Withdrawals From the Custodial Account. The Servicer shall, from time to time, withdraw funds from the Custodial Account for the following purposes:
Withdrawals From the Custodial Account. The Servicer shall, from time to time as provided herein, make withdrawals from the Custodial Account of amounts on deposit therein pursuant to Section 3.02 that are attributable to the Mortgage Loans for the following purposes:
Withdrawals From the Custodial Account. The Seller shall, from time to time during the Interim Servicing Period, withdraw funds from the Custodial Account for the following purposes:
Withdrawals From the Custodial Account. The Company shall, from time to time, withdraw funds from the Custodial Account for the following purposes:
Withdrawals From the Custodial Account. Subsection 11.06 Establishment of Escrow Account; Deposits in Escrow Account.
Withdrawals From the Custodial Account. Purchaser shall, from time to time, withdraw funds from the Custodial Account for the following purposes:
Withdrawals From the Custodial Account. The Servicer may, from time to time, make, or cause to be made, withdrawals from the Custodial Account for the following purposes:
Withdrawals From the Custodial Account. The Master Servicer shall withdraw or cause to be withdrawn funds from the Custodial Account for the following purposes:
Withdrawals From the Custodial Account. Section 3.04 Maintenance of Hazard Insurance; Property Protection Expenses........................... Section 3.05
Withdrawals From the Custodial Account. The Seller shall, from time to time during the Interim Servicing Period, withdraw funds from the Custodial Account for the following purposes: to make payments to the Purchaser in the amounts and in the manner provided for in Subsection 10.16; [reserved]; to reimburse itself for any unpaid Servicing Fees and for unreimbursed Servicing Advances, it being understood that, in the case of any such reimbursement, the Seller’s right thereto shall be prior to the rights of the Purchaser unless the Seller is required to repurchase a Mortgage Loan pursuant to Subsection 7.03, in which case the Seller’s right to such reimbursement shall be subsequent to the payment to the Purchaser of the related Repurchase Price pursuant to Subsection 7.03, and all other amounts required to be paid to the Purchaser with respect to such Mortgage Loan; [reserved]; to reimburse itself for expenses incurred by and reimbursable to it pursuant to Subsection 10; to pay to itself any interest earned or any investment earnings on funds deposited in the Custodial Account, net of any losses on such investments; to withdraw any amounts inadvertently deposited in the Custodial Account; and to clear and terminate the Custodial Account upon the termination of this Agreement. Upon request, the Seller will provide the Purchaser with copies of reasonably acceptable invoices or other documentation relating to Servicing Advances that have been reimbursed from the Custodial Account. Establishment of Escrow Account; Deposits in Escrow Account. The Seller shall segregate and hold all funds collected and received pursuant to each Mortgage Loan which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, the “Escrow Account”), titled “Seller, in trust for XXXX as Purchaser of Mortgage Loans and various Mortgagors.” The Escrow Account shall be an Eligible Account established with a commercial bank, a savings bank or a savings and loan association (which may be a depository affiliate of Seller), which meets the guidelines set forth by Xxxxxx Mae or Xxxxxxx Mac as an eligible institution for escrow accounts. The Escrow Account shall initially be established and maintained at an institution reasonably acceptable to the Seller and the Purchaser, and shall not be transferred to any other depository institution without the Purchaser’s approval, which shall not unreasonably be withheld. In any case, the ...
