Eligible Investments Permitted. Unless prevented or restricted by written notice of the Master Servicer pursuant to Section 6.4.5 hereof, the Servicer may, from time to time, withdraw funds from a Custodial P&I Account, Custodial Subsidy Account or Custodial Buydown Account, and immediately invest such funds in Eligible Investments in accordance with this Agreement. Upon the maturity of such Eligible Investments, such funds shall be redeposited into the Eligible Account from which they were drawn or into the Certificate Account.
Appears in 59 contracts
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-11 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-14 Trust)
Eligible Investments Permitted. Unless prevented or restricted by written notice of the Master Servicer pursuant to Section 6.4.5 hereof, the Servicer may, from time to time, withdraw funds from a Custodial P&I Account, Custodial Subsidy Account, Custodial PITI Account or Custodial Buydown Account, and immediately invest such funds in Eligible Investments in accordance with this Agreement. Upon the maturity of such Eligible Investments, such funds shall be redeposited into the Eligible Account from which they were drawn or into the Certificate Account.
Appears in 18 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-13 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar5 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar9 Trust)
