Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Account Control Agreement, Seller (or, after the delivery of an access termination notice pursuant to the Current Spread Custodial Account Control Agreement, Purchaser) shall direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 24 contracts
Samples: Current Excess Servicing Spread Acquisition Agreement (Newcastle Investment Corp), Current Excess Servicing Spread Acquisition Agreement (Newcastle Investment Corp), Acquisition Agreement (Nationstar Mortgage Holdings Inc.)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Future Spread Custodial Account Control Agreement, Seller (or, after the delivery of an access termination notice pursuant to the Current Future Spread Custodial Account Control Agreement, Purchaser) shall direct the Bank to apply the monies in the Third Party Controlled Current Future Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 21 contracts
Samples: Future Spread Agreement (Newcastle Investment Corp), Future Spread Agreement (Newcastle Investment Corp), Future Spread Agreement (Nationstar Mortgage Holdings Inc.)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Future Spread Custodial Account Control Agreement, Seller (or, after the delivery deliver of an access termination notice pursuant to the Current Future Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Future Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 9 contracts
Samples: Future Spread Agreement (Newcastle Investment Corp), Future Spread Agreement (Newcastle Investment Corp), Future Spread Agreement (Newcastle Investment Corp)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Account Control Agreement, Seller (or, after the delivery deliver of an access termination notice pursuant to the Current Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 6 contracts
Samples: Spread Acquisition Agreement (Nationstar Mortgage LLC), Spread Acquisition Agreement (Newcastle Investment Corp), Acquisition Agreement (Newcastle Investment Corp)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Distribution Account Control Agreement, Seller (or, after the delivery of an access termination notice pursuant to the Current Spread Custodial Distribution Account Control Agreement, Purchaser) shall direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Distribution Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 3 contracts
Samples: Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Newcastle Investment Corp, Newcastle Investment Corp
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Account Control Agreement, Seller (or, after the delivery deliver of an access termination notice pursuant to the Current Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Account (other than Aurora Termination Payments) in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 3 contracts
Samples: Spread Acquisition Agreement (Newcastle Investment Corp), Servicing Spread Acquisition Agreement (Nationstar Mortgage LLC), Acquisition Agreement (Newcastle Investment Corp)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Account Control Agreement, Seller (or or, after the delivery deliver of an access termination notice Access Termination Notice pursuant to the Current Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution DateDistribution:
Appears in 2 contracts
Samples: Excess Servicing Spread Sale and Assignment Agreement (Nationstar Mortgage Holdings Inc.), Sale and Assignment Agreement (Newcastle Investment Corp)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Future Spread Custodial Account Control Agreement, Seller (or, after the delivery deliver of an access termination notice pursuant to the Current Future Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Future Spread Custodial Account in the following order of priority (the “"Priority of Payments”"), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 1 contract
Samples: Future Spread Agreement (Nationstar Mortgage Holdings Inc.)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Account Control Agreement, Seller (or, after the delivery deliver of an access termination notice pursuant to the Current Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Account (other than Aurora Termination Payments) in the following order of priority (the “"Priority of Payments”"), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution Date:
Appears in 1 contract
Samples: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Future Spread Custodial Account Control Agreement, Seller (or, after the delivery of an access termination notice pursuant to the Current Future Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Future Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution DateBusiness Day:
Appears in 1 contract
Samples: Future Spread Agreement (Newcastle Investment Corp)
Priority of Payments. On each Business Day, subject to the terms and conditions of the Current Spread Custodial Account Control Agreement, Seller (or, after the delivery of an access termination notice pursuant to the Current Spread Custodial Account Control Agreement, Purchaser) shall will direct the Bank to apply the monies in the Third Party Controlled Current Spread Custodial Account in the following order of priority (the “Priority of Payments”), in every case, after giving effect to each prior item in the Priority of Payments on such Distribution DateBusiness Day:
Appears in 1 contract
Samples: Spread Acquisition Agreement (Newcastle Investment Corp)
