Common Contracts

12 similar Pooling and Servicing Agreement contracts by NovaStar Certificates Financing CORP, NovaStar Certificates Financing LLC, Novastar Mortgage Funding Trust, Series 2007-1

NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian and DEUTSCHE BANK NATIONAL TRUST COMPANY as Trustee POOLING AND SERVICING AGREEMENT Dated as of May 1,...
Pooling and Servicing Agreement • June 8th, 2007 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

For the Distribution Date in August 2008, an amount equal to the sum of the amounts described in clauses (II) through (III) of the definition of Class I Monthly Interest Formula Amounts.

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NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian and DEUTSCHE BANK NATIONAL TRUST COMPANY as Trustee POOLING AND SERVICING AGREEMENT Dated as of...
Pooling and Servicing Agreement • April 18th, 2007 • Novastar Mortgage Funding Trust, Series 2007-1 • Asset-backed securities • New York

With respect to each Class of Reallocable Certificates and its corresponding Class of Class N Certificates, such Certificate Principal Balance shall be allocated between the two based upon the Percentage Interests previously subject to Reallocation (with such Certificate Principal Balances initially allocated entirely to the corresponding Class N Certificates). For all purposes of this Agreement other than as specifically provided herein or than as deemed necessary by the Trustee in connection with the Reallocation mechanics (e.g., for purposes of determining the Principal Distribution Amounts, allocations of Realized Losses, and other rules relating to the calculations of distributions) the distinction between the Reallocable Certificates’ and the corresponding Class of Class N Certificates’ Certificate Principal Balances shall be disregarded, and they shall be considered to be the same.

NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian and DEUTSCHE BANK NATIONAL TRUST COMPANY as Trustee POOLING AND SERVICING AGREEMENT Dated as of...
Pooling and Servicing Agreement • April 9th, 2007 • Novastar Mortgage Funding Trust, Series 2007-1 • Asset-backed securities • New York

With respect to each Class of Reallocable Certificates and its corresponding Class of Class N Certificates, such Certificate Principal Balance shall be allocated between the two based upon the Percentage Interests previously subject to Reallocation (with such Certificate Principal Balances initially allocated entirely to the corresponding Class N Certificates). For all purposes of this Agreement other than as specifically provided herein or than as deemed necessary by the Trustee in connection with the Reallocation mechanics (e.g., for purposes of determining the Principal Distribution Amounts, allocations of Realized Losses, and other rules relating to the calculations of distributions) the distinction between the Reallocable Certificates’ and the corresponding Class of Class N Certificates’ Certificate Principal Balances shall be disregarded, and they shall be considered to be the same.

NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian and DEUTSCHE BANK NATIONAL TRUST COMPANY as Trustee POOLING AND SERVICING AGREEMENT Dated as of...
Pooling and Servicing Agreement • December 6th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

With respect to each Class of Reallocable Certificates and its corresponding Class of Class N Certificates, such Certificate Principal Balance shall be allocated between the two based upon the Percentage Interests previously subject to Reallocation (with such Certificate Principal Balances initially allocated entirely to the corresponding Class N Certificates). For all purposes of this Agreement other than as specifically provided herein or than as deemed necessary by the Trustee in connection with the Reallocation mechanics (e.g., for purposes of determining the Principal Distribution Amounts, allocations of Realized Losses, and other rules relating to the calculations of distributions) the distinction between the Reallocable Certificates’ and the corresponding Class of Class N Certificates’ Certificate Principal Balances shall be disregarded, and they shall be considered to be the same.

NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian and DEUTSCHE BANK NATIONAL TRUST COMPANY as Trustee POOLING AND SERVICING AGREEMENT Dated as of August...
Pooling and Servicing Agreement • September 8th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

On each Distribution Date, all Realized Losses, prepayments and payments of scheduled principal generated with respect to the Mortgage Loans shall be allocated to each REMIC IV Regular Interest and reduce the principal balance thereof in the order and relative amount of such reduction to the principal balance of each class’s Corresponding Class of Master REMIC Certificates.

NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian JPMORGAN CHASE BANK, NATIONAL ASSOCIATION as Trustee and J.P. MORGAN TRUST COMPANY, NATIONAL...
Pooling and Servicing Agreement • July 7th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

This Pooling and Servicing Agreement is dated as of June 1, 2006 (the “Agreement”), among NOVASTAR MORTGAGE FUNDING CORPORATION, as depositor (the “Depositor”), NOVASTAR MORTGAGE, INC., as servicer (the “Servicer”) and as sponsor (the “Sponsor”), U.S. BANK NATIONAL ASSOCIATION, as custodian (the “Custodian”), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as trustee (the “Trustee”) and J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION, as co-trustee (the “Co-Trustee”).

NOVASTAR MORTGAGE FUNDING CORPORATION, as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Sponsor U.S. BANK NATIONAL ASSOCIATION as Custodian JPMORGAN CHASE BANK, NATIONAL ASSOCIATION as Trustee and J.P. MORGAN TRUST COMPANY, NATIONAL...
Pooling and Servicing Agreement • June 26th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

excess, if any, of (x) the aggregate cumulative amount of Available Funds Cap Shortfall Amounts for such Class on all prior Distribution Dates over (y) the aggregate cumulative amount of Supplemental Interest Payments actually paid to the Holders of that Class on all prior Distribution Dates pursuant to those clauses of Section 4.04(c), which relate to payments to that Class, plus (ii) interest on the amount described in clause (i) at a rate equal to the related Formula Rate for such Class and Distribution Date.

NOVASTAR CERTIFICATES FINANCING CORPORATION] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Seller as Custodian and as Trustee POOLING AND SERVICING AGREEMENT Dated as of , 200[ ]
Pooling and Servicing Agreement • April 13th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

This Pooling and Servicing Agreement is dated as of , 20[ ] (the “Agreement”), among [NOVASTAR CERTIFICATES FINANCING CORPORATION] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as depositor (the “Depositor”), NOVASTAR MORTGAGE, INC., as servicer (the “Servicer”) and as seller (the “Seller”), [ ], as custodian (the “Custodian”), [ ], as trustee (the “Trustee”) and [ ] as co-trustee (the “Co-Trustee”).

NOVASTAR CERTIFICATES FINANCING CORPORATION] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Seller as Custodian as Trustee and as Co-Trustee POOLING AND SERVICING AGREEMENT Dated as of , 200[ ]
Pooling and Servicing Agreement • April 13th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York

This Pooling and Servicing Agreement is dated as of , 20[ ] (the “Agreement”), among [NOVASTAR CERTIFICATES FINANCING CORPORATION] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as depositor (the “Depositor”), NOVASTAR MORTGAGE, INC., as servicer (the “Servicer”) and as seller (the “Seller”), [ ], as custodian (the “Custodian”), [ ], as trustee (the “Trustee”) and [ ], as co-trustee (the “Co-Trustee”).

NOVASTAR CERTIFICATES FINANCING LLC] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Seller as Custodian as Trustee and as Co-Trustee POOLING AND SERVICING AGREEMENT Dated as of , 200[ ]
Pooling and Servicing Agreement • March 24th, 2006 • NovaStar Certificates Financing LLC • Asset-backed securities • New York

This Pooling and Servicing Agreement is dated as of , 20[ ] (the “Agreement”), among [NOVASTAR CERTIFICATES FINANCING LLC] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as depositor (the “Depositor”), NOVASTAR MORTGAGE, INC., as servicer (the “Servicer”) and as seller (the “Seller”), [ ], as custodian (the “Custodian”), [ ], as trustee (the “Trustee”) and [ ], as co-trustee (the “Co-Trustee”).

NOVASTAR CERTIFICATES FINANCING LLC] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as Depositor NOVASTAR MORTGAGE, INC., as Servicer and as Seller as Custodian and as Trustee POOLING AND SERVICING AGREEMENT Dated as of , 200[ ]
Pooling and Servicing Agreement • March 24th, 2006 • NovaStar Certificates Financing LLC • Asset-backed securities • New York

This Pooling and Servicing Agreement is dated as of , 20[ ] (the “Agreement”), among [NOVASTAR CERTIFICATES FINANCING LLC] [NOVASTAR MORTGAGE FUNDING CORPORATION,] as depositor (the “Depositor”), NOVASTAR MORTGAGE, INC., as servicer (the “Servicer”) and as seller (the “Seller”), [ ], as custodian (the “Custodian”), [ ], as trustee (the “Trustee”) and [ ] as co-trustee (the “Co-Trustee”).

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