Common use of Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis Clause in Contracts

Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis. The Servicer shall segregate and hold all funds collected and received pursuant to the Mortgage Loans which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, with respect to the accounts maintained by any one Servicer, its "Escrow Account"), in the form of time deposit or demand accounts, which may be interest bearing, titled, with respect to the Servicer, "Countrywide Home Loans Servicing LP, in trust for Goldman Sachs Mortgage Company, as Owner, and any successor Owner, and xxxxxxx Mortgagors." The Escrow Account shall be an Eligible Account.

Appears in 1 contract

Samples: Master Servicing and Trust Agreement (Gsaa Home Equity Trust 2004-8)

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Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis. The Servicer shall segregate and hold all funds collected and received pursuant to the Mortgage Loans which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, with respect to the accounts maintained by any one Servicer, its "Escrow Account"), in the form of time deposit or demand accounts, which may be interest bearing, titled, with respect to the Servicer, "Countrywide Home Loans Servicing LP, in trust for Goldman Sachs Mortgage Company, as OwnerOxxxx, and any xnx xxx successor Owner, and xxxxxxx certain Mortgagors." The Escrow Account shall be an Eligible Account.

Appears in 1 contract

Samples: Trust Agreement (GSAA Home Equity Trust 2005-4)

Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis. (a) The Servicer shall segregate and hold all funds collected and received pursuant to the Mortgage Loans which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, with respect to the accounts maintained by any one Servicer, its "Escrow Account"), in the form of time deposit or demand accounts, which may be interest bearing, titled, with respect to the Servicer, "Countrywide Home Loans Servicing LP, in trust for Goldman Sachs Mortgage Company, as Owner, and any successor OwnerOxxxx, and xxxxxxx xnd cerxxxx Mortgagors." The Escrow Account shall be an Eligible Account.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-4)

Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis. (a) The Servicer shall segregate and hold all funds collected and received pursuant to the Mortgage Loans which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, with respect to the accounts maintained by any one Servicer, its "Escrow Account"), in the form of time deposit or demand accounts, which may be interest bearing, titled, with respect to the Servicer, "Countrywide Home Loans Servicing LP, in trust for Goldman Sachs Mortgage Company, as Owner, and any successor OwnerOwxxx, and xxxxxxx xxd certain Mortgagors." The Escrow Account shall be an Eligible Account.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3)

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Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis. The Servicer shall segregate and hold all funds collected and received pursuant to the Mortgage Loans which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, with respect to the accounts maintained by any one Servicer, its "Escrow Account"), in the form of time deposit or demand accounts, which may be interest bearing, titled, with respect to the Servicer, "Countrywide Home Loans Servicing LP, in trust for Goldman Sachs Mortgage Company, as OwnerOxxxx, and xnd any successor Owner, and xxxxxxx certain Mortgagors." The Escrow Account shall be an Eligible Account.

Appears in 1 contract

Samples: Trust Agreement (GSAA Home Equity Trust 2005-4)

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