Common use of Deposit of Payments Clause in Contracts

Deposit of Payments. All amounts received on and after the Cut-Off Date with respect to the Home Loans to which the Transferor is not entitled to have been deposited into the Collection Account and are, as of the Closing Date, in the Collection Account;

Appears in 7 contracts

Samples: Sale and Servicing Agreement (Bcap LLC), Sale and Servicing Agreement (Securitized Asset Backed Receivables LLC), Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)

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Deposit of Payments. All amounts received on and after the Cut-Off Date with respect to the Home Loans to which the Transferor is not entitled to have been deposited into the Collection Account and are, as of the Closing Date, in the Collection Account;

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hsi Asset Securitization Corp)

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