Common use of Deposits to Certificate Account Clause in Contracts

Deposits to Certificate Account. The Trustee will deposit all Security Distributions on the related Mortgage-Backed Securities received by it hereunder into the related Certificate Account. All Security Distributions, all distributions on any Lower Tier Regular Interests and all distributions on any Middle Tier Regular Interests deposited from time to time in any Certificate Account, and all investments made with such funds, excluding interest earnings and other investment earnings, will be held in trust in a Certificate Account for the benefit of the Holders of the Certificates of the related Trust as herein provided, subject to withdrawal by the Trustee for the purposes set forth in Section 5.04.

Appears in 4 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

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