Clearing Account definition

Clearing Account means the account so designated and established by Section 5.04(1) hereof.
Clearing Account has the meaning set forth in Section 2.7.1 hereof.
Clearing Account shall have the meaning set forth in Section 6.1.

Examples of Clearing Account in a sentence

  • Seller shall or shall cause Servicer or Subservicer to submit all claims to HUD and VA under such applicable number for remittance of amounts to the Clearing Account.


More Definitions of Clearing Account

Clearing Account means Account No. 4159359173 in the name of the Seller maintained at Well▇ ▇▇▇go Bank, N.A.
Clearing Account means the account into which HUD, VA and USDA remit all Income (including, without limitation, claims and proceeds) on account of Early Buyout Loans.
Clearing Account shall have the meaning set forth in Section 10.1(a) hereof.
Clearing Account shall have the meaning ascribed to such term in the Cash Management Agreement.
Clearing Account means the “Clearing Account” as defined in the Clearing Account Agreement.
Clearing Account means the depositary account identified as such on Exhibit E into which Collections are collected or deposited.
Clearing Account shall have the meaning set forth in the Mortgage Loan Agreement.