Seller’s Accounts. (a) Seller shall at all times during the term of this Agreement maintain each Restricted Account with Bank. With respect to each Restricted Account, Seller may deposit funds into the Restricted Account, however Seller shall not be permitted to withdraw, transfer or otherwise exercise any rights to access any funds held therein and Seller shall have no rights to exercise dominion or control over the Restricted Account.
Appears in 6 contracts
Samples: Mortgage Warehouse Agreement (AmeriHome, Inc.), Mortgage Warehouse Agreement, Mortgage Warehouse Agreement (Home Point Capital Inc.)
