Common use of The Certificate Account Clause in Contracts

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders of ▇▇▇▇▇▇▇▇▇ Mortgage Securities Trust 2003-4 Trust Certificates, Series 2003-4.” (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate. On the Payment Date on which the Class Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate shall be made by wire transfer of immediately available funds to the account of such Certificateholder. The final distribution on the Trust Certificate will be made in like manner, but only upon presentment and surrender of such Trust Certificate at the location specified in the notice to the Certificateholder of such final distribution.

The Certificate Account. (a) The Trust Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders of ▇▇▇▇▇▇▇▇▇ New York Mortgage Securities Trust 20032005-4 2 Trust Certificates, Series 20032005-42.” (b) On each Payment Date, the Indenture Trustee Trust Administrator shall withdraw from the Note Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 and remit such amount to the Owner Trustee or the Trust Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Trust Administrator shall distribute all amounts on deposit in the Certificate Account in the following order of priority: first, to the Owner Trustee, any amounts due but not yet paid pursuant to Article VII of the Trust Agreement, and second, to the Certificateholders in respect of the Trust Certificate. On the Payment Date on which the Class Principal Amount of the Notes is reduced to zero, the Trust Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate shall be made by wire transfer of immediately available funds to the account of such Certificateholder. The final distribution on the Trust Certificate will be made in like manner, but only upon presentment and surrender of such Trust Certificate at the location specified in the notice to the Certificateholder of such final distribution.

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders holders of ▇▇▇▇▇▇▇▇▇ GreenPoint Mortgage Securities Funding Trust 20032006-4 Trust HE1, Residual Certificates, Series 2003-4.” (ba) On each Payment Date, the Indenture Trustee shall withdraw from the Note Payment Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 5.03 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Residual Certificates as provided in the Trust CertificateAgreement. On the Payment Date on which the Class Note Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate Residual Certificates in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (cb) All distributions made on the Trust Certificate Residual Certificates shall be made by wire transfer of immediately available funds to the account of such CertificateholderCertificateholders. The final distribution on the Trust Certificate Residual Certificates will be made in like manner, but only upon presentment and surrender of such Trust Certificate Residual Certificates at the location specified in the notice to the Certificateholder Certificateholders of such final distribution. (c) The Indenture Trustee shall invest, or cause to be invested, funds held in the Payment Account in Eligible Investments (which may be obligations of the Indenture Trustee) in accordance with the written instructions of the holders of the Class L Certificate. Absent its receipt of any such written instructions, the Indenture Trustee shall invest or cause to be invested such funds in the “First American Treasury Obligations Reserve Class”. All such investments must be payable on demand or mature no later than one Business Day prior to the next Payment Date, and shall not be sold or disposed of prior to their maturity. All such Eligible Investments will be made in the name of the Indenture Trustee (in its capacity as such) or its nominee.

The Certificate Account. (a) The Administrator, for the benefit of the CertificateholdersCertificateholder, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders Certificateholder an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company[_____________], as Owner Trustee, in trust for the Holders holder of ▇▇▇▇▇▇▇▇▇ SASCO Mortgage Securities Loan Trust 2003-4 Trust Certificates20[__]-[__] Residual Certificate, Series 2003-420[__]-[__].”” The Certificate Account shall be an Eligible Account. If an existing Certificate Account ceases to be an Eligible Account, the Administrator shall establish a new Certificate Account that is an Eligible Account within 10 days and transfer all funds and investment property on deposit in such existing Certificate Account into such new Certificate Account. (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 5.03 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders Certificateholder in respect of the Trust Residual Certificate. On the Payment Date on which the Class Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders Certificateholder in respect of the Trust Residual Certificate in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Residual Certificate shall be made by wire transfer of immediately available funds to the account of such Certificateholder. The final distribution on the Trust Residual Certificate will be made in like manner, but only upon presentment and surrender of such Trust Residual Certificate at the location specified in the notice to the Certificateholder of such final distribution.

The Certificate Account. (a) The Trust Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders of ▇▇▇▇▇▇▇▇▇ New York Mortgage Securities Trust 20032005-4 1 Trust Certificates, Series 20032005-41.” (b) On each Payment Date, the Indenture Trustee Trust Administrator shall withdraw from the Note Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 and remit such amount to the Owner Trustee or the Trust Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Trust Administrator shall distribute all amounts on deposit in the Certificate Account in the following order of priority: first, to the Owner Trustee, any amounts due but not yet paid pursuant to Article VII of the Trust Agreement, and second, to the Certificateholders in respect of the Trust Certificate. On the Payment Date on which the Class Principal Amount of the Notes is reduced to zero, the Trust Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate shall be made by wire transfer of immediately available funds to the account of such Certificateholder. The final distribution on the Trust Certificate will be made in like manner, but only upon presentment and surrender of such Trust Certificate at the location specified in the notice to the Certificateholder of such final distribution.

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders holders of ▇▇▇▇▇▇▇▇▇ Mortgage Securities ABS Corporation Home Equity Loan Trust 20032005-4 Trust 1, Residual Certificates, Series 2003-4.” (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Distribution Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 5.03 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Residual Certificates as provided in the Trust CertificateAgreement. On the Payment Date on which the Class Note Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate Residual Certificates in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate Residual Certificates shall be made by wire transfer of immediately available funds to the account of such CertificateholderCertificateholders. The final distribution on the Trust Certificate Residual Certificates will be made in like manner, but only upon presentment and surrender of such Trust Certificate Residual Certificates at the location specified in the notice to the Certificateholder Certificateholders of such final distribution. (d) The Indenture Trustee may invest, or cause to be invested, funds held in the Certificate Account in Eligible Investments (which may be obligations of the Indenture Trustee). All such investments must be payable on demand or mature no later than one Business Day prior to the next Payment Date, and shall not be sold or disposed of prior to their maturity. All such Eligible Investments will be made in the name of the Indenture Trustee (in its capacity as such) or its nominee. The amount of any losses incurred in respect of any such investments shall be paid by the Indenture Trustee for deposit in the Certificate Account out of its own funds, without any right of reimbursement therefore, immediately as realized. All income and gain realized from any such investment shall be compensation to the Indenture Trustee and shall be subject to its withdrawal on order from time to time.

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company[ ], as Owner Trustee, in trust for the Holders holders of ▇▇▇▇▇▇▇▇▇ Mortgage Securities [ ] Home Equity Loan Trust 2003-4 Trust [ ], Residual Certificates, Series 2003-4.” (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Payment Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 5.03 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Residual Certificates as provided in the Trust CertificateAgreement. On the Payment Date on which the Class Note Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate Residual Certificates in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate Residual Certificates shall be made by wire transfer of immediately available funds to the account of such CertificateholderCertificateholders. The final distribution on the Trust Certificate Residual Certificates will be made in like manner, but only upon presentment and surrender of such Trust Certificate Residual Certificates at the location specified in the notice to the Certificateholder Certificateholders of such final distribution. (d) The Indenture Trustee shall invest, or cause to be invested, funds held in the Payment Account in Eligible Investments (which may be obligations of the Indenture Trustee) in accordance with the written instructions of the holders of the Class [ ] Certificate. Absent its receipt of any such written instructions, the Indenture Trustee shall invest or cause to be invested such funds in the “First American Treasury Obligations Reserve Class”. All such investments must be payable on demand or mature no later than one Business Day prior to the next Payment Date, and shall not be sold or disposed of prior to their maturity. All such Eligible Investments will be made in the name of the Indenture Trustee (in its capacity as such) or its nominee.

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “"Certificate Account”") entitled “"Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders holders of ▇▇▇▇▇▇▇▇▇ GreenPoint Mortgage Securities Funding Trust 20032005-4 Trust HE3, Residual Certificates, Series 2003-4.”" (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Distribution Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 5.03 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Residual Certificates as provided in the Trust CertificateAgreement. On the Payment Date on which the Class Note Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate Residual Certificates in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate Residual Certificates shall be made by wire transfer of immediately available funds to the account of such CertificateholderCertificateholders. The final distribution on the Trust Certificate Residual Certificates will be made in like manner, but only upon presentment and surrender of such Trust Certificate Residual Certificates at the location specified in the notice to the Certificateholder Certificateholders of such final distribution. (d) The Indenture Trustee may invest, or cause to be invested, funds held in the Certificate Account in Eligible Investments (which may be obligations of the Indenture Trustee). All such investments must be payable on demand or mature no later than one Business Day prior to the next Payment Date, and shall not be sold or disposed of prior to their maturity. All such Eligible Investments will be made in the name of the Indenture Trustee (in its capacity as such) or its nominee. The amount of any losses incurred in respect of any such investments shall be paid by the Indenture Trustee for deposit in the Certificate Account out of its own funds, without any right of reimbursement therefore, immediately as realized. All income and gain realized from any such investment shall be compensation to the Indenture Trustee and shall be subject to its withdrawal on order from time to time.

The Certificate Account. (a) The AdministratorIndenture Trustee, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”"CERTIFICATE ACCOUNT") entitled “"Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders holders of ▇▇▇▇▇▇▇▇▇ GreenPoint Mortgage Securities Funding Trust 20032005-4 Trust HE1, Residual Certificates, Series 2003-4.”" (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Payment Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 Sections 5.03(IV)(iv) and (vi) and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Indenture Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Residual Certificates as provided in the Trust CertificateAgreement. On the Payment Date on which the Class Principal Amount of the Notes Note Balance is reduced to zero, the Administrator Indenture Trustee shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate Residual Certificates in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate Residual Certificates shall be made by wire transfer of immediately available funds to the account of such CertificateholderCertificateholders. The final distribution on the Trust Certificate Residual Certificates will be made in like manner, but only upon presentment and surrender of such Trust Certificate Residual Certificates at the location specified in the notice to the Certificateholder Certificateholders of such final distribution. (d) The Indenture Trustee may (but is under no obligation to) invest, or cause to be invested, funds held in the Certificate Account in Eligible Investments (which may be obligations of the Indenture Trustee). All such investments must be payable on demand or mature no later than one Business Day prior to the next Payment Date, and shall not be sold or disposed of prior to their maturity. All such Eligible Investments will be made in the name of the Indenture Trustee (in its capacity as such) or its nominee. The amount of any losses incurred in respect of any such investments shall be paid by the Indenture Trustee for deposit in the Certificate Account out of its own funds, without any right of reimbursement therefore, immediately as realized. All income and gain realized from any such investment shall be compensation to the Indenture Trustee and shall be subject to its withdrawal on order from time to time.

The Certificate Account. (a) The Administrator, for the benefit of the Certificateholders, shall establish and maintain in the name of the Owner Trustee on behalf of the Certificateholders an account (the “Certificate Account”) entitled “Certificate Account, Wilmington Trust Company, as Owner Trustee, in trust for the Holders of ▇▇▇▇▇▇▇▇▇ Mortgage Securities Trust 2003-4 6 Trust Certificates, Series 2003-46.” (b) On each Payment Date, the Indenture Trustee shall withdraw from the Note Account all amounts required to be deposited in the Certificate Account pursuant to Section 5.06 and remit such amount to the Owner Trustee or the Administrator for deposit into the Certificate Account. On each Payment Date, the Owner Trustee or the Administrator shall distribute all amounts on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate. On the Payment Date on which the Class Principal Amount of the Notes is reduced to zero, the Administrator shall distribute all amounts remaining on deposit in the Certificate Account to the Certificateholders in respect of the Trust Certificate in order to clear and terminate the Certificate Account in connection with the termination of this Agreement. (c) All distributions made on the Trust Certificate shall be made by wire transfer of immediately available funds to the account of such Certificateholder. The final distribution on the Trust Certificate will be made in like manner, but only upon presentment and surrender of such Trust Certificate at the location specified in the notice to the Certificateholder of such final distribution.