Common use of Escrow Payments Clause in Contracts

Escrow Payments. The Servicer shall provide the Successor Servicer, with immediately available funds by wire transfer in the amount of the Escrow Account balance and suspense balances and all loss draft balances associated with the related Mortgage Loan. The Servicer shall provide the Successor Servicer, with an accounting statement in electronic format mutually acceptable to the Owner and the Servicer, of Escrow Payments and suspense balances and loss draft balances sufficient to enable the Owner to reconcile the amount of such payment with the accounts of the Mortgage Loans. Additionally, the Servicer shall wire transfer to the Owner the amount of any agency, trustee or prepaid Mortgage Loan payments and all other similar amounts held by the Servicer.

Escrow Payments. The Servicer shall provide the Successor ServicerPurchaser, or its designee, with immediately available funds by wire transfer in the amount of the net Escrow Account balance Payments and suspense balances and all loss draft balances associated with the related Servicing Released Mortgage LoanLoans. The Servicer shall provide the Successor Servicer, Purchaser with an accounting statement in electronic format mutually acceptable to the Owner and the Servicer, of Escrow Payments and suspense balances and loss draft balances sufficient to enable the Owner Purchaser to reconcile the amount of such payment with the accounts of the Servicing Released Mortgage Loans. Additionally, the Servicer shall wire transfer to the Owner Purchaser the amount of any agency, trustee or prepaid Servicing Released Mortgage Loan payments and all other similar amounts held by the Servicer.

Escrow Payments. The Servicer shall provide the Successor Servicer, with immediately available funds by wire transfer in the amount of the Escrow Account balance and suspense balances and all loss draft balances associated with the related Mortgage Loan. The Servicer shall provide the Successor Servicer, with an accounting statement in electronic format mutually acceptable to the Owner Owner, the Certificate Insurer and the Servicer, of Escrow Payments and suspense balances and loss draft balances sufficient to enable the Owner to reconcile the amount of such payment with the accounts of the Mortgage Loans. Additionally, the Servicer shall wire transfer to the Owner the amount of any agency, trustee or prepaid Mortgage Loan payments and all other similar amounts held by the Servicer.

Escrow Payments. The Servicer shall provide the Successor Servicer, with immediately available funds by wire transfer in the amount of the Escrow Account balance and suspense balances and all loss draft balances associated with the related Mortgage Loan. The Servicer shall provide the Successor Servicer, with an accounting statement in electronic format mutually acceptable to the Owner and the Servicer, of Escrow Payments and suspense balances and loss draft balances sufficient to enable the Owner to reconcile the amount of such payment with the accounts of the the Mortgage Loans. Additionally, the Servicer shall wire transfer to the Owner the amount of any agency, trustee or prepaid Mortgage Loan payments and all other similar amounts held by the Servicer.