Common use of Deposits to Special Accounts Clause in Contracts

Deposits to Special Accounts. Except as otherwise provided in the Lock-Box Agreement, the Servicer will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any Lock-Box Account cash or cash proceeds other than Collections in respect of the Collateral.

Appears in 26 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

AutoNDA by SimpleDocs

Deposits to Special Accounts. Except as otherwise provided in the Lock-Box Agreement, the Servicer will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any Lock-Box Account cash or cash proceeds other than Collections in respect of the CollateralAssets in the Asset Pool.

Appears in 3 contracts

Samples: Loan Certificate and Servicing Agreement (Capitalsource Inc), Certificate and Servicing Agreement (Capitalsource Inc), Loan Certificate and Servicing Agreement (Capitalsource Inc)

Deposits to Special Accounts. Except as otherwise provided in the Lock-Box Agreement, the The Servicer will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any Lock-Box the Lockbox Account cash or cash proceeds other than Collections Collections, Excluded Amounts in respect of Contracts in the CollateralAsset Pool and capital contributions received, in cash, from the Originator.

Appears in 2 contracts

Samples: Note Purchase Agreement (NewStar Financial, Inc.), Note Purchase Agreement (NewStar Financial, Inc.)

AutoNDA by SimpleDocs

Deposits to Special Accounts. Except as otherwise provided in the Lock-Box Agreement, the Servicer will not deposit or otherwise credit, or cause or permit to be so 100 deposited or credited, to any Lock-Box Account cash or cash proceeds other than Collections in respect of the Collateral.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capitalsource Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!