Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Fargo Bank, N.A., in trust for the Purchaser, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 15 contracts
Samples: Reconstituted Servicing Agreement (Lehman XS Trust 2007-1), Reconstituted Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-4)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “"Xxxxx Fargo Bank, N.A., in trust for the PurchaserBank of America, National Association, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 12 contracts
Samples: Assumption and Recognition Agreement (Banc of America Funding 2006-2 Trust), Assumption and Recognition Agreement (Banc of America Funding 2006-G Trust), Assignment, Assumption and Recognition Agreement (Banc of America Funding 2006-2 Trust)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “"Xxxxx Fargo Bank, N.A., in trust for the Purchaser, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 11 contracts
Samples: Reconstituted Servicing Agreement, Reconstituted Servicing Agreement, Warranties and Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-11h)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Wxxxx Fargo Bank, N.A., in trust for the PurchaserBank of America, National Association, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 3 contracts
Samples: And Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), And Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), And Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx "Wells Fargo Bank, N.A., in trust for the Purchaser, its successors or assignsaxxxxxs, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 3 contracts
Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa2), Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa4), Trust Agreement (BCAPB LLC Trust 2007-Ab1)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Fargo Bank, N.A., in trust for the Purchaser, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 2 contracts
Samples: Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2007-3), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2007-4)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx "Wells Fargo Bank, N.A., in trust for the Purchaser, its successors or assignsxx xssigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 2 contracts
Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Wxxxx Fargo Bank, N.A., in trust for the Purchaser, its successors or assigns, and/or subsequent purchasers of Residential residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 2 contracts
Samples: Custodial Agreement (Bear Stearns Asset Backed Securities I Trust 2006-He3), Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Fargo Bank, N.A., in trust for the PurchaserBank of America, National Association, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 2 contracts
Samples: And Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-1f)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx "Wxxxx Fargo Bank, N.A., in trust for the PurchaserBank of America, National Association, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Banc of America Funding 2006-H Trust)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Wxxxx Fargo Bank, N.A., in trust for the Purchaser, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 1 contract
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx "Wells Fargo Bank, N.A., in trust for the Purchaser, its successors or assignsassxxxx, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-22)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx "Wells Fargo Bank, N.A., in trust for the Purchaser, its successors succexxxxx or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 1 contract
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx "Wells Fargo Bank, N.A., in trust for the Purchaser, its successors or assignsxxxxgns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” " The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 1 contract
Samples: Reconstituted Servicing Agreement (Thornburg Mortgage Securities Trust 2006-5)
Establishment of and Deposits to Subsidy Account. (a) The Company shall segregate and hold all Subsidy Funds collected and received pursuant to the Subsidy Loans separate and apart from any of its own funds and general assets and shall establish and maintain one or more Subsidy Accounts, in the form of time deposit or demand accounts, titled “Xxxxx Fargo Welxx Xxrgo Bank, N.A., in trust for the PurchaserBank of America, National Association, its successors or assigns, and/or subsequent purchasers of Residential Mortgage Loans, and various Mortgagors.” The Subsidy Account shall be an eligible deposit account established with an eligible institution.
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Thornburg Mortgage Securities Trust 2006-1)
