Common use of Maintenance of the Rounding Account; Collections Thereunder Clause in Contracts

Maintenance of the Rounding Account; Collections Thereunder. On or prior to the Closing Date, the Trust Administrator shall establish a separate account (the “Rounding Account”) with respect to the Special Retail Certificates, and the Underwriter shall deposit an amount equal to $999.99 in the Rounding Account. The Trust Administrator shall maintain the Rounding Account to provide, if needed, the Rounding Amount (defined below) on any Distribution Date. If, on any Distribution Date, the Trust Administrator determines based on the information provided by the Master Servicer that amounts are available out of the Group 2 Available Funds (after giving effect to the last sentence of this paragraph) for distributions of principal on the Special Retail Certificates, and the aggregate amount allocable to such distributions of principal is not an amount equal to an integral multiple of $1,000, the Trust Administrator shall withdraw from the Rounding Account an amount which, when added to the amount allocable to such distributions of principal for the Special Retail Certificates, would be an integral multiple of $1,000 (the “Rounding Amount”). On each Distribution Date prior to the date on which any Realized Loss would decrease the Class Principal Balance of the Special Retail Certificates, with respect to which the Trust Administrator determines that amounts are available out of Group 2 Available Funds for distributions of principal on the Special Retail Certificates, the aggregate amount allocable to such Class will be applied first to repay any funds withdrawn from the Rounding Account on prior Distribution Dates which have not been repaid. For federal tax return and information reporting purposes, the Rounding Account shall be considered to have a value of $999.99. Any amounts withdrawn by the Trust Administrator from the Rounding Account shall be deposited in the Distribution Account for distribution to the Holders of the Special Retail Certificates as described in the preceding paragraph. On or promptly after the date the Class Principal Balance of the Special Retail Certificates has been reduced to zero or the date on which the Class 1-A-3 Insurer fails to make an Insured Payment in respect of principal, the Trust Administrator shall remit to the Underwriter any amounts remaining in the Rounding Account. Amounts on deposit in the Rounding Account shall not be invested. The Rounding Account established hereunder shall be an asset of the Master REMIC, (B) the Rounding Account Regular Interest shall be owned for federal tax purposes by the Underwriter and the Underwriter shall report all amounts of income, deduction, gain or loss accruing therefrom, and (C) amounts transferred from the Rounding Account to the Underwriter shall be treated for all federal tax purposes as distributed by the Master REMIC on the Rounding Account Regular Interest.

Maintenance of the Rounding Account; Collections Thereunder. On or prior to the Closing Date, the Trust Administrator Master Servicer shall establish a separate account (the “Rounding Account”) with respect to the Special Retail Certificates, and the Underwriter shall deposit an amount equal to $999.99 in the Rounding Account, which shall be non-interest bearing, and Countrywide Securities Corporation shall deposit $1,999.98 therein. The Trust Administrator Master Servicer shall maintain the Rounding Account such account to provide, if needed, the applicable Rounding Amount (defined below) on any Distribution Date. If, on any On the first Distribution Date, the Trust Administrator determines based on the information provided by Date with respect to which the Master Servicer determines that amounts are available out of the Group 2 Available Funds (after giving effect to the last sentence of this paragraph) Distribution Amount for distributions of principal on the Special Retail Class A-14 Certificates or Class A-16 Certificates, and the aggregate amount allocable to such distributions of principal is not an amount equal to an integral multiple of $1,0001,000.00, the Trust Administrator Master Servicer shall withdraw from the Rounding Account an amount which, when added to the amount allocable to such distributions of principal for the Special Retail Certificates, would be an integral multiple of $1,000 (the “applicable Rounding Amount”). On each succeeding Distribution Date Date, prior to the date on which any Realized Loss would decrease the Class Principal Balance of the Special Retail CertificatesCredit Support Depletion Date, with respect to which the Trust Administrator Master Servicer determines that amounts are available out of Group 2 the Available Funds Distribution Amount for distributions of principal on the Special Retail Class A-14 Certificates or Class A-16 Certificates, the aggregate amount allocable to such Class A-14 and Class A-16 Certificate, respectively, will be applied first to repay replenish any funds withdrawn from the Rounding Account on prior Distribution Dates which have not been repaid. For federal tax return and information reporting purposesIf the remainder of the aggregate amount allocable to distributions of principal on each such Class is not an amount equal to an integral multiple of $1,000.00, the Master Servicer shall withdraw from the Rounding Account shall be considered Account, to have a value of $999.99the extent funds are available therein, the applicable Rounding Amount. Any amounts withdrawn by the Trust Administrator Master Servicer from the Rounding Account shall be deposited in the Distribution Certificate Account for distribution to the Holders of the Special Retail Class A-14 Certificates and Class A-16 Certificates, as applicable, as described in the immediately preceding paragraph. Funds held in the Certificate Account shall be invested as described in Section 4.05. On or promptly after the date the Class Principal Balance of the Special Retail Certificates has been reduced to zero or the date on which the Class 1-A-3 Insurer fails to make an Insured Payment in respect of principalCredit Support Depletion Date, the Trust Administrator Master Servicer shall remit be entitled to the Underwriter withdraw and pay to itself as additional compensation any remaining amounts remaining on deposit in the Rounding Account. Amounts on deposit in the Rounding Account shall not be invested. The Rounding Account established hereunder shall be an asset of the Master REMIC, (B) the Rounding Account Regular Interest shall be owned for federal tax purposes by the Underwriter and the Underwriter shall report all amounts of income, deduction, gain or loss accruing therefrom, and (C) amounts transferred from the Rounding Account to the Underwriter shall be treated for all federal tax purposes as distributed by the Master REMIC on the Rounding Account Regular Interest.[END OF ARTICLE V]

Maintenance of the Rounding Account; Collections Thereunder. On or prior to the Closing Date, the Trust Administrator Trustee shall establish a separate account (the “Rounding Account”) with respect to the Special Retail Certificates, and the Underwriter shall deposit an amount equal to $999.99 in the Rounding Account. The Trust Administrator shall maintain the Rounding Account and Bear, Xxxxxxx & Co. Inc. shall deposit $999.99 therein. The Trustee shall maintain such account to provide, if needed, the applicable Rounding Amount (defined below) on any Distribution Date. If, on any On the first Distribution Date, Date with respect to which the Trust Administrator Trustee determines based on the information provided by the Master Servicer that amounts are available out of the Group 2 Available Funds (after giving effect to the last sentence of this paragraph) Distribution Amount for distributions of principal on the Special Retail Class A-3 Certificates, and the aggregate amount allocable to such distributions of principal is not an amount equal to an integral multiple of $1,000, the Trust Administrator Trustee shall withdraw from the Rounding Account an amount which, when added to the amount allocable to such distributions of principal for the Special Retail Certificates, would be an integral multiple of $1,000 (the “applicable Rounding Amount”). On each succeeding Distribution Date Date, prior to the date on which any Realized Loss would decrease the Class Principal Balance of the Special Retail CertificatesCredit Support Depletion Date, with respect to which the Trust Administrator Trustee determines that amounts are available out of Group 2 the Available Funds Distribution Amount for distributions of principal on the Special Retail Class A-3 Certificates, the aggregate amount allocable to such Class will be applied first to repay replenish any funds withdrawn from the Rounding Account on prior Distribution Dates which have not been repaid. For federal tax return and information reporting purposesIf the remainder of the aggregate amount allocable to distributions of principal to the Class A-3 Certificates is not an amount equal to an integral multiple of $1,000, the Trustee shall withdraw from the Rounding Account shall be considered Account, to have a value of $999.99the extent funds are available therein, the applicable Rounding Amount. Any amounts withdrawn by the Trust Administrator Trustee from the Rounding Account shall be deposited in the Distribution Certificate Account for distribution to the Holders of the Special Retail Certificates Class A-3 Certificateholders as described in the immediately preceding paragraph. On or promptly after Funds held in the date the Class Principal Balance of the Special Retail Certificates has been reduced to zero or the date on Certificate Account shall be invested in Eligible Investments which the Class 1-A-3 Insurer fails to make an Insured Payment in respect of principal, the Trust Administrator shall remit mature not later than one Business Day prior to the Underwriter any amounts remaining in the Rounding Account. Amounts on deposit in the Rounding Account shall not be investedDistribution Date. The Rounding Account established hereunder shall be an asset of "outside revenue fund" under the Master REMIC, (B) the Rounding Account Regular Interest shall be REMIC Provisions that is beneficially owned for all federal income tax purposes by the Underwriter and the Underwriter shall report all amounts of incomeBear, deduction, gain or loss accruing therefrom, and (C) amounts transferred from the Rounding Account to the Underwriter shall be treated for all federal tax purposes as distributed by the Master REMIC on the Rounding Account Regular Interest.Xxxxxxx & Co. Inc.

Maintenance of the Rounding Account; Collections Thereunder. On or prior to the Closing Date, the Trust Administrator Trustee shall establish a separate account (the “"Rounding Account”") with respect to the Special Retail Certificates, and the Underwriter Banc of America Securities LLC shall deposit an amount equal to $999.99 in the such Rounding Account. The Trust Administrator Trustee shall maintain the Rounding Account such account to provide, if needed, the Rounding Amount (defined below) on any Distribution Date. If, on any Distribution Date, the Trust Administrator Trustee determines based on the information provided by the Master Servicer that amounts are available out of the Pool Distribution Amount for Loan Group 2 Available Funds 1 (after giving effect to the last sentence of this paragraph) or out of payments on the Policy for distributions of principal on the Special Retail Certificates, and the aggregate amount allocable to such distributions of principal is not an amount equal to an integral multiple of $1,000, the Trust Administrator Trustee shall withdraw from the Rounding Account an amount which, when added to the amount allocable to such distributions of principal for the Special Retail Certificatesprincipal, would be an integral multiple of $1,000 (the “"Rounding Amount”"). On each Distribution Date prior to the date on which any Realized Loss would decrease the Class Principal Certificate Balance of the Special Retail Certificates, with respect to which the Trust Administrator Trustee determines that amounts are available out of the Pool Distribution Amount for Loan Group 2 Available Funds 1 for distributions of principal on the any Special Retail Certificates, the aggregate amount allocable to such Class will be applied first to repay any funds withdrawn from the Rounding Account on prior Distribution Dates which have not been repaid. For federal tax return and information reporting purposes, the Rounding Account shall be considered to have a value of $999.99. Any amounts withdrawn by the Trust Administrator Trustee from the Rounding Account shall be deposited in the Distribution Certificate Account for Group 1 for distribution to the Holders of the Special Retail Certificates as described in the preceding paragraph. On or promptly after the date the Class Principal Certificate Balance of the Special Retail Certificates has been reduced to zero or the date on which the Class 1-A-3 Insurer MBIA fails to make an Insured Payment in respect of principal, the Trust Administrator Trustee shall remit to the Underwriter Banc of America Securities LLC any amounts remaining in the Rounding Account. Amounts on deposit in the Rounding Account shall not be invested. The Rounding Account established hereunder hereunder, to the extent that it constitutes a "reserve fund" for purposes of the REMIC Provisions, shall be an "outside reserve fund" as defined in Section 1.860G-2(h) of the Treasury Regulations, and in that regard (A) the Rounding Account shall be an outside reserve fund and not an asset of either of the Master Upper-Tier REMIC or Lower-Tier REMIC, (B) the Rounding Account Regular Interest shall be owned for federal tax purposes by the Underwriter Banc of America Securities LLC and the Underwriter Banc of America Securities LLC shall report all amounts of income, deduction, gain or loss accruing therefrom, and (C) amounts transferred from by the Lower-Tier REMIC to the Rounding Account to the Underwriter shall be treated for all federal tax purposes as distributed by the Master Lower-Tier REMIC on the Rounding Account Regular Interestto Banc of America Securities LLC.

Maintenance of the Rounding Account; Collections Thereunder. On or prior to the Closing Date, the Trust Administrator Trustee shall establish a separate account (the “"Rounding Account”") with respect to the Special Retail Certificates, and the Underwriter Banc of America Securities LLC shall deposit an amount equal to $999.99 in the such Rounding Account. The Trust Administrator Trustee shall maintain the Rounding Account such account to provide, if needed, the Rounding Amount (defined below) on any Distribution Date. If, on any Distribution Date, the Trust Administrator Trustee determines based on the information provided by the Master Servicer that amounts are available out of the Pool Distribution Amount for Loan Group 2 Available Funds 1 (after giving effect to the last sentence of this paragraph) or out of payments on the Policy for distributions of principal on the Special Retail Certificates, and the aggregate amount allocable to such distributions of principal is not an amount equal to an integral multiple of $1,000, the Trust Administrator Trustee shall withdraw from the Rounding Account an amount which, when added to the amount allocable to such distributions of principal for the Special Retail Certificatesprincipal, would be an integral multiple of $1,000 (the “"Rounding Amount”"). On each Distribution Date prior to the date on which any Realized Loss would decrease the Class Principal Certificate Balance of the Special Retail Certificates, with respect to which the Trust Administrator Trustee determines that amounts are available out of the Pool Distribution Amount for Loan Group 2 Available Funds 1 for distributions of principal on the any Special Retail Certificates, the aggregate amount allocable to such Class will be applied first to repay any funds withdrawn from the Rounding Account on prior Distribution Dates which have not been repaid. For federal tax return and information reporting purposes, the Rounding Account shall be considered to have a value of $999.99. Any amounts withdrawn by the Trust Administrator Trustee from the Rounding Account shall be deposited in the Distribution Certificate Account for Group 1 for distribution to the Holders of the Special Retail Certificates as described in the preceding paragraph. On or promptly after the date the Class Principal Certificate Balance of the Special Retail Certificates has been reduced to zero or the date on which the Class 1-A-3 Insurer MBIA fails to make an Insured Payment in respect of principal, the Trust Administrator Trustee shall remit to the Underwriter Banc of America Securities LLC any amounts remaining in the Rounding Account. Amounts on deposit in the Rounding Account shall not be invested. The Rounding Account established hereunder hereunder, to the extent that it constitutes a "reserve fund" for purposes of the REMIC Provisions, shall be an "outside reserve fund" as defined in Section 1.860G-2(h) of the Treasury Regulations, and in that regard (A) the Rounding Account shall be an outside reserve fund and not an asset of any of the Master Upper-Tier REMIC, Middle-Tier REMIC or Lower-Tier REMIC, (B) the Rounding Account Regular Interest shall be owned for federal tax purposes by the Underwriter Banc of America Securities LLC and the Underwriter Banc of America Securities LLC shall report all amounts of income, deduction, gain or loss accruing therefrom, and (C) amounts transferred from by the Lower-Tier REMIC to the Rounding Account to the Underwriter shall be treated for all federal tax purposes as distributed by the Master Lower-Tier REMIC on the Rounding Account Regular Interestto Banc of America Securities LLC.

Maintenance of the Rounding Account; Collections Thereunder. On or prior to the Closing Date, the Trust Administrator shall establish a separate account (the “Rounding Account”) with respect to the Special Retail Certificates, and the Underwriter shall deposit an amount equal to $999.99 in the Rounding Account. The Trust Administrator shall maintain the Rounding Account to provide, if needed, the Rounding Amount (defined below) on any Distribution Date. If, on any Distribution Date, the Trust Administrator determines based on the information provided by the Master Servicer that amounts are available out of the Group 2 Available Funds (after giving effect to the last sentence of this paragraph) for distributions of principal on the Special Retail Certificates, and the aggregate amount allocable to such distributions of principal is not an amount equal to an integral multiple of $1,000, the Trust Administrator shall withdraw from the Rounding Account an amount which, when added to the amount allocable to such distributions of principal for the Special Retail Certificates, would be an integral multiple of $1,000 (the “Rounding Amount”). On each Distribution Date prior to the date on which any Realized Loss would decrease the Class Principal Balance of the Special Retail Certificates, with respect to which the Trust Administrator determines that amounts are available out of Group 2 Available Funds for distributions of principal on the Special Retail Certificates, the aggregate amount allocable to such Class will be applied first to repay any funds withdrawn from the Rounding Account on prior Distribution Dates which have not been repaid. For federal tax return and information reporting purposes, the Rounding Account shall be considered to have a value of $999.99. Any amounts withdrawn by the Trust Administrator from the Rounding Account shall be deposited in the Distribution Account for distribution to the Holders of the Special Retail Certificates as described in the preceding paragraph. On or promptly after the date the Class Principal Balance of the Special Retail Certificates has been reduced to zero or the date on which the Class 12-A-3 A-2 Insurer fails to make an Insured Payment in respect of principal, the Trust Administrator shall remit to the Underwriter any amounts remaining in the Rounding Account. Amounts on deposit in the Rounding Account shall not be invested. The Rounding Account established hereunder shall be an asset of the Master REMIC, (B) the Rounding Account Regular Interest shall be owned for federal tax purposes by the Underwriter and the Underwriter shall report all amounts of income, deduction, gain or loss accruing therefrom, and (C) amounts transferred from the Rounding Account to the Underwriter shall be treated for all federal tax purposes as distributed by the Master REMIC on the Rounding Account Regular Interest.