SERVICER REMITTANCES Sample Clauses

SERVICER REMITTANCES. A. Remittances for mortgage payments and payoffs received from servicers shall be deposited into the applicable certificate account within one business day of receipt.
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SERVICER REMITTANCES. (i) On or prior to the Closing Date, the Servicers shall have established one or more separate Collection Accounts as provided in the related Servicing Agreement, each of which shall be an Eligible Account. All Monthly Payments and other amounts collected by each Servicer on the Mortgage Loans, shall, to the extent provided in the related Servicing Agreement, be deposited by such Servicer within one Business Day of receipt (or within 2 Business Days in the case of Liquidation Proceeds, Insurance Proceeds and Condemnation Proceeds) into the related Collection Account.
SERVICER REMITTANCES. 9 Section 3.04
SERVICER REMITTANCES. (a) The Servicer, as agent of the Issuer, shall remit to the Indenture Trustee for deposit in the Collection Account by 12:00 noon, Minneapolis time, on each Tuesday and Thursday that is a Business Day, or if such day is not a Business Day, on the next Business Day thereafter, the amounts described below that have been collected through 4:00 p.m., Minneapolis time, on the preceding Business Day, so long as such amounts exceed $1,000:
SERVICER REMITTANCES. (a) The Servicer, as agent of the Issuer, shall remit to the Indenture Trustee for deposit in the Collection Account (or as otherwise provided in the Indenture) by 12:00 noon (Central time) on the first Business Day of each week, the amounts described below that have been collected by the Servicer through 4:00 p.m. (Central time) on the preceding Business Day so long as such amounts in the aggregate exceed $1,000; provided that if such amounts in the aggregate are less than $1,000, the Servicer shall hold all such amounts in trust until they reach an aggregate amount of $1,000, at which time the Servicer shall remit such amounts to the Indenture Trustee in accordance with the provisions of this Section 3.03:
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SERVICER REMITTANCES. Pursuant to the Servicing Agreements, on each Servicer Remittance Date, each Servicer is required to remit to the Trustee all payments received during the related Due Period or Prepayment Period in respect of the Mortgage Loans serviced by it, less certain deductions as described herein and in such Servicing Agreements. The amounts remitted by the Servicer to the Trustee shall be credited to the REMIC I Distribution Account within one Business Day of the date of receipt thereof.
SERVICER REMITTANCES. (a) On each Servicer Remittance Date by no later than 3:00 p.m. New York City time, the Servicer shall remit by wire transfer of immediately available funds to the Trustee the sum of the following (the “Servicer Remittance Amount”):
SERVICER REMITTANCES. 7 Section 3.04
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