Custodial Agreement definition

Custodial Agreement. An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.
Custodial Agreement. The agreement governing the retention of the originals of each Mortgage Note, Mortgage, Assignment of Mortgage and other Mortgage Loan Documents.
Custodial Agreement. Each custodial agreement attached as Exhibit K hereto, and any custodial agreement subsequently executed by the Trustee substantially in the form thereof.

Examples of Custodial Agreement in a sentence

  • This Custodial Agreement shall be governed by the laws of the state where the Custodian resides.

  • Upon receipt by the Custodian of written acceptance by its successor of such successor's appointment, Custodian shall transfer and pay over to such successor the assets of the account (less amounts retained pursuant to Section 9.04 of the Custodial Agreement) and all records (or copies thereof ) of the Custodian pertaining thereto, provided that the successor trustee or custodian agrees not to dispose of any such records without the Custodian's consent.

  • Jamesville-XxXxxx Custodial Agreement 2004-2007 Page 28 • Failure to meet reasonable work standards.

  • The Responsible Individual may may not change the beneficiary designated under this Custodial Agreement pursuant to section 6.01 of the Custodial Agreement.

  • IRS APPROVAL AS TO FORM This Xxxx XXX Custodial Agreement has been approved by the Internal Revenue Service as to form.


More Definitions of Custodial Agreement

Custodial Agreement. The Custodial Agreement, if any, from time to time in effect between the Custodian named therein, the Seller, the Master Servicer and the Trustee, substantially in the form of Exhibit E hereto, as the same may be amended or modified from time to time in accordance with the terms thereof.
Custodial Agreement. The custodial agreement, if any, from time to time in effect between the Custodian named therein (if other than the Certificate Administrator) and the Certificate Administrator, as the same may be amended or modified from time to time in accordance with the terms thereof. For avoidance of doubt, as of the Closing Date, the Custodian is the Certificate Administrator.
Custodial Agreement in Article I is hereby amended in its entirety to read as follows:
Custodial Agreement mean the Custodial Services Agreement, dated as of the Original Closing Date, by and between Company, Servicer, Custodian and Collateral Agent, as it may be amended, supplemented or otherwise modified from time to time.
Custodial Agreement. The Custodial Agreement, dated as of April 1, 2005, among the Trustee, the Depositor, the Master Servicer and the Custodian, as amended or supplemented from time to time.
Custodial Agreement means that certain Custodial Agreement dated as of the date hereof, among Seller, Buyer and Custodian as the same may be amended from time to time.
Custodial Agreement. The Custodial Agreement, dated as of February 27, 2006, among the Custodian, the Depositor, the Master Servicer and the Trustee, which agreement is attached hereto as Exhibit E, as the same may be amended or modified from time to time in accordance with the terms thereof.