Administrator as Custodian. To reduce administrative costs, the Administrator will act as custodian for the benefit of the Noteholders of the following documents relating to each Receivable:
Appears in 29 contracts
Samples: Consent Agreement (PennyMac Mortgage Investment Trust), Servicing Rights Purchase Agreement (New Residential Investment Corp.), Indenture (New Residential Investment Corp.)
Administrator as Custodian. To reduce administrative costs, the Administrator will act as custodian for the benefit of the Noteholders of the following documents relating to each ReceivableParticipation Certificate:
Appears in 3 contracts
Samples: Excess Spread Participation Agreement (Mr. Cooper Group Inc.), GMSR Participation Agreement (loanDepot, Inc.), Agreement (PennyMac Financial Services, Inc.)
