Common use of Yield Maintenance Account Clause in Contracts

Yield Maintenance Account. (a) The Securities Administrator is hereby directed by the Depositor to execute and deliver the Yield Maintenance Agreements on behalf of the Trust, for the benefit of the Class A-1, Class A-2, Class A-3 and Class A-4 Certificateholders, in the forms presented to it by the Depositor and shall have no responsibility for the contents, adequacy or sufficiency of the Yield Maintenance Agreements, including, without limitation, the representations and warranties contained therein. Each Holder of a Certificate is deemed, by acceptance of such Certificate, to authorize the Securities Administrator to execute and deliver the Yield Maintenance Agreements.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2005-4), Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2005-2)

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Yield Maintenance Account. (a) The Securities Administrator is hereby directed by the Depositor to execute and deliver the Yield Maintenance Agreements on behalf of the Trust, for the benefit of the Class A-1A1, Class A-2A2, Class A-3 A3 and Class A-4 A4 Certificateholders, in the forms presented to it by the Depositor and shall have no responsibility for the contents, adequacy or sufficiency of the Yield Maintenance Agreements, including, without limitation, the representations and warranties contained therein. Each Holder of a Certificate is deemed, by acceptance of such Certificate, to authorize the Securities Administrator to execute and deliver the Yield Maintenance Agreements.

Appears in 1 contract

Samples: Trust Agreement (Thornburg Mortgage Securities Trust 2005-3)

Yield Maintenance Account. (a) The Securities Administrator is hereby directed by the Depositor to execute and deliver the Yield Maintenance Agreements Agreement on behalf of the Trust, for the benefit of the Class A-1, Class A-2, Class A-3 A-1 and Class A-4 CertificateholdersA-2 Certificates (the "YIELD MAINTENANCE AGREEMENT"), in the forms form presented to it by the Depositor and shall have no responsibility for the contents, adequacy or sufficiency of the Yield Maintenance AgreementsAgreement, including, without limitation, the representations and warranties contained therein. Each Holder of a Certificate is deemed, by acceptance of such Certificate, to authorize the Securities Administrator to execute and deliver the Yield Maintenance AgreementsAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-5)

Yield Maintenance Account. (a) The Securities Administrator is hereby directed by the Depositor to execute and deliver the Yield Maintenance Agreements Agreement on behalf of the Trust, for the benefit of the Class A-1, Class A-2, Class A-3 A-1 and Class A-4 CertificateholdersA-2 Certificates (the “Yield Maintenance Agreement”), in the forms form presented to it by the Depositor and shall have no responsibility for the contents, adequacy or sufficiency of the Yield Maintenance AgreementsAgreement, including, without limitation, the representations and warranties contained therein. Each Holder of a Certificate is deemed, by acceptance of such Certificate, to authorize the Securities Administrator to execute and deliver the Yield Maintenance AgreementsAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-6)

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Yield Maintenance Account. (a) The Securities Administrator is hereby directed by the Depositor to execute and deliver the Yield Maintenance Agreements on behalf of the Trust, for the benefit of the Class A-1, Class A-2, A-2 and Class A-3 and Class A-4 Certificateholders, in the forms presented to it by the Depositor and shall have no responsibility for the contents, adequacy or sufficiency of the Yield Maintenance Agreements, including, without limitation, the representations and warranties contained therein. Each Holder of a Certificate is deemed, by acceptance of such Certificate, to authorize the Securities Administrator to execute and deliver the Yield Maintenance Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-1)

Yield Maintenance Account. (a) The Securities Administrator is hereby directed by the Depositor to execute and deliver the Yield Maintenance Agreements Agreement on behalf of the Trust, for the benefit of the Class A-1, A-1 and the Class A-2, Class A-3 and Class A-4 CertificateholdersX Certificates (the “Yield Maintenance Agreement”), in the forms form presented to it by the Depositor and shall have no responsibility for the contents, adequacy or sufficiency of the Yield Maintenance AgreementsAgreement, including, without limitation, the representations and warranties contained therein. Each Holder of a Class A-1 or Class X Certificate is deemed, by acceptance of such Certificate, to authorize the Securities Administrator to execute and deliver the Yield Maintenance AgreementsAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Zuni 2006-Oa1)

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