Common use of Priorities of Distribution Clause in Contracts

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ARTICLE FIVE THE CERTIFICATES....................................................................................83 Section 5.01 The Certificates......................................................................83 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 Persons Deemed Owners.................................................................87 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89

Priorities of Distribution. 73 71 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ......78 Section 4.04 Allocation of Net Deferred Interest[Reserved]...................................................77 79 Section 4.05 Allocation of Realized Losses.........................................................77 ................................79 Section 4.06 Monthly Statements to Certificateholders..............................................78 .....................80 Section 4.07 Carryover Shortfall Distributions from the Yield Maintenance Reserve Fund......................................................80 Funds.......81 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates...............................81 ARTICLE FIVE THE CERTIFICATES...................................................................................................................................83 Section 5.01 The Certificates...................................................................................................................83 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.........................................................83 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.................................................87 Section 5.04 Persons Deemed Owners.........................................................................................................87 Section 5.05 Access to List of Certificateholders' Names and Addresses.................................87 Section 5.06 Maintenance of Office or Agency.....................................................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER..................................................................................................89

Priorities of Distribution. 73 60 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................64 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................64 Section 4.05 Allocation of Realized Losses.........................................................77 64 Section 4.06 Monthly Statements to Certificateholders..............................................78 65 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................67 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 67 ARTICLE FIVE THE CERTIFICATES....................................................................................83 69 Section 5.01 The Certificates......................................................................83 69 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 69 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 73 Section 5.04 Persons Deemed Owners.................................................................87 73 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 73 Section 5.06 Maintenance of Office or Agency.......................................................88 74 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8975

Priorities of Distribution. 73 65 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 70 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................71 Section 4.05 Allocation of Realized Losses.........................................................77 71 Section 4.06 Monthly Statements to Certificateholders..............................................78 72 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................74 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 74 ARTICLE FIVE THE CERTIFICATES....................................................................................83 76 Section 5.01 The Certificates......................................................................83 76 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 76 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 80 Section 5.04 Persons Deemed Owners.................................................................87 80 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 80 Section 5.06 Maintenance of Office or Agency.......................................................88 81 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8982

Priorities of Distribution. 73 58 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................61 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................61 Section 4.05 Allocation of Realized Losses.........................................................77 61 Section 4.06 Monthly Statements to Certificateholders..............................................78 62 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................64 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 64 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ......................................................................66 Section 5.01 The Certificates......................................................................83 66 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 66 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 70 Section 5.04 Persons Deemed Owners.................................................................87 70 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 71 Section 5.06 Maintenance of Office or Agency.......................................................88 71 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.................................................72

Priorities of Distribution. 73 63 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 67 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................68 Section 4.05 Allocation of Realized Losses.........................................................77 68 Section 4.06 Monthly Statements to Certificateholders..............................................78 69 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................71 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 71 ARTICLE FIVE THE CERTIFICATES....................................................................................83 73 Section 5.01 The Certificates......................................................................83 73 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 73 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 77 Section 5.04 Persons Deemed Owners.................................................................87 77 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 77 Section 5.06 Maintenance of Office or Agency.......................................................88 78 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8979

Priorities of Distribution. 73 63 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ...............67 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................68 Section 4.05 Allocation of Realized Losses.........................................................77 .........................................68 Section 4.06 Monthly Statements to Certificateholders..............................................78 ..............................69 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................71 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ............71 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...............................................................73 Section 5.01 The Certificates......................................................................83 ......................................................73 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................73 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .....................77 Section 5.04 Persons Deemed Owners.................................................................87 .................................................77 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 .............77 Section 5.06 Maintenance of Office or Agency.......................................................88 .......................................78 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89...........................................79

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 IV-2 SECTION 4.03. [Reserved]......................................................................IV-8 SECTION 4.04. Allocation of Realized Losses.........................................................77 Section 4.06 ...................................................IV-8 SECTION 4.05. [Reserved]......................................................................IV-9 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ........................................IV-9 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates.......................IV-9 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 .....................IV-10 SECTION 4.09. Distributions from the Corridor Contract Reserve Fund..........................IV-12 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 .................................................................V-1 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ......V-1 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ................................V-5 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ............................................................V-6 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ........................V-6 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89..................................................V-6

Priorities of Distribution. 73 60 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................65 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................65 Section 4.05 Allocation of Realized Losses.........................................................77 65 Section 4.06 Monthly Statements to Certificateholders..............................................78 66 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................68 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 68 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ..............................................................................70 Section 5.01 The Certificates......................................................................83 70 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 70 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 74 Section 5.04 Persons Deemed Owners.................................................................87 74 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 74 Section 5.06 Maintenance of Office or Agency.......................................................88 75 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89..........................................................76

Priorities of Distribution. 73 72 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 77 Section 4.04 Allocation of Net Deferred Interest...................................................[Reserved]............................................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 Monthly Statements to Certificateholders..............................................79 Section 4.08 Distributions from the Supplemental Interest Reserve Fund.............................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 4.09 Determination of Pass-Through Rates for LIBOR Certificates............................81 82 ARTICLE FIVE THE CERTIFICATES....................................................................................83 85 Section 5.01 The Certificates......................................................................83 85 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 85 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 89 Section 5.04 Persons Deemed Owners.................................................................87 90 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 90 Section 5.06 Maintenance of Office or Agency.......................................................88 90 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................91

Priorities of Distribution. 73 65 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................68 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................68 Section 4.05 Allocation of Realized Losses.........................................................77 68 Section 4.06 Monthly Statements to Certificateholders..............................................78 69 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................71 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 71 ARTICLE FIVE THE CERTIFICATES....................................................................................83 74 Section 5.01 The Certificates......................................................................83 74 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 74 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 78 Section 5.04 Persons Deemed Owners.................................................................87 78 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 78 Section 5.06 Maintenance of Office or Agency.......................................................88 79 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8980

Priorities of Distribution. 73 53 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 4.02 Monthly Statements to Certificateholders..............................................78 ..................................................58 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 4.03 Allocation of Applied Realized Loss Amounts...............................................61 Section 4.08 4.04 Certain Matters Relating to the Determination of Pass-Through Rates for LIBOR Certificates............................81 LIBOR....................................61 Section 4.05 Supplemental Interest Trust...............................................................62 Section 4.06 Trust's Obligations under the Interest Rate Swap Agreement; Replacement and Termination of the Interest Rate Swap Agreement ......................................63 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 CERTIFICATES Section 5.01 The Certificates......................................................................83 ..........................................................................64 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ...............65 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .........................................70 Section 5.04 Persons Deemed Owners.................................................................87 .....................................................................71 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 .................................71 Section 5.06 Maintenance of Office or Agency.......................................................88 ...........................................................71 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89VI

Priorities of Distribution. 73 58 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................62 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................61 Section 4.05 Allocation of Realized Losses.........................................................77 62 Section 4.06 Monthly Statements to Certificateholders..............................................78 63 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................65 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 65 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ......................................................................67 Section 5.01 The Certificates......................................................................83 67 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 67 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 71 Section 5.04 Persons Deemed Owners.................................................................87 71 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 72 Section 5.06 Maintenance of Office or Agency.......................................................88 72 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.................................................73

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ...............79 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................80 Section 4.05 Allocation of Realized Losses.........................................................77 .........................................80 Section 4.06 Monthly Statements to Certificateholders..............................................78 ..............................81 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................84 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ............84 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...............................................................87 Section 5.01 The Certificates......................................................................83 ......................................................87 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................87 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .....................91 Section 5.04 Persons Deemed Owners.................................................................87 .................................................91 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 .............91 Section 5.06 Maintenance of Office or Agency.......................................................88 .......................................92 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89..................................................93

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 60 SECTION 4.03. [Reserved]..............................................64 SECTION 4.04. Allocation of Realized Losses.........................................................77 Section 4.06 ...........................64 SECTION 4.05. [Reserved]..............................................66 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ................66 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates............................................68 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ............................................68 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 ........................................71 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ............................71 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 .......75 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ...................................75 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ...............................................76 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.........................76

Priorities of Distribution. 73 61 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................65 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................65 Section 4.05 Allocation of Realized Losses.........................................................77 65 Section 4.06 Monthly Statements to Certificateholders..............................................78 66 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................68 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 68 ARTICLE FIVE THE CERTIFICATES....................................................................................83 70 Section 5.01 The Certificates......................................................................83 70 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 70 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 74 Section 5.04 Persons Deemed Owners.................................................................87 74 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 74 Section 5.06 Maintenance of Office or Agency.......................................................88 75 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8976

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 60 SECTION 4.03. Allocation of Net Deferred Interest...................................................77 Section 4.05 ...............................................63 SECTION 4.04. Allocation of Realized Losses.........................................................77 Section 4.06 .....................................................64 SECTION 4.05. [Reserved]........................................................................65 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ..........................................65 SECTION 4.07. [Reserved]........................................................................67 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ........................67 SECTION 4.09. Carryover Shortfall Reserve Fund..................................................69 SECTION 4.10. Determination of One-Year MTA.....................................................69 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 ..................................................................70 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ......................................................................71 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 .................................75 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 .............................................................76 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 .........................76 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89...................................................76

Priorities of Distribution. 73 65 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ...............69 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................70 Section 4.05 Allocation of Realized Losses.........................................................77 .........................................70 Section 4.06 Monthly Statements to Certificateholders..............................................78 ..............................71 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................73 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ............73 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ............................................................75 Section 5.01 The Certificates......................................................................83 ......................................................75 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .....................79 Section 5.04 Persons Deemed Owners.................................................................87 .................................................79 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 .............79 Section 5.06 Maintenance of Office or Agency.......................................................88 .......................................80 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89........................................81

Priorities of Distribution. 73 61 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................64 Section 4.04 Allocation of Net Deferred Interest...................................................77 64 Section 4.05 Allocation of Realized Losses.........................................................77 64 Section 4.06 Monthly Statements to Certificateholders..............................................78 65 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 67 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 68 ARTICLE FIVE THE CERTIFICATES....................................................................................83 70 Section 5.01 The Certificates......................................................................83 70 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 70 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 74 Section 5.04 Persons Deemed Owners.................................................................87 74 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 74 Section 5.06 Maintenance of Office or Agency.......................................................88 75 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8976

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 94 SECTION 4.03. [Reserved]..................................................102 SECTION 4.04. Allocation of Realized Losses.........................................................77 Section 4.06 ...............................102 SECTION 4.05. Cross-Collateralization.....................................104 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ....................105 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates................................................107 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ................................................108 SECTION 4.09. Distributions from the Corridor Contract Corridor Contract Reserve Fund.......................................109 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 ............................................111 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ....................................111 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ...........116 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 .......................................116 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ...................................................116 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.............................117

Priorities of Distribution. 73 69 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ..............................................72 Section 4.04 Allocation of Net Deferred Interest...................................................77 ..................................................................73 Section 4.05 Allocation of Realized Losses.........................................................77 ........................................................................73 Section 4.06 Monthly Statements to Certificateholders..............................................78 .............................................................74 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 .....................................................................76 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ...........................................77 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ..............................................................................................79 Section 5.01 The Certificates......................................................................83 .....................................................................................79 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................79 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 ....................................................83 Section 5.04 Persons Deemed Owners.................................................................87 ................................................................................83 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 ............................................83 Section 5.06 Maintenance of Office or Agency.......................................................88 ......................................................................84 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89..........................................................................85

Priorities of Distribution. 73 68 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 72 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................73 Section 4.05 Allocation of Realized Losses.........................................................77 73 Section 4.06 Monthly Statements to Certificateholders..............................................78 74 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................77 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 77 ARTICLE FIVE THE CERTIFICATES....................................................................................83 80 Section 5.01 The Certificates......................................................................83 80 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 80 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 84 Section 5.04 Persons Deemed Owners.................................................................87 84 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 84 Section 5.06 Maintenance of Office or Agency.......................................................88 85 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................86

Priorities of Distribution. 73 69 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ............................................75 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved].........................................................................................76 Section 4.05 Allocation of Realized Losses.........................................................77 ......................................................................76 Section 4.06 Monthly Statements to Certificateholders..............................................78 ...........................................................77 Section 4.07 Carryover Shortfall Reserve Fund......................................................[Reserved].........................................................................................80 Section 4.08 Distributions from the Supplemental Interest Reserve Fund..........................................80 Section 4.09 Determination of Pass-Through Rates for LIBOR Certificates............................81 .........................................80 ARTICLE FIVE THE CERTIFICATES.........................................................................................................................................................................................83 Section 5.01 The Certificates.........................................................................................................................................................83 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...................................83 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.......................................................................................87 Section 5.04 Persons Deemed Owners...............................................................................................................................................87 Section 5.05 Access to List of Certificateholders' Names and Addresses.......................................................................87 Section 5.06 Maintenance of Office or Agency...........................................................................................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER........................................................................................................................................................89

Priorities of Distribution. 73 63 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ...............66 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................67 Section 4.05 Allocation of Realized Losses.........................................................77 .........................................67 Section 4.06 Monthly Statements to Certificateholders..............................................78 ..............................68 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................70 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ............70 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...............................................................73 Section 5.01 The Certificates......................................................................83 ......................................................73 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................73 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .....................77 Section 5.04 Persons Deemed Owners.................................................................87 .................................................77 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 .............77 Section 5.06 Maintenance of Office or Agency.......................................................88 .......................................78 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89...........................................79

Priorities of Distribution. 73 55 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]..............................................57 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]..............................................57 Section 4.05 Allocation of Realized Losses.........................................................77 ...........................57 Section 4.06 Monthly Statements to Certificateholders..............................................78 ................58 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]..............................................60 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ............................................60 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...............................................62 Section 5.01 The Certificates......................................................................83 ........................................62 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ................................62 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .......66 Section 5.04 Persons Deemed Owners.................................................................87 ...................................66 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 ...............................................66 Section 5.06 Maintenance of Office or Agency.......................................................88 .........................67 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89...........................68

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 SECTION 4.03. [Reserved]...............................................81 SECTION 4.04. [Reserved]...............................................81 SECTION 4.05. [Reserved]...............................................81 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 .................81 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates.............................................81 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 .............................................82 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 .........................................86 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 .................................87 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ........92 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ....................................92 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ................................................92 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89..........................93

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 SECTION 4.03. Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 ....................78 SECTION 4.04. [Reserved].............................................78 SECTION 4.05. [Reserved].............................................78 SECTION 4.06. Monthly Statements to Certificateholders.............................................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates...........................................78 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates.......................................................................79 SECTION 4.09. [Reserved].............................................81 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 ..................................................82 SECTION 5.01. The Certificates......................................................................83 Section 5.02 .......................................82 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates..........................................83 Section 5.03 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates...........................................87 Section 5.04 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ..................................88 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ..............................................88 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89........................88

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 61 SECTION 4.03. [Reserved].............................................64 SECTION 4.04. Allocation of Realized Losses.........................................................77 Section 4.06 ..........................64 SECTION 4.05. [Reserved].............................................65 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ...............65 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates...........................................67 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ...........................................68 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 .......................................70 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ...............................70 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ......75 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ..................................75 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ..............................................75 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89........................76

Priorities of Distribution. 73 68 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ...............72 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................73 Section 4.05 Allocation of Realized Losses.........................................................77 .........................................73 Section 4.06 Monthly Statements to Certificateholders..............................................78 ..............................74 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................76 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ............76 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...............................................................79 Section 5.01 The Certificates......................................................................83 ......................................................79 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................79 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 .....................83 Section 5.04 Persons Deemed Owners.................................................................87 .................................................83 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 .............83 Section 5.06 Maintenance of Office or Agency.......................................................88 .......................................84 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89...........................................85

Priorities of Distribution. 73 63 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................68 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................68 Section 4.05 Allocation of Realized Losses.........................................................77 68 Section 4.06 Monthly Statements to Certificateholders..............................................78 69 Section 4.07 Carryover Shortfall [Reserved]............................................................................72 Section 4.08 Distributions from the Supplemental Interest Reserve Fund......................................................80 .............................72 Section 4.08 4.09 Determination of Pass-Through Rates for LIBOR Certificates............................81 72 ARTICLE FIVE THE CERTIFICATES....................................................................................83 .................................................................................74 Section 5.01 The Certificates......................................................................83 74 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................................74 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 78 Section 5.04 Persons Deemed Owners.................................................................87 79 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 79 Section 5.06 Maintenance of Office or Agency.......................................................88 79 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89....................................................................80

Priorities of Distribution. 73 71 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 77 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................78 Section 4.05 Allocation of Realized Losses.........................................................77 78 Section 4.06 Monthly Statements to Certificateholders..............................................78 79 Section 4.07 Carryover Shortfall Distributions from the Yield Maintenance Reserve Funds................................82 Section 4.08 Distributions from the Supplemental Interest Reserve Fund......................................................80 .............................82 Section 4.08 4.09 Determination of Pass-Through Rates for LIBOR Certificates............................81 82 ARTICLE FIVE THE CERTIFICATES....................................................................................83 85 Section 5.01 The Certificates......................................................................83 85 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 85 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 89 Section 5.04 Persons Deemed Owners.................................................................87 89 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 90 Section 5.06 Maintenance of Office or Agency.......................................................88 90 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................91

Priorities of Distribution. 73 59 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]............................................................................63 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................63 Section 4.05 Allocation of Realized Losses.........................................................77 63 Section 4.06 Monthly Statements to Certificateholders..............................................78 64 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................66 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 66 ARTICLE FIVE THE CERTIFICATES....................................................................................83 68 Section 5.01 The Certificates......................................................................83 68 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 68 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 72 Section 5.04 Persons Deemed Owners.................................................................87 72 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 72 Section 5.06 Maintenance of Office or Agency.......................................................88 73 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8974

Priorities of Distribution. 73 71 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................76 Section 4.05 Allocation of Realized Losses.........................................................77 76 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall 4.08 Distributions from the Supplemental Interest Reserve Fund......................................................80 .............................78 Section 4.08 4.09 Determination of Pass-Through Rates for LIBOR Certificates............................81 ARTICLE FIVE THE CERTIFICATES....................................................................................83 84 Section 5.01 The Certificates......................................................................83 84 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 84 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 88 Section 5.04 Persons Deemed Owners.................................................................87 89 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 89 Section 5.06 Maintenance of Office or Agency.......................................................88 89 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................90

Priorities of Distribution. 73 68 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 71 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................72 Section 4.05 Allocation of Realized Losses.........................................................77 72 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 74 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...................................................................................75 Section 5.01 The Certificates......................................................................83 75 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 79 Section 5.04 Persons Deemed Owners.................................................................87 79 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 79 Section 5.06 Maintenance of Office or Agency.......................................................88 80 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89......................................................................81

Priorities of Distribution. 73 60 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Distributions in Reduction of the Class A-6 Certificates...........................................64 Section 4.04 Allocation of Net Deferred Interest...................................................77 Class A-6 Policy Matters...............................68 Section 4.05 Allocation of Realized Losses.........................................................77 ..........................70 Section 4.06 Monthly Statements to Certificateholders..............................................78 ...............71 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved].............................................73 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ...........................................73 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ...........................................75 Section 5.01 The Certificates......................................................................83 .......................................75 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ...........................75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 ......79 Section 5.04 Persons Deemed Owners.................................................................87 ..................................79 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 ..........................................80 Section 5.06 Maintenance of Office or Agency.......................................................88 ........................80 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................81

Priorities of Distribution. 73 65 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 69 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................70 Section 4.05 Allocation of Realized Losses.........................................................77 70 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 72 ARTICLE FIVE THE CERTIFICATES....................................................................................83 ................................................................................75 Section 5.01 The Certificates......................................................................83 75 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ..........................................................................75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 79 Section 5.04 Persons Deemed Owners.................................................................87 79 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 79 Section 5.06 Maintenance of Office or Agency.......................................................88 80 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89...................................................................81

Priorities of Distribution. 73 58 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 [Reserved]...............................................61 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]...............................................61 Section 4.05 Allocation of Realized Losses.........................................................77 ............................61 Section 4.06 Monthly Statements to Certificateholders..............................................78 .................62 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]...............................................64 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 .............................................64 ARTICLE FIVE THE CERTIFICATES....................................................................................83 .........................................66 Section 5.01 The Certificates......................................................................83 .........................................66 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 .................................66 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 ........70 Section 5.04 Persons Deemed Owners.................................................................87 ....................................70 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 ................................................71 Section 5.06 Maintenance of Office or Agency.......................................................88 ..........................71 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89....................72

Priorities of Distribution. 73 63 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 66 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................67 Section 4.05 Allocation of Realized Losses.........................................................77 67 Section 4.06 Monthly Statements to Certificateholders..............................................78 68 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 [Reserved]............................................................................70 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 70 ARTICLE FIVE THE CERTIFICATES....................................................................................83 72 Section 5.01 The Certificates......................................................................83 72 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 72 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 76 Section 5.04 Persons Deemed Owners.................................................................87 76 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 76 Section 5.06 Maintenance of Office or Agency.......................................................88 77 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................8978

Priorities of Distribution. 73 72 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................[Reserved]............................................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 Section 4.08 Supplemental Interest Trust...........................................................82 ARTICLE FIVE THE CERTIFICATES....................................................................................83 Section 5.01 The Certificates......................................................................83 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 88 Section 5.04 Persons Deemed Owners.................................................................87 88 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 88 Section 5.06 Maintenance of Office or Agency.......................................................88 89 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................90

Priorities of Distribution. 73 Section 4.03 IV-2 SECTION 4.03. [Reserved]............................................................................IV-6 SECTION 4.04. Allocation of Realized Losses.........................................................IV-6 SECTION 4.05. Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 IV-6 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 IV-7 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates.............................IV-7 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 IV-8 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 .......................................................................V-1 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ............V-1 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ......................................V-5 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ..................................................................V-5 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ..............................V-6 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89........................................................V-6

Priorities of Distribution. 73 Section 4.03 63 SECTION 4.03. [Reserved].............................................67 SECTION 4.04. Allocation of Realized Losses..........................67 SECTION 4.05. Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 ..................................................68 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ...............69 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates...........................................69 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ...........................................70 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 ..................................................73 SECTION 5.01. The Certificates......................................................................83 Section 5.02 .......................................73 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ...............................73 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ......78 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ..................................78 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ..............................................78 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ........................79 ARTICLE SIX VI THE DEPOSITOR AND THE MASTER SERVICER................................................................89............................80

Priorities of Distribution. 73 68 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 73 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................74 Section 4.05 Allocation of Realized Losses.........................................................77 74 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 75 ARTICLE FIVE THE CERTIFICATES....................................................................................83 79 Section 5.01 The Certificates......................................................................83 79 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 79 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 83 Section 5.04 Persons Deemed Owners.................................................................87 83 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 83 Section 5.06 Maintenance of Office or Agency.......................................................88 84 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................85

Priorities of Distribution. 73 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ARTICLE FIVE THE CERTIFICATES....................................................................................................................................................................83 Section 5.01 The Certificates......................................................................83 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 Persons Deemed Owners.................................................................87 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER............................................................................................................................89

Priorities of Distribution. 73 Section 4.03 IV-2 SECTION 4.03. [Reserved]............................................................................IV-8 SECTION 4.04. Allocation of Realized Losses.........................................................IV-8 SECTION 4.05. Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 ..............................IV-10 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 .............................................IV-10 SECTION 4.07. Determination of Pass-Through Rates for COFI Certificates............................IV-10 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ...........................IV-11 SECTION 4.09. Distributions from the Corridor Contract Reserve Fund................................IV-13 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 .......................................................................V-1 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ............V-1 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 ......................................V-5 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 ..................................................................V-6 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 ..............................V-6 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89........................................................V-6

Priorities of Distribution. 73 68 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 ....71 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved].................................................72 Section 4.05 Allocation of Realized Losses.........................................................77 ..............................72 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 ...................74 ARTICLE FIVE THE CERTIFICATES....................................................................................83 .................................................77 Section 5.01 The Certificates......................................................................83 ...........................................77 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 ...................................77 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 ..........81 Section 5.04 Persons Deemed Owners.................................................................87 ......................................81 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 ..81 Section 5.06 Maintenance of Office or Agency.......................................................88 ............................82 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89....................................83 Section 6.01 Respective Liabilities of the Depositor and the Servicer...83 Section 6.02 Merger or Consolidation of the Depositor or the Servicer...83 Section 6.03 Limitation on Liability of the Depositor, the Seller, the Servicer, and Others...................................83 Section 6.04 Limitation on Resignation of the Servicer..................84

Priorities of Distribution. 73 68 Section 4.03 Cross-Collateralization; Adjustments to Available Funds...............................76 71 Section 4.04 Allocation of Net Deferred Interest...................................................77 [Reserved]............................................................................72 Section 4.05 Allocation of Realized Losses.........................................................77 72 Section 4.06 Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates............................81 74 ARTICLE FIVE THE CERTIFICATES....................................................................................83 78 Section 5.01 The Certificates......................................................................83 78 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates...........83 78 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 82 Section 5.04 Persons Deemed Owners.................................................................87 82 Section 5.05 Access to List of Certificateholders' Names and Addresses.............................87 82 Section 5.06 Maintenance of Office or Agency.......................................................88 83 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89.......................................................................84

Priorities of Distribution. 73 Section 4.03 63 SECTION 4.03. Allocation of Net Deferred Interest...............................................67 SECTION 4.04. Allocation of Realized Losses.....................................................69 SECTION 4.05. Cross-Collateralization; Adjustments to Available Funds...............................76 Section 4.04 Allocation of Net Deferred Interest...................................................77 Section 4.05 Allocation of Realized Losses.........................................................77 Section 4.06 ...........................70 SECTION 4.06. Monthly Statements to Certificateholders..............................................78 Section 4.07 Carryover Shortfall Reserve Fund......................................................80 Section 4.08 ..........................................71 SECTION 4.07. [Reserved]........................................................................73 SECTION 4.08. Determination of Pass-Through Rates for LIBOR Certificates............................81 ........................73 ARTICLE FIVE V THE CERTIFICATES....................................................................................83 Section 5.01 CERTIFICATES SECTION 5.01. The Certificates......................................................................83 Section 5.02 ..................................................................75 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates...........83 Section 5.03 ......................................................................75 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................87 Section 5.04 .................................80 SECTION 5.04. Persons Deemed Owners.................................................................87 Section 5.05 .............................................................80 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.............................87 Section 5.06 .........................80 SECTION 5.06. Maintenance of Office or Agency.......................................................88 ...................................................81 ARTICLE SIX THE DEPOSITOR AND THE MASTER SERVICER................................................................89VI