Common use of Deposits to Collection Account Clause in Contracts

Deposits to Collection Account. Subject to the last paragraph of this Section 2.02(c), the Servicer shall deposit in the Collection Account each of the following payments on and collections in respect of the Mortgage Loans as soon as practicable, but in no event later than the close of business on the second Business Day after its receipt thereof:

Appears in 3 contracts

Samples: Servicing Agreement (Fund America Investors Corp Ii), Servicing Agreement (Fund America Investors Corp Ii), Servicing Agreement (Ace Securities Corp)

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Deposits to Collection Account. Subject to the last paragraph of this Section 2.02(c), the Servicer shall deposit in the Collection Account each of the following payments on and collections in respect of the Mortgage Home Loans as soon as practicable, but in no event later than the close of business on the second Business Day after its receipt thereof:

Appears in 1 contract

Samples: Servicing Agreement (Financial Asset Securities Corp)

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Deposits to Collection Account. Subject to the last paragraph of this ------------------------------- Section 2.02(c), the Servicer shall deposit in the Collection Account each of the following payments on and collections in respect of the Mortgage Home Loans as soon as practicable, but in no event later than the close of business on the second Business Day after its receipt thereof:

Appears in 1 contract

Samples: Servicing Agreement (Ocwen Mortgage Loan Trust Ass Back Notes Ser 1998-Oac1/)

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