0000882377-06-004189 Sample Contracts

ISDA® International Swaps and Derivatives Association, Inc. NOVATION AGREEMENT dated as of June 23, 2006 among:
Novation Agreement • December 15th, 2006 • GSC Capital Corp. Mortgage Trust 2006-2 • Asset-backed securities • New York

Transferor and Remaining Party have entered into a Transaction (the “Old Transaction”), evidenced by a Confirmation (an “Old Confirmation”) attached hereto as Exhibit I, subject to a 1992 ISDA Master Agreement (as defined below) dated as of May 17, 1996 (the “Old Agreement”).

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SWAP CONTRACT ADMINISTRATION AGREEMENT
Swap Contract Administration Agreement • December 15th, 2006 • GSC Capital Corp. Mortgage Trust 2006-2 • Asset-backed securities • New York

This SWAP CONTRACT ADMINISTRATION AGREEMENT, dated as of June 23, 2006 (this “Agreement”), among THE BANK OF NEW YORK (“BNY”), as Swap Contract Administrator (in such capacity, the “Swap Contract Administrator”) and not in its individual or corporate capacity but solely as Indenture Trustee under the Indenture referred to below (in such capacity, the “Indenture Trustee”), COUNTRYWIDE HOME LOANS, INC. (“CHL”), and GSC Capital Corp. QRS Delaware Real Estate Holdings, Inc. (“GSC”).

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