Advance Account. (a) The Servicer shall cause to be established and maintained in its name, an Advance Account (the "Advance Account"), which need not be a segregated account. The Advance Account shall be maintained with any financial institution the Servicer elects.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (H&r Block Inc), Trust and Servicing Agreement (Finova Group Inc), Sale and Servicing Agreement (H&r Block Inc)
Advance Account. (a) The Servicer shall cause to be established and maintained in its name, an Advance Account (the "“Advance Account"”), which need not be a segregated account. The Advance Account shall be maintained with any financial institution the Servicer elects.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (H&r Block Inc), Sale and Servicing Agreement (H&r Block Inc)
Advance Account. (a1) The Servicer shall cause to be established and maintained in its name, an Advance Account (the "“Advance Account"”), which need not be a segregated account. The Advance Account shall be maintained with any financial institution the Servicer elects.
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Advance Account. (a) The Servicer shall cause to be established and maintained in its name, an Advance Account (the "“Advance Account"”), with respect to which need not a Blocked Account Agreement acceptable to the Purchaser shall be duly executed. The Advance Account shall be a segregated accountseparate Eligible Account. The Advance Account shall be maintained with any a financial institution acceptable to the Servicer electsPurchaser and shall be maintained for and on behalf of the Purchaser, entitled “Lxxxxx Brothers Bank, for the benefit of the Issuer, Re: Custodial Agreement dated as of June 1, 2005.” Amounts in the Advance Account may not be invested.
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