Common use of Permitted Withdrawals From Custodial Account Clause in Contracts

Permitted Withdrawals From Custodial Account. Subject to Section 3.01, on each Remittance Date, the Servicer shall be entitled to funds from the Custodial Account for the following purposes:

Appears in 9 contracts

Samples: Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-12), Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax), Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)

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Permitted Withdrawals From Custodial Account. Subject to Section 3.01, on each Remittance Date, the Interim Servicer shall be entitled to funds from the Custodial Account for the following purposes:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He3), Pooling and Servicing Agreement (Sabr Trust 2005-Fr3), Indemnification and Contribution Agreement (Sabr Trust 2005-Fr2)

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