Common use of Deposits to Collection Account Clause in Contracts

Deposits to Collection Account. The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication), within one (1) Business Day after receipt thereof, into the Collection Account and retain therein in trust for the benefit of the Noteholders and the Securities Insurer: (i) all payments of principal and interest on the Home Loans collected after the Cut-Off Date; (ii) all Net Liquidation Proceeds; (iii) all Property Insurance Proceeds; (iv) all Released Mortgaged Property Proceeds; (v) any amounts payable in connection with the repurchase of any Home Loan and the amount of any Substitution Adjustment pursuant to Section 3.05 hereof; (vi) the deposit of the Termination Price under Section 11.01 hereof; (vii) interest and gains on funds held in the Collection Account; (viii) Monthly Advances pursuant to Section 4.02(h) hereof; and (ix) Compensating Interest pursuant to Section 4.02(k) hereof. The Servicer shall be entitled to retain and not deposit into the Collection Account any amounts received with respect to a Home Loan that constitute additional servicing compensation pursuant to Section 7.03 hereof.

Deposits to Collection Account. The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication), within one (1) Business Day after receipt thereof, into the Collection Account and retain therein in trust for the benefit of the Noteholders and the Securities Insurer: (iA) all payments of principal and interest on the Home Loans collected received after the Cut-Off Date; (iiB) all Net Liquidation Proceeds; (iiiC) all Property Insurance Proceeds; (ivD) all Released Mortgaged Property Proceeds; (vE) any amounts payable in connection with the repurchase of any Home Loan and the amount of any Substitution Adjustment pursuant to Section 3.05 hereof; (viF) the deposit of the Termination Price under Section 11.01 hereof; (viiG) interest and gains on funds held in the Collection Account; (viiiH) Monthly Advances pursuant to Section 4.02(h) hereof; and; (ixI) Compensating Interest pursuant to Section 4.02(k4.02 (k) hereof; and (J) prepayment penalties received from any Obligor. The Servicer shall be entitled to retain and not deposit into the Collection Account any amounts received with respect to a Home Loan that constitute additional servicing compensation pursuant to Section 7.03 hereof.

Deposits to Collection Account. The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication), within [one (1) )] Business Day after receipt thereof, into the Collection Account and retain therein in trust for the benefit of the Noteholders [and the Securities Insurer]: (i) [all payments of principal and interest on the Home Mortgage Loans collected after the Cut-Off Date [or, in the case of Subsequent Mortgage Loans, the applicable Subsequent Cut-off Date]; (ii) all Net Liquidation Proceeds; (iii) all Property Insurance Proceeds; (iv) all Released Mortgaged Property Proceeds; (v) any amounts payable in connection with the repurchase of any Home Mortgage Loan and the amount of any Substitution Adjustment pursuant to Section 3.05 hereof; (vi) the deposit of the Termination Price under Section 11.01 hereof; (vii) interest and gains on funds held in the Collection Account; (viii) Monthly Advances pursuant to Section 4.02(h) hereof; and (ix) Compensating Interest pursuant to Section 4.02(k) hereof. .] The Servicer shall be entitled to retain and not deposit into the Collection Account any amounts received with respect to a Home Mortgage Loan that constitute additional servicing compensation pursuant to Section 7.03 hereof.

Deposits to Collection Account. The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication), within one (1) Business Day after receipt thereof, into the Collection Account and retain therein in trust for the benefit of the Noteholders [and the Securities Insurer]: (i) all payments of principal and interest on the Home Loans collected after the Cut-Off Date; (ii) all Net Liquidation Proceeds; (iii) all Property Insurance Proceeds; (iv) all Released Mortgaged Property Proceeds; (v) any amounts payable in connection with the repurchase of any Home Loan and the amount of any Substitution Adjustment pursuant to Section 3.05 hereof; (vi) the deposit of the Termination Price under Section 11.01 hereof; (vii) interest and gains on funds held in the Collection Account; (viii) Monthly Advances pursuant to Section 4.02(h) hereof; and (ix) Compensating Interest pursuant to Section 4.02(k) hereof. The Servicer shall be entitled to retain and not deposit into the Collection Account any amounts received with respect to a Home Loan that constitute additional servicing compensation pursuant to Section 7.03 hereof.

Deposits to Collection Account. The Servicer shall use its best efforts to deposit or cause to be deposited (without duplication), within one (1) Business Day after receipt thereof, into the Collection Account and retain therein in trust for the benefit of the Noteholders and the Securities Insurer: (i) all payments of principal and interest on the Home Loans collected due after the Cut-Off Date; (ii) all Net Liquidation Proceeds; (iii) all Property Insurance Proceeds; (iv) all Released Mortgaged Property Proceeds; (v) any amounts payable in connection with the repurchase of any Home Loan and the amount of any Substitution Adjustment pursuant to Section 3.05 hereof; (vi) the deposit of the Termination Price under Section 11.01 hereof; (vii) interest and gains on funds held in the Collection Account; (viii) Monthly Advances pursuant to Section 4.02(h) hereof; and (ix) Compensating Interest pursuant to Section 4.02(k4.02 (k) hereof. The Servicer shall be entitled to retain and not deposit into the Collection Account any amounts received with respect to a Home Loan that constitute additional servicing compensation pursuant to Section 7.03 hereof.