Establishment of and Deposits to Subsidy Account. 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 established with a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 9 contracts
Samples: Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-2), Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3), Warranties and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Af2)
Establishment of and Deposits to Subsidy Account. 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 Residential Mortgage Loans, and various Mortgagors." ” The Subsidy Account shall be an eligible deposit account established with a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 4 contracts
Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-8xs), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs)
Establishment of and Deposits to Subsidy Account. 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 established with a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 3 contracts
Samples: Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2), Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1), Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1)
Establishment of and Deposits to Subsidy Account. 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 succesxxxx 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 a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 3 contracts
Samples: Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-1ar), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-3ar)
Establishment of and Deposits to Subsidy Account. 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 xxsigns, and/or subsequent purchasers of residential Residential Mortgage Loans, and various Mortgagors." The Subsidy Account shall be an eligible deposit account established with 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: And Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs), Indemnification Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar)
Establishment of and Deposits to Subsidy Account. 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 a Qualified Depositoryan eligible institution. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Sequoia Mortgage Trust 2007-2)
Establishment of and Deposits to Subsidy Account. 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 “Wexxx Xargo 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 a Qualified Depositoryan eligible institution. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 1 contract
Establishment of and Deposits to Subsidy Account. 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 successxxx xr assigns, and/or subsequent purchasers of residential Residential Mortgage Loans, and various Mortgagors." The Subsidy Account shall be an eligible deposit account established with a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-2)
Establishment of and Deposits to Subsidy Account. 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 a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)
Establishment of and Deposits to Subsidy Account. 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 assignsox xxxigns, and/or subsequent purchasers of residential Mortgage Loans, and various Mortgagors." The Subsidy Account shall be established with a Qualified Depository. The Company shall, from time to time, withdraw funds from the Subsidy Account for the following purposes:: 50
Appears in 1 contract
Samples: Warranties and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A9)
