Common use of PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS Clause in Contracts

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 99 SECTION 4.01 Certificate Account.........................99 SECTION 4.02 Distributions..............................100 SECTION 4.03 Allocation of Realized Losses..............106 SECTION 4.04 Monthly Statements to Certificateholders...107 SECTION 4.05 Prepayment Interest Shortfalls and Relief Act Shortfalls......................109 SECTION 4.06 Auction Administration Agreement; Swap Agreement..................................110 SECTION 4.07 Deemed Distributions on REMIC Regular Interests..................................111 ARTICLE V ADVANCES...........................................112 SECTION 5.01 Monthly Advances by the Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 ARTICLE VI THE CERTIFICATES...................................113 SECTION 6.01 The Certificates...........................113 SECTION 6.02 Registration of Transfer and Exchange of Certificates...............................115 SECTION 6.03 Mutilated, Destroyed, Lost or Stolen Certificates...............................122 SECTION 6.04 Persons Deemed Owners......................123 SECTION 6.05 Access to List of Certificateholders' Names and Addresses........................123 SECTION 6.06 Maintenance of Office or Agency............123 ARTICLE VII THE DEPOSITOR, SELLER AND THE SERVICER.............124 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................124

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 99 46 SECTION 4.01 Certificate Account.........................99 4.01. Priorities of Distribution............................................................46 SECTION 4.02 Distributions..............................100 SECTION 4.03 4.02. Allocation of Realized Losses..............106 ..................................................................55 SECTION 4.04 4.03. Recoveries............................................................................56 SECTION 4.04. Monthly Statements to Certificateholders...107 ..............................................56 SECTION 4.05 Prepayment 4.05. Servicer to Cooperate.................................................................57 SECTION 4.06. [Reserved]............................................................................57 SECTION 4.07. [Reserved]............................................................................57 SECTION 4.08. Supplemental Interest Shortfalls and Relief Act Shortfalls......................109 Trust...........................................................57 SECTION 4.06 Auction Administration Agreement; 4.09. Rights of Swap Agreement..................................110 Counterparty...........................................................59 SECTION 4.07 Deemed Distributions on REMIC Regular Interests..................................111 4.10. Replacement Swap Counterparty.........................................................59 ARTICLE V ADVANCES...........................................112 SECTION 5.01 Monthly Advances by the Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................59 ARTICLE VI THE CERTIFICATES...................................113 SECTION 6.01 The Certificates...........................113 SECTION 6.02 Registration of Transfer and Exchange of Certificates...............................115 SECTION 6.03 Mutilated, Destroyed, Lost or Stolen Certificates...............................122 SECTION 6.04 Persons Deemed Owners......................123 SECTION 6.05 Access to List of Certificateholders' Names and Addresses........................123 SECTION 6.06 Maintenance of Office or Agency............123 ARTICLE VII THE DEPOSITOR, SELLER AND THE SERVICER.............124 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................124......................................................................................60

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 99 2 SECTION 4.01 Certificate Account.........................99 4.01. Priorities of Distribution.................................2 SECTION 4.02 Distributions..............................100 SECTION 4.03 4.02. Allocation of Realized Losses..............106 .......................................2 SECTION 4.04 4.03. Recoveries.................................................2 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...107 ...................2 SECTION 4.05 Prepayment 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 Shortfalls and Relief Act Shortfalls......................109 SECTION 4.06 Auction Administration Agreement; Swap Agreement..................................110 SECTION 4.07 Deemed Distributions on REMIC Regular Interests..................................111 Rate Cap Account..........................2 ARTICLE V ADVANCES...........................................112 ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01 Monthly 5.01. Advances by the Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 Master Servicer and Servicers..............2 ARTICLE VI THE CERTIFICATES...................................113 ..................................................2 SECTION 6.01 6.01. The Certificates...........................113 ...........................................2 SECTION 6.02 6.02. Registration of Transfer and Exchange of Certificates...............................115 ...............................................2 SECTION 6.03 6.03. Mutilated, Destroyed, Lost or Stolen Certificates...............................122 ..........2 SECTION 6.04 6.04. Persons Deemed Owners......................123 ......................................2 SECTION 6.05 6.05. Access to List of Certificateholders' Names and Addresses........................123 ..................................................2 SECTION 6.06 6.06. Maintenance of Office or Agency............123 ............................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, SELLER THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER.............124 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................124..............................2

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 99 106 SECTION 4.01 Certificate Account.........................99 4.01. Priorities of Distribution...........................................................106 SECTION 4.02 Distributions..............................100 SECTION 4.03 4.02. Allocation of Realized Losses..............106 .................................................................115 SECTION 4.04 4.03. Recoveries...........................................................................117 SECTION 4.04. Reserved.............................................................................117 SECTION 4.05. Monthly Statements to Certificateholders...107 .............................................117 SECTION 4.05 Prepayment 4.06. Servicer to Cooperate................................................................118 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds..............................118 SECTION 4.08. Reserved.............................................................................119 SECTION 4.09. Reserved.............................................................................119 SECTION 4.10. Group 6 Interest Shortfalls and Relief Act Shortfalls......................109 Rate Cap Account....................................................119 SECTION 4.06 Auction Administration Agreement; 4.11. Supplemental Interest Trust..........................................................121 SECTION 4.12. Rights of Swap Agreement..................................110 Counterparty..........................................................123 SECTION 4.07 Deemed Distributions on REMIC Regular Interests..................................111 4.13. Replacement Swap Counterparty........................................................123 ARTICLE V ADVANCES...........................................112 ADVANCES BY THE MASTER SERVICER AND SERVICERS.........................................................124 SECTION 5.01 Monthly 5.01. Advances by the Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 Master Servicer and Servicers........................................124 ARTICLE VI THE CERTIFICATES...................................113 .....................................................................................125 SECTION 6.01 6.01. The Certificates...........................113 .....................................................................125 SECTION 6.02 6.02. Registration of Transfer and Exchange of Certificates...............................115 ................................126 SECTION 6.03 6.03. Mutilated, Destroyed, Lost or Stolen Certificates...............................122 ....................................131 SECTION 6.04 6.04. Persons Deemed Owners......................123 ................................................................131 SECTION 6.05 6.05. Access to List of Certificateholders' Names and Addresses........................123 ............................131 SECTION 6.06 6.06. Maintenance of Office or Agency............123 ARTICLE VII THE DEPOSITOR, SELLER AND THE SERVICER.............124 ......................................................131 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................1246.07. Book Entry Certificates..............................................................132 SECTION 6.08. Notices to Clearing Agency...........................................................132 SECTION 6.09. Definitive Certificates..............................................................133

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 99 46 SECTION 4.01 Certificate Account.........................99 4.01. Priorities of Distribution............................................................46 SECTION 4.02 Distributions..............................100 SECTION 4.03 4.02. Allocation of Realized Losses..............106 ..................................................................55 SECTION 4.04 4.03. Recoveries............................................................................56 SECTION 4.04. Monthly Statements to Certificateholders...107 ..............................................56 SECTION 4.05 Prepayment 4.05. Servicer to Cooperate.................................................................59 SECTION 4.06. [Reserved]............................................................................59 SECTION 4.07. [Reserved]............................................................................59 SECTION 4.08. Supplemental Interest Shortfalls and Relief Act Shortfalls......................109 Trust...........................................................59 SECTION 4.06 Auction Administration Agreement; 4.09. Rights of Swap Agreement..................................110 Counterparty...........................................................59 SECTION 4.07 Deemed Distributions on REMIC Regular Interests..................................111 4.10. Replacement Swap Counterparty.........................................................59 ARTICLE V ADVANCES...........................................112 SECTION 5.01 Monthly Advances by the Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................59 ARTICLE VI THE CERTIFICATES...................................113 SECTION 6.01 The Certificates...........................113 SECTION 6.02 Registration of Transfer and Exchange of Certificates...............................115 SECTION 6.03 Mutilated, Destroyed, Lost or Stolen Certificates...............................122 SECTION 6.04 Persons Deemed Owners......................123 SECTION 6.05 Access to List of Certificateholders' Names and Addresses........................123 SECTION 6.06 Maintenance of Office or Agency............123 ......................................................................................59 ARTICLE VII THE DEPOSITOR, SELLER THE SELLER, THE MASTER SERVICER, THE SERVICERS, THE SPECIAL SERVICER AND THE SERVICER.............124 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................124MODIFICATION OVERSIGHT AGENT..............................................................61 ARTICLE VIII DEFAULT.............................................................................................61 ARTICLE IX

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 99 46 SECTION 4.01 Certificate Account.........................99 4.01. Priorities of Distribution............................................................47 SECTION 4.02 Distributions..............................100 SECTION 4.03 4.02. Allocation of Realized Losses..............106 ..................................................................57 SECTION 4.04 4.03. Recoveries............................................................................59 SECTION 4.04. Monthly Statements to Certificateholders...107 ..............................................59 SECTION 4.05 Prepayment 4.05. Servicer to Cooperate.................................................................59 SECTION 4.06. Cross-Collateralization; Adjustments to Available Funds...............................60 SECTION 4.07. Group 5 Interest Shortfalls and Relief Act Shortfalls......................109 Rate Cap Account.....................................................60 SECTION 4.06 Auction Administration Agreement; 4.08. Supplemental Interest Trust(s)........................................................62 SECTION 4.09. Rights of Swap Agreement..................................110 Counterparty...........................................................62 SECTION 4.07 Deemed Distributions on REMIC Regular Interests..................................111 4.10. Replacement Swap Counterparty.........................................................63 ARTICLE V ADVANCES...........................................112 SECTION 5.01 Monthly Advances by the Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................63 ARTICLE VI THE CERTIFICATES...................................113 SECTION 6.01 The Certificates...........................113 SECTION 6.02 Registration of Transfer and Exchange of Certificates...............................115 SECTION 6.03 Mutilated, Destroyed, Lost or Stolen Certificates...............................122 SECTION 6.04 Persons Deemed Owners......................123 SECTION 6.05 Access to List of Certificateholders' Names and Addresses........................123 SECTION 6.06 Maintenance of Office or Agency............123 ......................................................................................63 ARTICLE VII THE DEPOSITOR, SELLER THE SELLER, THE MASTER SERVICER, THE SERVICERS, THE SPECIAL SERVICER AND THE SERVICER.............124 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................124MODIFICATION OVERSIGHT AGENT..................................................................63 ARTICLE VIII DEFAULT.............................................................................................63 ARTICLE