Common use of Master Servicer Collection Account Clause in Contracts

Master Servicer Collection Account. (a) The Master Servicer shall establish and maintain in the name of LaSalle Bank National Association, as Master Servicer, on behalf of the Trustee, for the benefit of the Certificateholders, the Master Servicer Collection Account which shall be an Eligible Account. The Master Servicer will deposit in the Master Servicer Collection Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts:

Appears in 17 contracts

Samples: Pooling and Servicing Agreement (SACO I Trust 2006-10), Pooling and Servicing Agreement (SACO I Trust 2006-10), Custodial Agreement (SACO I Trust 2006-6)

AutoNDA by SimpleDocs

Master Servicer Collection Account. (a) The Master Servicer shall establish and maintain in the name of LaSalle Bank National Association, as Master Servicer, on behalf of the Trustee, for the benefit of the CertificateholdersCertificateholders and the Insurer, the Master Servicer Collection Account which shall be an Eligible Account. The Master Servicer will deposit in the Master Servicer Collection Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (SACO I Trust 2006-2)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.