Common use of Duties of the Credit Risk Manager Clause in Contracts

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Cxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap CounterpartySecurities Administrator, the Securities Administrator Swap Counterparty and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX EXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the DepositorDepositor and the Trust, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the ServicersServicers and the Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or and the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management AgreementAgreements. The Credit Risk Manager shall be entitled to compensation from the Trust equal to the Credit Risk Manager Fee. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each CertificateholderDepositor, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, Inc. as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to the Credit Risk Management Agreements Agreement to the Credit Risk Manager by the ServicersServicer and the Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or Servicer and the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall not have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On . With respect to each Distribution Date, on or about the 15th calendar day of each monththe month following the month in which such Distribution Date occurs, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurerthe Depositor, the Trustee, the Swap CounterpartyTrust Administrator, the Securities Administrator Servicer, the Master Servicer, the Swap Provider and each Certificateholderthe Cap Provider, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Cxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, Inc. as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to the Credit Risk Management Agreements Agreement to the Credit Risk Manager by the ServicersServicers and/or the Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator Trustee and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, Inc. as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the ServicersServicer. The Credit Risk Manager shall look solely to the Servicers Servicer and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall not have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator Trustee and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the DepositorDepositor and the Trust, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements Agreement to the Credit Risk Manager by the Servicerseach Servicer and/or Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. The Credit Risk Manager shall be entitled to compensation from the Trust equal to the Credit Risk Manager Fee. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each CertificateholderDepositor, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Cxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX EXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap CounterpartySecurities Administrator, the Securities Administrator Swap Counterparty and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the DepositorDepositor and the Trust, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the ServicersServicer and the Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or Servicer and the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management AgreementAgreements. The Credit Risk Manager shall be entitled to compensation from the Trust equal to the Credit Risk Manager Fee. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each CertificateholderDepositor, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, commencing on or about June 15, 2007, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap CounterpartySecurities Administrator, the Securities Administrator Swap Counterparty and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Premium Amounts with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to a Credit Risk Management Agreements Agreement to the Credit Risk Manager by the ServicersServicers and/or the Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap CounterpartyDepositor, the Securities Administrator and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the DepositorDepositor and the Trust, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements Agreement to the Credit Risk Manager by the ServicersServicer and/or Master Servicer. The Credit Risk Manager shall look solely to the Servicers Servicer and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. The Credit Risk Manager shall be entitled to compensation from the Trust equal to the Credit Risk Manager Fee. In addition, the Credit Risk Manager shall be entitled to receive an upfront start fee to be paid by an affiliate of the Depositor in an amount agreed upon between the Credit Risk Manager and the Depositor. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each CertificateholderDepositor, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to the Credit Risk Management Agreements Agreement to the Credit Risk Manager by the ServicersServicer. The Credit Risk Manager shall look solely to the Servicers Servicer and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap CounterpartySecurities Administrator, the Securities Administrator Swap Counterparty and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Cxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the DepositorDepositor and the Trust, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the ServicersServicer and the Master Servicer. The Credit Risk Manager shall look solely to the Servicers and/or Servicer and the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management AgreementAgreements. The Credit Risk Manager shall be entitled to compensation from the Trust equal to the Credit Risk Manager Fee. (b) On or about the 15th calendar day of each month, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap Counterparty, the Securities Administrator and each CertificateholderDepositor, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):reports:

Duties of the Credit Risk Manager. (a) The Certificateholders, by their purchase and acceptance of the Certificates, appoint Xxxxxxx Fixed Income Services Inc., formerly known as The Murrayhill Company, as Credit Risk Manager. For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Premiums with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided pursuant to Credit Risk Management Agreements to the Credit Risk Manager by the Servicers. The Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans and neither the Securities Administrator nor the Trustee shall have any obligation to provide any such information to the Credit Risk Manager and shall not otherwise have any responsibility under the Credit Risk Management Agreement. (b) On or about the 15th calendar day of each month, commencing on or about October 15, 2007, the Credit Risk Manager shall have prepared and shall make available to any NIMS Insurer, the Trustee, the Swap CounterpartySecurities Administrator, the Securities Administrator Swap Counterparty and each Certificateholder, the following reports (each such report to be made in a format compatible with XXXXX filing requirements):