Common use of PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS Clause in Contracts

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 SECTION 4.01. Priorities of Distribution.................................2 SECTION 4.02. Allocation of Losses.......................................2 SECTION 4.03. Recoveries.................................................2 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 SECTION 4.06. Servicer to Cooperate......................................2 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 93 SECTION 4.01. Priorities of Distribution.................................2 ............................................................93 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................99 SECTION 4.03. Recoveries.................................................2 ...........................................................................100 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 .............................................101 SECTION 4.064.05. Servicer to Cooperate......................................2 ................................................................101 SECTION 4.074.06. Cross-Collateralization; Adjustments to Available Funds......................................................2 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 SECTION 4.10. Group 5 Funds; Interest Rate Cap Account..........................2 Agreement................................102 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 .........................................................104 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ........................................104 ARTICLE VI THE CERTIFICATES..................................................2 .....................................................................................105 SECTION 6.01. The Certificates...........................................2 .....................................................................105 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 ................................106 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 ....................................110 SECTION 6.04. Persons Deemed Owners......................................2 ................................................................111 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 ............................111 SECTION 6.06. Maintenance of Office or Agency............................2 ......................................................111 SECTION 6.07. Book Entry Certificates....................................2 ..............................................................111 SECTION 6.08. Notices to Clearing Agency.................................2 ...........................................................112 SECTION 6.09. Definitive Certificates....................................2 ..............................................................112 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2.............

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 46 SECTION 4.01. Priorities of Distribution.................................2 ............................................................46 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................55 SECTION 4.03. Recoveries.................................................2 ............................................................................56 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 ..............................................56 SECTION 4.064.05. Servicer to Cooperate......................................2 .................................................................59 SECTION 4.06. [Reserved]............................................................................59 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 [Reserved]............................................................................59 SECTION 4.08. Reserved...................................................2 Supplemental Interest Trust...........................................................59 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 Rights of Swap Counterparty...........................................................59 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 Replacement Swap Counterparty.........................................................59 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ..........................................................59 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ......................................................................................59 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS SERVICERS, THE SPECIAL SERVICER AND THE SPECIAL SERVICER..............................2MODIFICATION OVERSIGHT AGENT..............................................................61 ARTICLE VIII DEFAULT.............................................................................................61 ARTICLE IX

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 104 SECTION 4.01. Priorities of Distribution.................................2 ...........................................104 SECTION 4.02. Allocation of Losses.......................................2 .................................................112 SECTION 4.03. Recoveries.................................................2 ...........................................................113 SECTION 4.04. Reserved...................................................2 .............................................................114 SECTION 4.05. Monthly Statements to Certificateholders...................2 .............................114 SECTION 4.06. Servicer to Cooperate......................................2 ................................................114 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 ..............115 SECTION 4.08. Reserved...................................................2 .............................................................116 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 Reserved.............................................................116 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 ....................................116 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 ..............................118 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ........................118 ARTICLE VI THE CERTIFICATES..................................................2 ...........................................................119 SECTION 6.01. The Certificates...........................................2 .....................................................119 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 ................120 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 ....................125 SECTION 6.04. Persons Deemed Owners......................................2 ................................................125 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 ............125 SECTION 6.06. Maintenance of Office or Agency............................2 ......................................125 SECTION 6.07. Book Entry Certificates....................................2 ..............................................126 SECTION 6.08. Notices to Clearing Agency.................................2 ...........................................126 SECTION 6.09. Definitive Certificates....................................2 ..............................................127 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2.................................................128 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Back-Up Servicer, the Servicers and the Special Servicer........

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 46 SECTION 4.01. Priorities of Distribution.................................2 ............................................................47 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................57 SECTION 4.03. Recoveries.................................................2 ............................................................................59 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 ..............................................59 SECTION 4.064.05. Servicer to Cooperate......................................2 .................................................................59 SECTION 4.074.06. Cross-Collateralization; Adjustments to Available Funds......................................................2 ...............................60 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 SECTION 4.104.07. Group 5 Interest Rate Cap Account..........................2 .....................................................60 SECTION 4.08. Supplemental Interest Trust(s)........................................................62 SECTION 4.09. Rights of Swap Counterparty...........................................................62 SECTION 4.10. Replacement Swap Counterparty.........................................................63 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ..........................................................63 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ......................................................................................63 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS SERVICERS, THE SPECIAL SERVICER AND THE SPECIAL SERVICER..............................2MODIFICATION OVERSIGHT AGENT..................................................................63 ARTICLE VIII DEFAULT.............................................................................................63 ARTICLE

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 46 SECTION 4.01. Priorities of Distribution.................................2 ............................................................46 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................55 SECTION 4.03. Recoveries.................................................2 ............................................................................56 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 ..............................................56 SECTION 4.064.05. Servicer to Cooperate......................................2 .................................................................57 SECTION 4.06. [Reserved]............................................................................57 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 [Reserved]............................................................................57 SECTION 4.08. Reserved...................................................2 Supplemental Interest Trust...........................................................57 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 Rights of Swap Counterparty...........................................................59 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 Replacement Swap Counterparty.........................................................59 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ..........................................................59 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2......................................................................................60

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 125 SECTION 4.01. Priorities of Distribution.................................2 ...............................125 SECTION 4.02. Allocation of Losses.......................................2 .....................................138 SECTION 4.03. Recoveries.................................................2 ...............................................139 SECTION 4.04. Reserved...................................................2 .................................................139 SECTION 4.05. Monthly Statements to Certificateholders...................2 .................140 SECTION 4.06. Servicer to Cooperate......................................2 ....................................140 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 ..141 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 7 Basis Risk Reserve Fund............................2 ..........................142 SECTION 4.09. Class C-B-1 Basis Risk Reserve Fund......................143 SECTION 4.10. Group 5 Class 7-A-3 Interest Rate Cap Account..........................2 ....................144 SECTION 4.11. Class 7-A-4 Interest Rate Cap Account....................145 SECTION 4.12. Class 7-M-4 Interest Rate Cap Account....................147 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 ....................149 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ............149 ARTICLE VI THE CERTIFICATES..................................................2 ................................................150 SECTION 6.01. The Certificates...........................................2 .........................................150 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 ....151 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 ........155 SECTION 6.04. Persons Deemed Owners......................................2 ....................................156 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 ......................................156 SECTION 6.06. Maintenance of Office or Agency............................2 ..........................156 SECTION 6.07. Book Entry Certificates....................................2 ..................................156 SECTION 6.08. Notices to Clearing Agency.................................2 ...............................157 SECTION 6.09. Definitive Certificates....................................2 ..................................157 ARTICLE VII THE DEPOSITOR, THE SELLERSELLERS, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2...................