Amounts Held for Future Distribution. To the extent permitted under the Eligible Servicing Agreement, the Seller’s right to remit amounts held for distribution to the related trustee or Investor in a future month on deposit in each Custodial Account, to the related trustee or Investor as part of the Seller’s monthly P&I Advances required under the related Eligible Servicing Agreement.
Appears in 2 contracts
Samples: New RMSR Agreement (Ocwen Financial Corp), New RMSR Agreement (New Residential Investment Corp.)
Amounts Held for Future Distribution. To the extent permitted under the Eligible Servicing Agreement, the Seller’s Owner/Servicer's right to remit amounts held for distribution to the related trustee or Investor in a future month on deposit in each Custodial Account, to the related trustee or Investor as part of the Seller’s Owner/Servicer's monthly P&I Advances required under the related Eligible Servicing Agreement.
Appears in 2 contracts
Samples: Subservicing Agreement (Ocwen Financial Corp), Subservicing Agreement (New Residential Investment Corp.)
Amounts Held for Future Distribution. To the extent permitted under the Eligible Servicing Agreement, the SellerOwner/Servicer’s right to remit amounts held for distribution to the related trustee or Investor in a future month on deposit in each Custodial Account, to the related trustee or Investor as part of the SellerOwner/Servicer’s monthly P&I Advances required under the related Eligible Servicing Agreement.
Appears in 2 contracts
Samples: Subservicing Agreement (Ocwen Financial Corp), Subservicing Agreement (New Residential Investment Corp.)