Common use of Mandatory Deposits Clause in Contracts

Mandatory Deposits. The following funds must be deposited into each related Custodial P&I Account within two Business Days after the Servicer's receipt of such amounts, or in the case of clauses (d) and (e) hereof, on the Remittance Date or, in the case of clause (g) hereof, on the Business Day after the Servicer's receipt of the Borrower's required monthly payment under the related subsidy agreement:

Appears in 71 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-18 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-4 Trust.), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-13 Trust)

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Mandatory Deposits. The following funds must be deposited into each related Custodial P&I Account within two one Business Days Day after the Servicer's receipt of such amounts, or in the case of clauses (d) and (e) hereof, on the Remittance Date or, in the case of clause (g) hereof, on the Business Day after the Servicer's receipt of the Borrower's required monthly payment under the related subsidy agreement:

Appears in 2 contracts

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Asset Securities Corp)

Mandatory Deposits. The following funds must be deposited into each related Custodial P&I Account within two Business Days after the Servicer's receipt of such amounts, or in the case of clauses (d) and (e) hereof, on the Remittance Date orDate, in the case of clause (g) hereof, on the Business Day after the Servicer's receipt of the Borrower's required monthly payment under the related subsidy agreement:

Appears in 2 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-14 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-12 Trust)

Mandatory Deposits. The following funds must be deposited into each related Custodial P&I Account within two one Business Days Day after the Servicer's receipt of such amounts, or in the case of clauses clause (d) and (e) hereof, on the Remittance Date or, in the case of clause (gf) hereof, on the Business Day after the Servicer's receipt of the Borrower's required monthly payment under the related subsidy agreement:

Appears in 1 contract

Samples: Servicing Agreement (Norwest Structured Assets Inc)

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Mandatory Deposits. The following funds must be deposited into each related Custodial P&I Account within two one Business Days Day after the Servicer's ’s receipt of such amounts, or in the case of clauses (d) and (e) hereof, on the Remittance Date or, in the case of clause (g) hereof, on the Business Day after the Servicer's ’s receipt of the Borrower's ’s required monthly payment under the related subsidy agreement:

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)

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