Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 18 contracts
Samples: Owner Trust Agreement (FBR Securitization, Inc.), Trust Agreement (NYMT Securities CORP), Trust Agreement (Fieldstone Mortgage Investment CORP)
Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Certificate Distribution Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 18 contracts
Samples: Trust Agreement (Homebanc Corp), Trust Agreement (HomeBanc Mortgage Trust 2006-2), Trust Agreement (Aegis Asset Backed Securities Trust 2005-1)
Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Certificate Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 9 contracts
Samples: Trust Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Transfer and Servicing Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Trust Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2)
Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 8 contracts
Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3), Owner Trust Agreement (FBR Securitization Trust 2005-4)
Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Certificate Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer Sale and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 7 contracts
Samples: Trust Agreement (Indymac MBS Inc), Trust Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Trust Agreement (Greenpoint Mortgage Funding Trust 2005-He4)
Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer Sale and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 6 contracts
Samples: Trust Agreement (Indymac Abs Inc), Trust Agreement (Cwalt Inc), Trust Agreement (CWMBS Inc)
Segregation of Moneys; No Interest. Moneys Moneys, if any, received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 1 contract
Segregation of Moneys; No Interest. Moneys (if any) received by or on behalf the Owner Trustee hereunder shall be segregated from the general assets of the Owner Trustee hereunder and deposited into held in trust for the Collection Account will be segregated except to the extent required otherwise by law or the provisions benefit of the Transfer Person entitled thereto under the Operative Documents, and Servicing Agreement. The the Owner Trustee shall not be liable for payment of any interest in respect of such moneysthereon.
Appears in 1 contract
Samples: Construction Agency Agreement (Mondavi Robert Corp)
Segregation of Moneys; No Interest. Moneys received by or on behalf of the Owner Trustee hereunder and deposited into the Collection Certificate Account will be segregated except to the extent required otherwise by law or the provisions of the Transfer Sale and Servicing Agreement. The Owner Trustee shall not be liable for payment of any interest in respect of such moneys.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)
