Common use of PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS Clause in Contracts

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 SECTION 4.01. Priorities of Distribution.................................2 SECTION 4.02. Allocation of Losses.......................................2 SECTION 4.03. Recoveries.................................................2 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 SECTION 4.06. Servicer to Cooperate......................................2 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 106 SECTION 4.01. Priorities of Distribution.................................2 ...........................................................106 SECTION 4.02. Allocation of Losses.......................................2 .................................................................115 SECTION 4.03. Recoveries.................................................2 ...........................................................................117 SECTION 4.04. Reserved...................................................2 .............................................................................117 SECTION 4.05. Monthly Statements to Certificateholders...................2 .............................................117 SECTION 4.06. Servicer to Cooperate......................................2 ................................................................118 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 ..............................118 SECTION 4.08. Reserved...................................................2 .............................................................................119 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 Reserved.............................................................................119 SECTION 4.10. Group 5 6 Interest Rate Cap Account..........................2 ....................................................119 SECTION 4.11. Supplemental Interest Trust..........................................................121 SECTION 4.12. Rights of Swap Counterparty..........................................................123 SECTION 4.13. Replacement Swap Counterparty........................................................123 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 .........................................................124 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ........................................124 ARTICLE VI THE CERTIFICATES..................................................2 .....................................................................................125 SECTION 6.01. The Certificates...........................................2 .....................................................................125 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 ................................126 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 ....................................131 SECTION 6.04. Persons Deemed Owners......................................2 ................................................................131 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 ............................131 SECTION 6.06. Maintenance of Office or Agency............................2 ......................................................131 SECTION 6.07. Book Entry Certificates....................................2 ..............................................................132 SECTION 6.08. Notices to Clearing Agency.................................2 ...........................................................132 SECTION 6.09. Definitive Certificates....................................2 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2..............................................................133

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 99 SECTION 4.01. Priorities of Distribution.................................2 4.01 Certificate Account.........................99 SECTION 4.02. 4.02 Distributions..............................100 SECTION 4.03 Allocation of Realized Losses.......................................2 ..............106 SECTION 4.03. Recoveries.................................................2 SECTION 4.04. Reserved...................................................2 SECTION 4.05. 4.04 Monthly Statements to Certificateholders...................2 ...107 SECTION 4.06. Servicer to Cooperate......................................2 4.05 Prepayment Interest Shortfalls and Relief Act Shortfalls......................109 SECTION 4.07. Cross-Collateralization4.06 Auction Administration Agreement; Adjustments to Available Funds......................................................2 Swap Agreement..................................110 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 4.07 Deemed Distributions on REMIC Regular Interests..................................111 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 ADVANCES...........................................112 SECTION 5.01. 5.01 Monthly Advances by the Master Servicer and Servicers..............2 Servicer...........112 SECTION 5.02 Advances for Attorneys' Fees...............113 SECTION 5.03 Nonrecoverable Advances....................113 SECTION 5.04 Advance Procedures.........................113 ARTICLE VI THE CERTIFICATES..................................................2 ...................................113 SECTION 6.01. 6.01 The Certificates...........................................2 ...........................113 SECTION 6.02. 6.02 Registration of Transfer and Exchange of Certificates...............................................2 ...............................115 SECTION 6.03. 6.03 Mutilated, Destroyed, Lost or Stolen Certificates..........2 ...............................122 SECTION 6.04. 6.04 Persons Deemed Owners......................................2 ......................123 SECTION 6.05. 6.05 Access to List of Certificateholders' Names and Addresses..................................................2 ........................123 SECTION 6.06. 6.06 Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ............123 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS SELLER AND THE SPECIAL SERVICER..............................2.............124 SECTION 7.01 Liabilities of the Depositor, Seller and the Servicer...............................124

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 46 SECTION 4.01. Priorities of Distribution.................................2 ............................................................46 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................55 SECTION 4.03. Recoveries.................................................2 ............................................................................56 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 ..............................................56 SECTION 4.064.05. Servicer to Cooperate......................................2 .................................................................57 SECTION 4.06. [Reserved]............................................................................57 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 [Reserved]............................................................................57 SECTION 4.08. Reserved...................................................2 Supplemental Interest Trust...........................................................57 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 Rights of Swap Counterparty...........................................................59 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 Replacement Swap Counterparty.........................................................59 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ..........................................................59 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS AND THE SPECIAL SERVICER..............................2......................................................................................60

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 46 SECTION 4.01. Priorities of Distribution.................................2 ............................................................46 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................55 SECTION 4.03. Recoveries.................................................2 ............................................................................56 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 ..............................................56 SECTION 4.064.05. Servicer to Cooperate......................................2 .................................................................59 SECTION 4.06. [Reserved]............................................................................59 SECTION 4.07. Cross-Collateralization; Adjustments to Available Funds......................................................2 [Reserved]............................................................................59 SECTION 4.08. Reserved...................................................2 Supplemental Interest Trust...........................................................59 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 Rights of Swap Counterparty...........................................................59 SECTION 4.10. Group 5 Interest Rate Cap Account..........................2 Replacement Swap Counterparty.........................................................59 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ..........................................................59 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ......................................................................................59 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS SERVICERS, THE SPECIAL SERVICER AND THE SPECIAL SERVICER..............................2MODIFICATION OVERSIGHT AGENT..............................................................61 ARTICLE VIII DEFAULT.............................................................................................61 ARTICLE IX

PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS. 2 46 SECTION 4.01. Priorities of Distribution.................................2 ............................................................47 SECTION 4.02. Allocation of Losses.......................................2 ..................................................................57 SECTION 4.03. Recoveries.................................................2 ............................................................................59 SECTION 4.04. Reserved...................................................2 SECTION 4.05. Monthly Statements to Certificateholders...................2 ..............................................59 SECTION 4.064.05. Servicer to Cooperate......................................2 .................................................................59 SECTION 4.074.06. Cross-Collateralization; Adjustments to Available Funds......................................................2 ...............................60 SECTION 4.08. Reserved...................................................2 SECTION 4.09. Group 6 Basis Risk Reserve Fund............................2 SECTION 4.104.07. Group 5 Interest Rate Cap Account..........................2 .....................................................60 SECTION 4.08. Supplemental Interest Trust(s)........................................................62 SECTION 4.09. Rights of Swap Counterparty...........................................................62 SECTION 4.10. Replacement Swap Counterparty.........................................................63 ARTICLE V ADVANCES BY THE MASTER SERVICER AND SERVICERS......................2 SECTION 5.01. Advances by the Master Servicer and Servicers..............2 ..........................................................63 ARTICLE VI THE CERTIFICATES..................................................2 SECTION 6.01. The Certificates...........................................2 SECTION 6.02. Registration of Transfer and Exchange of Certificates...............................................2 SECTION 6.03. Mutilated, Destroyed, Lost or Stolen Certificates..........2 SECTION 6.04. Persons Deemed Owners......................................2 SECTION 6.05. Access to List of Certificateholders' Names and Addresses..................................................2 SECTION 6.06. Maintenance of Office or Agency............................2 SECTION 6.07. Book Entry Certificates....................................2 SECTION 6.08. Notices to Clearing Agency.................................2 SECTION 6.09. Definitive Certificates....................................2 ......................................................................................63 ARTICLE VII THE DEPOSITOR, THE SELLER, THE MASTER SERVICER, THE SERVICERS SERVICERS, THE SPECIAL SERVICER AND THE SPECIAL SERVICER..............................2MODIFICATION OVERSIGHT AGENT..................................................................63 ARTICLE VIII DEFAULT.............................................................................................63 ARTICLE