Common use of The Swap Agreement; Supplemental Interest Trust Clause in Contracts

The Swap Agreement; Supplemental Interest Trust. (a) On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in the name of the Supplemental Interest Trust Trustee, as a separate trust for the benefit of the Certificates, the Supplemental Interest Trust. The Supplemental Interest Trust shall hold the Swap Agreement and the Swap Account. The Swap Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including without limitation, other moneys held by the Trustee pursuant to this Agreement.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2006-4), Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-6), Custodial Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2006-3)

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The Swap Agreement; Supplemental Interest Trust. (a) On the Closing Date, the Supplemental Interest Trust Trustee shall establish and maintain in the name of the Supplemental Interest Trust Trustee, as a separate trust for the benefit of the Certificates, the Supplemental Interest Trust. The Supplemental Interest Trust shall hold the Swap Agreement and the Swap Account. The Swap Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including without limitation, other moneys held by the Trustee pursuant to this Agreement.

Appears in 2 contracts

Samples: Custodial Agreement (Home Equity Mortgage Trust 2005-5), Custodial Agreement (Home Equity Mortgage Trust 2005-5)

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