Common use of PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS Clause in Contracts

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 SECTION 4.01. Priorities of Distribution............................................................73 SECTION 4.02. Allocation of Losses..................................................................73 SECTION 4.03. Recoveries............................................................................73 SECTION 4.04. Monthly Statements to Certificateholders..............................................73 SECTION 4.05. Servicer to Cooperate.................................................................74 SECTION 4.06. Cross-Collateralization; Adjustments to Available Funds...............................75 SECTION 4.07. Interest Rate Cap Account(s)..........................................................75 SECTION 4.08. Supplemental Interest Trust(s)........................................................75 SECTION 4.09. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ARTICLE VI THE CERTIFICATES......................................................................................78 SECTION 6.01. The Certificates......................................................................78 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 SECTION 6.04. Persons Deemed Owners.................................................................84 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 SECTION 6.06. Maintenance of Office or Agency.......................................................84 SECTION 6.07. Book-Entry Certificates...............................................................85 SECTION 6.08. Notices to Clearing Agency............................................................85 SECTION 6.09. Definitive Certificates...............................................................86 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS, THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent..................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing............................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IX

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Adjustable Rate Mortgage Loan Trust 2007-2)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 104 SECTION 4.01. Priorities of Distribution............................................................73 ...........................................104 SECTION 4.02. Allocation of Losses..................................................................73 .................................................112 SECTION 4.03. Recoveries............................................................................73 ...........................................................113 SECTION 4.04. Reserved.............................................................114 SECTION 4.05. Monthly Statements to Certificateholders..............................................73 .............................114 SECTION 4.054.06. Servicer to Cooperate.................................................................74 ................................................114 SECTION 4.064.07. Cross-Collateralization; Adjustments to Available Funds...............................75 ..............115 SECTION 4.074.08. Reserved.............................................................116 SECTION 4.09. Reserved.............................................................116 SECTION 4.10. Group 5 Interest Rate Cap Account(s)..........................................................75 SECTION 4.08. Supplemental Interest Trust(s)........................................................75 SECTION 4.09. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 Account....................................116 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 ..............................118 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ........................118 ARTICLE VI THE CERTIFICATES......................................................................................78 ...........................................................119 SECTION 6.01. The Certificates......................................................................78 .....................................................119 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 ................120 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 ....................125 SECTION 6.04. Persons Deemed Owners.................................................................84 ................................................125 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 ............125 SECTION 6.06. Maintenance of Office or Agency.......................................................84 ......................................125 SECTION 6.07. Book-Book Entry Certificates...............................................................85 ..............................................126 SECTION 6.08. Notices to Clearing Agency............................................................85 ...........................................126 SECTION 6.09. Definitive Certificates...............................................................86 ..............................................127 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS, SERVICERS AND THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SERVICER.................................................128 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent..................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Back-Up Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, Servicers and the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing............................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IX........

Appears in 1 contract

Sources: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-11)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 SECTION 4.01. Priorities of Distribution............................................................73 SECTION 4.02. Allocation of Losses..................................................................73 SECTION 4.03. Recoveries............................................................................73 SECTION 4.04. Monthly Statements to Certificateholders..............................................73 SECTION 4.05. Servicer to Cooperate.................................................................74 SECTION 4.06. Cross-Collateralization; Adjustments to Available Funds...............................75 SECTION 4.07. Interest Rate Cap Account(s)..........................................................75 SECTION 4.08. Supplemental Interest Trust(s)........................................................75 SECTION 4.09. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ARTICLE VI THE CERTIFICATES......................................................................................78 SECTION 6.01. The Certificates......................................................................78 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 SECTION 6.04. Persons Deemed Owners.................................................................84 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 SECTION 6.06. Maintenance of Office or Agency.......................................................84 SECTION 6.07. Book-Entry Certificates...............................................................85 SECTION 6.08. Notices to Clearing Agency............................................................85 SECTION 6.09. Definitive Certificates...............................................................86 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS, THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT.................................................................................................................................................87 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent...............................................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Others......88 SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing..................................................................................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IX

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Adjustable Rate Mortgage Trust 2007-1)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 117 SECTION 4.01. Priorities of Distribution............................................................73 4.01 Certificate Account..............................117 SECTION 4.02. 4.02 Distributions....................................118 SECTION 4.03 Allocation of Realized Losses..................................................................73 ....................127 SECTION 4.03. Recoveries............................................................................73 SECTION 4.04. 4.04 Monthly Statements to Certificateholders..............................................73 .........129 SECTION 4.05. Servicer to Cooperate.................................................................74 4.05 Prepayment Interest Shortfalls and Relief Act Shortfalls...................................131 SECTION 4.06. Cross-Collateralization4.06 Auction Administration Agreement; Adjustments to Available Funds...............................75 Swap Agreement........................................132 SECTION 4.07. Interest Rate Cap Account(s)..........................................................75 SECTION 4.08. Supplemental Interest Trust(s)........................................................75 SECTION 4.09. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 4.07 Deemed Distributions on REMIC Regular Interests........................................133 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 ADVANCES.................................................135 SECTION 5.01. 5.01 Monthly Advances by the Trust Administrator, Master Servicer and Servicers....................76 Servicer.................135 SECTION 5.02 Advances for Attorneys' Fees.....................136 SECTION 5.03 Nonrecoverable Advances..........................136 SECTION 5.04 Advance Procedures...............................136 ARTICLE VI THE CERTIFICATES......................................................................................78 .........................................137 SECTION 6.01. 6.01 The Certificates......................................................................78 .................................137 SECTION 6.02. 6.02 Registration of Transfer and Exchange of Certificates.................................79 .....................................139 SECTION 6.03. 6.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 146 SECTION 6.04. 6.04 Persons Deemed Owners.................................................................84 ............................146 SECTION 6.05. 6.05 Access to List of Certificateholders' Names and Addresses.............................84 ....................................147 SECTION 6.06. 6.06 Maintenance of Office or Agency.......................................................84 SECTION 6.07. Book-Entry Certificates...............................................................85 SECTION 6.08. Notices to Clearing Agency............................................................85 SECTION 6.09. Definitive Certificates...............................................................86 ..................147 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS, THE SPECIAL SERVICER SELLER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SERVICER...................147 SECTION 7.01. 7.01 Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer Seller and the Modification Oversight Agent..................87 Servicer.....................................147 SECTION 7.02. 7.02 Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer Seller or the Modification Oversight Agent...............87 Servicer...........................148 SECTION 7.03. 7.03 Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Others..............................149 SECTION 7.04. Master Servicer, Servicers, Special 7.04 Servicer and Modification Oversight Agent Not to Resign...........................150 -ii- SECTION 7.05 Errors and Omissions Insurance; Transfer of ServicingFidelity Bonds............................................89 150 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent 7.06 Seller and Servicers Servicer May Own Certificates........................................................90 .........150 ARTICLE VIII DEFAULT.............................................................................................91 ..................................................150 SECTION 8.01. 8.01 Events of Default.....................................................................91 ................................150 SECTION 8.02. Master Servicer or Trust Administrator 8.02 Trustee to Act; Appointment of Successor...............93 .........152 SECTION 8.03. 8.03 Notification to Certificateholders....................................................95 ...............153 SECTION 8.04. 8.04 Waiver of Events of Default...........................................................95 ARTICLE IX......................153

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Wamu Mortgage Pass Through Certificates Series 2002-S4)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 93 SECTION 4.01. Priorities of Distribution............................................................73 93 SECTION 4.02. Allocation of Losses..................................................................73 99 SECTION 4.03. Recoveries............................................................................73 ...........................................................................100 SECTION 4.04. Monthly Statements to Certificateholders..............................................73 .............................................101 SECTION 4.05. Servicer to Cooperate.................................................................74 ................................................................101 SECTION 4.06. Cross-CollateralizationBasis Risk Reserve Funds; Adjustments to Available Funds...............................75 SECTION 4.07. Interest Rate Cap Account(s)..........................................................75 SECTION 4.08. Supplemental Interest Trust(s)........................................................75 SECTION 4.09. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 Agreement................................102 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 .........................................................104 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ........................................104 ARTICLE VI THE CERTIFICATES......................................................................................78 .....................................................................................105 SECTION 6.01. The Certificates......................................................................78 .....................................................................105 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 ................................106 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 ....................................110 SECTION 6.04. Persons Deemed Owners.................................................................84 ................................................................111 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 ............................111 SECTION 6.06. Maintenance of Office or Agency.......................................................84 ......................................................111 SECTION 6.07. Book-Book Entry Certificates...............................................................85 ..............................................................111 SECTION 6.08. Notices to Clearing Agency............................................................85 ...........................................................112 SECTION 6.09. Definitive Certificates...............................................................86 ..............................................................112 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS, SERVICERS AND THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent..................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing............................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IXSERVICER.............

Appears in 1 contract

Sources: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-6a)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 SECTION 4.01. Priorities of Distribution............................................................73 SECTION 4.02. Allocation of Losses..................................................................73 SECTION 4.03. Recoveries............................................................................73 SECTION 4.04. Monthly Statements to Certificateholders..............................................73 SECTION 4.05. Servicer to Cooperate.................................................................74 SECTION 4.06. Cross-Collateralization; Adjustments to Available Funds...............................75 SECTION 4.07. Interest Rate Cap Account(s)..........................................................75 SECTION 4.08. Supplemental Interest Trust(s)........................................................75 SECTION 4.09. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ARTICLE VI THE CERTIFICATES......................................................................................78 SECTION 6.01. The Certificates......................................................................78 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 SECTION 6.04. Persons Deemed Owners.................................................................84 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 SECTION 6.06. Maintenance of Office or Agency.......................................................84 SECTION 6.07. Book-Entry Certificates...............................................................85 SECTION 6.08. Notices to Clearing Agency............................................................85 SECTION 6.09. Definitive Certificates...............................................................86 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS, THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent..................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Others................................................................................88 SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing............................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IX

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Adjustable Rate Mortgage Loan Trust 2007-2)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 125 SECTION 4.01. Priorities of Distribution............................................................73 ...............................125 SECTION 4.02. Allocation of Losses..................................................................73 .....................................138 SECTION 4.03. Recoveries............................................................................73 ...............................................139 SECTION 4.04. Reserved.................................................139 SECTION 4.05. Monthly Statements to Certificateholders..............................................73 .................140 SECTION 4.054.06. Servicer to Cooperate.................................................................74 ....................................140 SECTION 4.064.07. Cross-Collateralization; Adjustments to Available Funds...............................75 ..141 SECTION 4.074.08. Group 7 Basis Risk Reserve Fund..........................142 SECTION 4.09. Class C-B-1 Basis Risk Reserve Fund......................143 SECTION 4.10. Class 7-A-3 Interest Rate Cap Account(s)..........................................................75 Account....................144 SECTION 4.084.11. Supplemental Class 7-A-4 Interest Trust(s)........................................................75 Rate Cap Account....................145 SECTION 4.094.12. Rights of Swap Counterparty...........................................................75 SECTION 4.10. Replacement Swap Counterparty.........................................................75 Class 7-M-4 Interest Rate Cap Account....................147 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 ....................149 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ............149 ARTICLE VI THE CERTIFICATES......................................................................................78 ................................................150 SECTION 6.01. The Certificates......................................................................78 .........................................150 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 ....151 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 ........155 SECTION 6.04. Persons Deemed Owners.................................................................84 ....................................156 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 ......................................156 SECTION 6.06. Maintenance of Office or Agency.......................................................84 ..........................156 SECTION 6.07. Book-Book Entry Certificates...............................................................85 ..................................156 SECTION 6.08. Notices to Clearing Agency............................................................85 ...............................157 SECTION 6.09. Definitive Certificates...............................................................86 ..................................157 ARTICLE VII THE DEPOSITOR, THE SELLERSELLERS, THE MASTER SERVICER, THE SERVICERS, SERVICERS AND THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent..................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing............................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IXSERVICER...................

Appears in 1 contract

Sources: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-2)

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 73 121 SECTION 4.01. Priorities of Distribution............................................................73 ...............................121 SECTION 4.02. Allocation of Losses..................................................................73 .....................................133 SECTION 4.03. Recoveries............................................................................73 ...............................................134 SECTION 4.04. Reserved.................................................134 SECTION 4.05. Monthly Statements to Certificateholders..............................................73 .................134 SECTION 4.054.06. Servicer to Cooperate.................................................................74 ....................................135 SECTION 4.064.07. Cross-Collateralization; Adjustments to Available Funds...............................75 ....................................................136 SECTION 4.074.08. Group 9 Basis Risk Reserve Fund..........................137 SECTION 4.09. Class C-B-1 Basis Risk Reserve Fund......................138 SECTION 4.10. Class 9-A-4 Interest Rate Cap Account(s)..........................................................75 Account....................139 SECTION 4.084.11. Supplemental Class 9-A-5 Interest Trust(s)........................................................75 Rate Cap Account....................140 SECTION 4.094.12. Rights of Swap Counterparty...........................................................75 Class 9-A-6 Interest Rate Cap Account....................142 SECTION 4.104.13. Replacement Swap Counterparty.........................................................75 Class 9-A-7 Interest Rate Cap Account....................143 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS..........................................................76 ....................146 SECTION 5.01. Advances by the Trust Administrator, Master Servicer and Servicers....................76 ............146 ARTICLE VI THE CERTIFICATES......................................................................................78 ................................................147 SECTION 6.01. The Certificates......................................................................78 .........................................147 SECTION 6.02. Registration of Transfer and Exchange of Certificates.................................79 .............................................148 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates.....................................84 ........152 SECTION 6.04. Persons Deemed Owners.................................................................84 ....................................153 SECTION 6.05. Access to List of Certificateholders' Names and Addresses.............................84 ................................................153 SECTION 6.06. Maintenance of Office or Agency.......................................................84 ..........................153 SECTION 6.07. Book-Book Entry Certificates...............................................................85 ..................................153 SECTION 6.08. Notices to Clearing Agency............................................................85 ...............................154 SECTION 6.09. Definitive Certificates...............................................................86 ..................................154 ARTICLE VII THE DEPOSITOR, THE SELLERSELLERS, THE MASTER SERVICER, THE SERVICERS, SERVICERS AND THE SPECIAL SERVICER AND THE MODIFICATION OVERSIGHT AGENT..................................................................87 SECTION 7.01. Liabilities of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer and the Modification Oversight Agent..................87 SECTION 7.02. Merger or Consolidation of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer or the Modification Oversight Agent...............87 SECTION 7.03. Limitation on Liability of the Seller, the Depositor, the Master Servicer, the Servicers, the Special Servicer, the Modification Oversight Agent and SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight SECTION 7.04. Master Servicer, Servicers, Special Servicer and Modification Oversight Agent Not to Resign; Transfer of Servicing............................................89 SECTION 7.05. Master Servicer, Seller, Special Servicer, Modification Oversight Agent and Servicers May Own Certificates........................................................90 ARTICLE VIII DEFAULT.............................................................................................91 SECTION 8.01. Events of Default.....................................................................91 SECTION 8.02. Master Servicer or Trust Administrator to Act; Appointment of Successor...............93 SECTION 8.03. Notification to Certificateholders....................................................95 SECTION 8.04. Waiver of Events of Default...........................................................95 ARTICLE IXSERVICER............................

Appears in 1 contract

Sources: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-1)