x) the Business Day prior to the Distribution Date on which all the assets of the Trust Fund are repurchased as described in Section 10.01(a), and (y) the Business Day prior to the Distribution Date occurring in November 2011March 2010, the Securities Administrator Trustee shall withdraw the amount on deposit in the Class XP Reserve Account and deposit such amount into the Distribution Account and pay such amount to the Class XP Certificates in accordance with Section 6.01(h6.01(e), and following such withdrawal the Class XP Reserve Account shall be closed.