Common use of Collection and Funding Account Clause in Contracts

Collection and Funding Account. The segregated non-interest bearing trust account or accounts, each of which shall be an Eligible Account, established and maintained pursuant to Section 4.1 and entitled “Deutsche Bank National Trust Company, as Indenture Trustee for the HomEq Servicer Advance Receivables Backed Notes, Series 2010-ADV1, Collection and Funding Account.”

Appears in 4 contracts

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

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Collection and Funding Account. The segregated non-interest bearing trust account or accounts, each of which shall be an Eligible Account, established and maintained pursuant to Section 4.1 and entitled “Deutsche Bank National Trust Company, as Indenture Trustee for the HomEq HLSS Servicer Advance Receivables Backed Notes, Series 2010-ADV1, Collection and Funding Account.”

Appears in 2 contracts

Samples: Subservicing Agreement (New Residential Investment Corp.), Indenture (Home Loan Servicing Solutions, Ltd.)

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