Common use of Posted Collateral Account Clause in Contracts

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement. (c) The Posted Collateral Account shall be an Eligible Account. The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Account shall remain uninvested.

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement. (c) The Posted Collateral Account shall be an Eligible Account. . (d) The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Account shall remain uninvestedbe terminated on the termination date of the Swap Agreement.

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement. (c) The Posted Collateral Account shall be an Eligible Account. The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Account shall remain uninvested. (d) The Posted Collateral Account shall be terminated on the termination date of the Swap Agreement, the Yield Maintenance Agreement and the Corridor Agreements.

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap AgreementAgreements. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement I and Paragraph 13(g)(i) of the credit support annex to Swap Agreement II and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to Swap Agreements I and the credit support annex to Swap AgreementAgreement II. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap AgreementAgreements. (c) The Posted Collateral Account shall be an Eligible Account. . (d) The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Account shall remain uninvestedbe terminated on the later of the termination date of the Swap Agreements.

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement. (c) The Posted Collateral Account shall be an Eligible Account. The Supplemental Interest Trust Trustee shall, at the written direction of the Master ServicerSwap Counterparty, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master ServicerSwap Counterparty, all funds in the Posted Collateral Account shall remain uninvested.

Posted Collateral Account. (a) [On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement.] (b) [The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement.] (c) [The Posted Collateral Account shall be an Eligible Account. The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Account shall remain uninvested.]

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement. (c) The Posted Collateral Account shall be an Eligible Account. The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Supplemental Interest Trust Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Supplemental Interest Trust Account shall remain uninvested. (d) The Posted Collateral Account shall be terminated on the termination date of the Swap Agreement.

Posted Collateral Account. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall establish and maintain a Posted Collateral Account pursuant to the terms of the Swap Agreement. (b) The Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall deposit in the Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap Agreement. (c) The Posted Collateral Account shall be an Eligible Account. . (d) The Supplemental Interest Trust Trustee shall, at the written direction of the Master Servicer, invest amounts on deposit in the Posted Collateral Account in Permitted Investments. In the absence of written direction to the Supplemental Interest Trust Trustee from the Master Servicer, all funds in the Posted Collateral Account shall remain uninvestedbe terminated on the later of the termination date of the Swap Agreements.

Posted Collateral Account. The Trustee may, and does hereby, appoint the Securities Administrator as its custodian under any Cap Contract. Upon the occurrence of a Rating Agency Downgrade (aas defined in the related Cap Contract) On the Closing Dateor as otherwise provided in a Cap Contract, the Supplemental Interest Trust TrusteeSecurities Administrator, on behalf of the Supplemental Interest TrustTrustee, shall establish and maintain a Posted Collateral Account pursuant to the terms Account, which shall be denominated "Citibank, N.A., as Trustee f/b/o holders of the Swap Agreement. (b) The Supplemental Interest Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust Trustee2007-3, on behalf of the Supplemental Interest TrustMortgage Pass-Through Certificates, shall deposit in the Series 2007-3 - Posted Collateral Account all collateral posted by the Swap Counterparty pursuant to Paragraph 13(g)(i) of the credit support annex to the Swap Agreement and held by the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, pursuant to the credit support annex to the Swap Agreement. Assets deposited into the Posted Collateral Account (i) shall not be commingled or used with any other asset held by the Supplemental Interest Trust Trustee and (ii) shall not be transferred to any other person or entity except as may be provided in the Swap AgreementAccount. (c) " The Posted Collateral Account shall be an Eligible Account. The Supplemental Interest Trust Trustee shall, at Securities Administrator shall deposit into such account any amounts required to be posted by the written direction of the Master Servicer, invest amounts Counterparty pursuant to a Cap Contract. Amounts on deposit in the Posted Collateral Account will be invested by the Securities Administrator in Permitted Investments. In Investments at the absence of written direction to of the Supplemental Interest Trust Trustee from Counterparty; provided, that, if no such direction is provided then the Master Servicer, all funds amounts in the Posted Collateral Account shall remain uninvested. Amounts deposited in the Posted Collateral Account shall be released by the Securities Administrator in accordance with the provisions of the related Cap Contract.