Common use of Escrow Accounts Clause in Contracts

Escrow Accounts. Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted in the applicable Servicing Agreement.

Appears in 23 contracts

Sources: Sale Supplement, Master Agreement (Ocwen Financial Corp), Master Agreement (New Residential Investment Corp.)

Escrow Accounts. Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted described in Section 5.9 of the applicable Servicing Subservicing Agreement.

Appears in 1 contract

Sources: Sale Supplement (Home Loan Servicing Solutions, Ltd.)