Common use of Disbursement Account Clause in Contracts

Disbursement Account. (i) In accordance with the Custodial and Disbursement Agreement, the Disbursement Agent has established and shall maintain a segregated time or demand deposit account with the Account Bank for and on behalf of Guarantor (the “Disbursement Account”).

Appears in 2 contracts

Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)

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Disbursement Account. (i) In accordance with the Custodial and Disbursement Agent Agreement, the Disbursement Agent has established and shall maintain a segregated time or demand deposit account with the Disbursement Account Bank for and on behalf of Guarantor Seller (the “Disbursement Account”).

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Disbursement Account. (i) In accordance with the Custodial and Disbursement Agent Agreement, the Disbursement Agent has established and shall maintain a segregated time or demand deposit account with the Account Bank for and on behalf of Guarantor Seller (the “Disbursement Account”).

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Disbursement Account. (i) In accordance with the Custodial Disbursement Agent and Disbursement Account Bank Agreement, the Disbursement Agent has established and shall maintain a segregated time or demand deposit account with the Account Bank for and on behalf of Guarantor (the “Disbursement Account”).

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

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Disbursement Account. (i) i. In accordance with the Custodial Disbursement Agent and Disbursement Account Bank Agreement, the Disbursement Agent has established and shall maintain a segregated time or demand deposit account with the Account Bank for and on behalf of Guarantor (the “Disbursement Account”).

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

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