Third Party Controlled Current Spread Custodial Account. The account specified in the Current Spread Custodial Account Control Agreement and maintained by Xxxxx Fargo Bank, National Association or another third party custodian or trustee selected by Purchaser, into which all Servicing Spread Collections and all Servicing Agreement termination payments in respect of the Mortgage Loans shall be deposited.
Appears in 24 contracts
Samples: Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Current Excess Servicing Spread Acquisition Agreement (Newcastle Investment Corp), Spread Acquisition Agreement (Newcastle Investment Corp)
Third Party Controlled Current Spread Custodial Account. (i) The account specified in the Third Party Controlled Current Spread Custodial Account Control Agreement and maintained by will be established with Xxxxx Fargo Bank, National Association or another with such other third party custodian or trustee selected by Purchaser, into which for the sole purpose of receiving and disbursing all Servicing Spread Collections and all Collections, Servicing Agreement termination payments in with respect of to the Mortgage Loans shall be deposited.Loans, Sales
Appears in 2 contracts
Samples: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Current Excess Servicing Spread Acquisition Agreement (Newcastle Investment Corp)
