Common use of Escrow Accounts Clause in Contracts

Escrow Accounts. Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted in the applicable Servicing Agreement.

Appears in 23 contracts

Samples: Assignment and Assumption Agreement (Ocwen Financial Corp), Assignment and Assumption Agreement (New Residential Investment Corp.), Master Servicing Rights Purchase Agreement (Ocwen Financial Corp)

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Escrow Accounts. Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted described in Section 5.9 of the applicable Servicing Subservicing Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Loan Servicing Solutions, Ltd.)

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