Examples of Custodial Agreement in a sentence
I agree to the terms of my Account, which are contained in the applicable provisions of the document entitled First National Bank of Omaha Traditional/Xxxx Individual Retirement Account Custodial Agreement and this Adoption Agreement.
Upon a transfer of servicing or a transfer of custody, the Custodian as transferor must verify that Xxxxxxx Xxx Document Custodial Services Department (DCS) or a new custodian has been selected in accordance with Xxxxxxx Xxx's requirements and that evidence (such as a copy of an executed Custodial Agreement) of the change of custodian accompanies the request to transfer the Notes and Assignments.
If Seller/Servicer terminates this Agreement with Custodian and designates that custody should be transferred to a new custodian, in accordance with the Guide, then all Notes and Assignments for mortgages serviced for Xxxxxxx Xxx that are held by Custodian must be moved to the new custodian within 30 days of the approval by Xxxxxxx Xxx of the new custodian as evidenced by an executed Custodial Agreement.
This Agreement shall become effective as of the date above first written when it shall have been executed on behalf of Xxxxxxx Xxx, the Seller/Servicer and the Custodian and thereafter shall be binding and inure to the benefit of the parties and their respective successors and assigns and shall continue in full force and effect so long as the Custodian shall hold, as custodian hereunder, any of the Notes or Assignments, or until the Custodial Agreement is terminated.