Common use of Corridor Reserve Fund Clause in Contracts

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 and Class I-A-7 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Interest Trust. (b) On each Distribution Date prior to the applicable Corridor Contract Termination Date, after the deposit of amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and (ii) the Class I-A-7 Yield Supplement Amount to the holders of the Class I-A-7 Certificates. If a Corridor Contract is terminated early, the Trustee will allocate the amount of any termination payment between the Corridor Reserve Fund and Citigroup Global Markets Inc., as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and the related funds shall be segregated as to each separate Corridor Contract.

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 and Class I-A-7 A-6 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner CHL will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Interest TrustTrust Fund, but shall not be an asset of any REMIC established hereby. (b) On each Distribution Date prior to the applicable Corridor Contract Termination Date, after the deposit of amounts the Yield Supplement Amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and (ii) the Class I-A-7 A-6 Yield Supplement Amount to the holders of the Class I-A-7 A-6 Certificates. If a Corridor Contract is terminated early, the The Trustee will allocate the amount shall pay any amounts in excess of any termination payment between $1,000 remaining on deposit in the Corridor Reserve Fund and Citigroup Global Markets Inc.after the foregoing distributions have been made to CHL, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and . (d) Upon termination of the related funds Separate Interest Trust (which shall be segregated as coterminous with the Corridor Contracts), any amounts remaining in the Corridor Reserve Fund after payment of the applicable Yield Supplement Amounts, if any, owed to each separate the holders of the Class I-A-1 and Class I-A-6 Certificates, shall be distributed to the Corridor ContractResidual Owner.

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 and Class I-A-7 A-8 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner DBAG will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Special Interest Trust, but shall not be an asset of any REMIC established hereby. (b) On each Distribution Date occurring after the initial Distribution Date and prior to the applicable Corridor Contract Termination Date, after the deposit of amounts the Yield Supplement Amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and (ii) the Class I-A-7 A-8 Yield Supplement Amount to the holders of the Class I-A-7 A-8 Certificates. If a Corridor Contract is terminated early, the The Trustee will allocate the amount shall pay any amounts in excess of any termination payment between $1,000 remaining on deposit in the Corridor Reserve Fund and Citigroup Global Markets Inc.after the foregoing distributions have been made to DBAG, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and . (d) Upon termination of the related funds Separate Interest Trust (which shall be segregated as coterminous with the Corridor Contracts), any amounts remaining in the Corridor Reserve Fund after payment of the applicable Yield Supplement Amounts, if any, owed to each separate the holders of the Class A-1 and Class A-8 Certificates, shall be distributed to the Corridor ContractResidual Owner.

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 A-1, Class I-A-2 and Class I-A-7 A-4 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner CHL will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Interest TrustTrust Fund, but shall not be an asset of any REMIC established hereby. (b) On each Distribution Date prior to the applicable Corridor Contract Termination Date, after the deposit of amounts the Yield Supplement Amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 A-1/Class I-A-2 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and Class I-A-2 Certificates, pro rata in accordance with their respective Class Certificate Balances immediately prior to such Distribution Date and (ii) the Class I-A-7 A-4 Yield Supplement Amount to the holders of the Class I-A-7 A-4 Certificates. If a Corridor Contract is terminated early, the The Trustee will allocate the amount shall pay any amounts in excess of any termination payment between $1,000 remaining on deposit in the Corridor Reserve Fund and Citigroup Global Markets Inc.after the foregoing distributions have been made to CHL, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and . (d) Upon termination of the related funds Separate Interest Trust (which shall be segregated as coterminous with the Corridor Contracts), any amounts remaining in the Corridor Reserve Fund after payment of the applicable Yield Supplement Amounts, if any, owed to each separate the holders of the Class I-A-1, Class I-A-2 and Class I-A-4 Certificates, shall be distributed to the Corridor ContractResidual Owner.

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 and Class I-A-7 A-3 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner CHL will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Interest TrustTrust Fund, but shall not be an asset of any REMIC established hereby. (b) On each Distribution Date prior to the applicable Corridor Contract Termination Date, after the deposit of amounts the Yield Supplement Amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and (ii) the Class I-A-7 A-3 Yield Supplement Amount to the holders of the Class I-A-7 A-3 Certificates. If a Corridor Contract is terminated early, the The Trustee will allocate the amount shall pay any amounts in excess of any termination payment between $1,000 remaining on deposit in the Corridor Reserve Fund and Citigroup Global Markets Inc.after the foregoing distributions have been made to CHL, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and . (d) Upon termination of the related funds Separate Interest Trust (which shall be segregated as coterminous with the Corridor Contracts), any amounts remaining in the Corridor Reserve Fund after payment of the applicable Yield Supplement Amounts, if any, owed to each separate the holders of the Class I-A-1 and Class I-A-3 Certificates, shall be distributed to the Corridor ContractResidual Owner.

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 A-6 and Class I-A-7 A-11 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner CSFB will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Interest Trust. (b) On each Distribution Date prior to the applicable Corridor Contract Termination Date, after the deposit of amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 A-6 Yield Supplement Amount to the holders of the Class I-A-1 A-6 Certificates and (ii) the Class I-A-7 A-11 Yield Supplement Amount to the holders of the Class I-A-7 A-11 Certificates. If a Corridor Contract is terminated early, the Trustee will allocate the amount of any termination payment between the Corridor Reserve Fund and Citigroup Global Markets Inc.CSFB, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 A-6 Certificates or the Class I-A-7 A-11 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and the related funds shall be segregated as to each separate Corridor Contract.

Corridor Reserve Fund. (a) On the Closing Date, (i) the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 and Class I-A-7 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be an asset of the Separate Interest Trust. (b) On each Distribution Date occurring prior to the applicable Corridor Contract Termination Date, after the deposit of amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and (ii) the Class I-A-7 Yield Supplement Amount to the holders of the Class I-A-7 Certificates. If a the Corridor Contract is terminated early, the Trustee will allocate the amount of any termination payment between the Corridor Reserve Fund and Citigroup Global Markets Inc.the Corridor Residual Owner, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner")Fund, based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a the Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant to this Section 4.7 and the related funds shall be segregated as to each separate Corridor Contract.

Corridor Reserve Fund. (a) On the Closing Date, the Trustee shall (1) establish and maintain in its name, in trust for the benefit of the holders of the Class I-A-1 and Class I-A-7 A-3 Certificates, the Corridor Reserve Fund, and (ii) the Depositor will deposit or cause to be deposited $1,000 in the Corridor Reserve Fund. The Corridor 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 moneys, including without limitation other moneys of the Trustee held pursuant to this Agreement. The Corridor Residual Owner CHL will own the residual interest in the Corridor Reserve Fund. The Corridor Reserve Fund shall be and asset of the Trust Fund, but shall not be an asset of the Separate Interest Trustany REMIC established hereby. (b) On each Distribution Date prior to the applicable Corridor Contract Termination Date, after the deposit of amounts the Yield Supplement Amounts into the Corridor Reserve Fund on such Distribution Date pursuant to Section 4.8(b), the Trustee will distribute (i) the Class I-A-1 Yield Supplement Amount to the holders of the Class I-A-1 Certificates and (ii) the Class IX-A-7 Yield Supplement Amount X-0 Xxxxx 00 Xxxxxxxxxx Xxxxxx to the holders of the Class I-A-7 A-3 Certificates. If a Corridor Contract is terminated early, the The Trustee will allocate the amount shall pay any amounts in excess of any termination payment between $1,000 remaining on deposit in the Corridor Reserve Fund and Citigroup Global Markets Inc.after the foregoing distributions have been made to CHL, as the owner of the residual interest in the Corridor Reserve Fund (the "Corridor Residual Owner"), based on, with respect to the Corridor Reserve Fund, the product of (i) a fraction, the numerator of which is the lesser of (x) the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (y) the Class Certificate Balance of the Class I-A-1 Certificates or the Class I-A-7 Certificates, as applicable, immediately prior to the first Distribution Date on or after the early termination, and the denominator of which is the applicable Corridor Contract Notional Balance for the first Distribution Date on or after the early termination and (ii) the termination payment amount, and with respect to the Corridor Residual Owner, the remainder, if any. The Trustee shall apply the portion of any termination payment that is allocated to the Corridor Reserve Fund to pay the applicable Yield Supplement Amount, if any on the related Class of Certificates, until the applicable Corridor Contract Termination Date. The Trustee shall pay any amounts in excess of $1,000 remaining on deposit in the Corridor Reserve Fund on each Distribution Date after the foregoing distributions have been made (other than any amounts attributable to termination payments under a Corridor Contract) to the Corridor Residual Owner. (c) Funds in the Corridor Reserve Fund shall be invested in Permitted Investments. Any earnings on amounts in the Corridor Reserve Fund shall be for the benefit of the Corridor Residual Owner. The Corridor Residual Owner shall own the Corridor Reserve Fund for federal income tax purposes and the Corridor Residual Owner shall direct the Trustee, in writing, as to investment of amounts on deposit therein. The Corridor Residual Owner shall be liable for any losses incurred on such investments. In the absence of written instructions from the Corridor Residual Owner as to investment of funds on deposit in the Corridor Reserve Fund, such funds shall be held uninvested. All computations made pursuant . (d) Upon termination of the Separate Interest Trust (which shall be coterminous with the Corridor Contracts), any amounts remaining in the Corridor Reserve Fund after payment of the applicable Yield Supplement Amounts, if any, owed to this Section 4.7 the holders of the Class I-A-1 Certificates and the related funds Class I-A-3 Certificates, shall be segregated as distributed to each separate the Corridor ContractResidual Owner.