Custodial Accounts and Buydown Fund Accounts. The Servicer shall establish and maintain the Custodial Account for P&I, Buydown Fund Accounts (if any) and the special Custodial Account for Reserves and shall deposit or cause to be deposited therein within 48 hours of receipt the following amounts received or advanced by the Servicer with respect to the Mortgage Loans:
Appears in 15 contracts
Samples: Pooling and Servicing Agreement (WaMu Mortgage Pass-Through Certificates, Series 2005-Ar7), Pooling and Servicing Agreement (WaMu Mortgage Pass-Through Certificates, Series 2005-Ar12), Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-6)
Custodial Accounts and Buydown Fund Accounts. The Servicer shall establish and maintain the Custodial Account for P&I, Buydown Fund Accounts (if any) and the special Custodial Account for Reserves and shall deposit or cause to be deposited therein within 48 hours of receipt daily the following amounts received or advanced by the Servicer with respect to the Mortgage Loans:
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-1), Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-2), Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-3)
