Common use of Collection of Monies Clause in Contracts

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Securities Administrator may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator pursuant to this Agreement. The Securities Administrator shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Securities Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Securities Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Securities Administrator shall subsequently receive any such amount, it may withdraw such request.

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Securities Administrator and the Trustee, as applicable, may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator it pursuant to this Agreement. The Securities Administrator and the Trustee shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Securities Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Securities Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Securities Administrator shall subsequently receive any such amountamounts, it may withdraw such request.

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Securities Trustee or the Trust Administrator may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator pursuant to this Agreement. The Securities Trustee or the Trust Administrator shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Securities Trustee or the Trust Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Securities Trustee or the Trust Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Securities Trustee or the Trust Administrator shall subsequently receive any such amount, it may withdraw such request.

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Securities Administrator and the Trustee, as applicable, may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator it pursuant to this Agreement. The Securities Administrator and the Trustee shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Securities Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Securities Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Securities Administrator shall subsequently receive any such amountamounts, it each may withdraw such request, respectively.

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Trustee or Securities Administrator may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator pursuant to this Agreement. The Trustee or Securities Administrator shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Trustee or Securities Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Trustee or Securities Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Trustee or Securities Administrator shall subsequently receive any such amount, it may withdraw such request.

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Trustee and the Securities Administrator may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator them pursuant to this Agreement. The Each of the Trustee and the Securities Administrator shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Securities Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the a Master Servicer, the Securities Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Securities Administrator shall subsequently receive any such amount, it may withdraw such request.

Collection of Monies. Except as otherwise expressly provided in this Agreement, the Securities Administrator may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Securities Administrator pursuant to this Agreement. The Securities Administrator shall hold all such money and property received by it as part of the Trust Fund or the Final Maturity Reserve Trust and shall distribute it as provided in this Agreement. If the Securities Administrator shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Securities Administrator shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Securities Administrator shall subsequently receive any such amount, it may withdraw such request.