Custodial Account Establishment Clause Samples
Custodial Account Establishment. The Servicer must establish appropriate custodial accounts for the benefit of the Trustee, its successors and assigns for the deposit of funds collected in connection with such Mortgage Loans. All custodial accounts and related records must be maintained in accordance with sound and controlled accounting practices. The custodial accounts maintained pursuant to this Agreement may be custodial accounts for one or more other series of mortgage pass-through certificates issued by Wells Fargo Asset Securities Corporation; provided, however, that (a) ▇▇▇ trustee for such other series under the related pooling and servicing agreement(s) is the Trustee and (b) the master servicer for such other series under the related pooling and servicing agreement(s) is the Master Servicer.
Custodial Account Establishment. The Servicer must establish appropriate custodial accounts for the benefit of the Trustee, its successors and assigns for the deposit of funds collected in connection with such Mortgage Loans. All custodial accounts and related records must be maintained in accordance with sound and controlled accounting practices. The custodial accounts maintained pursuant to this Agreement may be custodial accounts for one or more other series of mortgage asset-backed pass-through certificates issued by Wells Fargo Asset Securities Corporation; provided, however, that (a) ▇▇▇ trustee for such other series under the related pooling and servicing agreement(s) is the Trustee and (b) the master servicer for such other series under the related pooling and servicing agreement(s) is the Master Servicer.
Custodial Account Establishment. 39 6.1.2. Custodial Account Separateness...............................39 6.1.3. Custodial Account Maintenance................................39 6.1.4. Escrow Investment............................................40 6.1.5. Clearing Account.............................................41 6.1.6. Custodial Buydown Account....................................41 6.1.7. Certificate Account..........................................41 6.1.8. Custodial Subsidy Account....................................41
Custodial Account Establishment. 35 6.1.2. Custodial Account Separateness..............................35 6.1.3.
Custodial Account Establishment. 38 6.1.2 Custodial Account Separateness . . . . . . . . . . . . . . 38 6.1.3 Custodial Account Maintenance. . . . . . . . . . . . . . . 38 6.1.4 Escrow Investment. . . . . . . . . . . . . . . . . . . . . 40 6.1.5 Clearing Account . . . . . . . . . . . . . . . . . . . . . 40 6.1.6 Custodial Buydown Account. . . . . . . . . . . . . . . . . 41 6.1.7 Certificate Account. . . . . . . . . . . . . . . . . . . . 41 6.1.8 Custodial Subsidy Account. . . . . . . . . . . . . . . . . 41