Examples of Closing Date Deposit in a sentence
The Closing Date Deposit shall be delivered to the account specified by the Master Servicer by wire transfer of immediately available funds.
In addition, on or prior to the Closing Date the Seller shall (i) cause the PMI Policy to be delivered to the Depositor and (ii) deposit the Closing Date Deposit with the Depositor for deposit in the Collection Account.
The foregoing sentence notwithstanding, the Master Servicing Fee shall not accrue with respect to any Closing Date Deposit Mortgage Loan for the interest accrual period to which the related Closing Date Deposit relates.
The Parish Council is responsible for ensuring that there is a sound system of internal control which facilitates the effective exercise of the Council’s functions and which includes arrangements for the management of risk.
In addition, on or prior to the Closing Date the Seller shall (i) cause the Certificate Insurance Policy to be delivered to the Trustee and (ii) deposit the Closing Date Deposit in the Collection Account.