Common use of Inter-Company Uses of Funds Clause in Contracts

Inter-Company Uses of Funds. Notwithstanding anything herein to the contrary, and subject to the proviso set forth below, the Servicer is permitted to withdraw funds from a Custodial P & I Account and commingle such funds with the general assets of the Servicer to be used for general corporate purposes until such time as such funds are required to be remitted to the related Certificate Account; provided, however, that the provisions of this Section 6.4.6 shall be applicable only for so long as (i) a master guarantee substantially in the form of Exhibit A attached hereto has been issued by Wells Fargo & Company for the benefit of the certificateholders of txx Xxrtgage Pass-Through Certificates and is currently in force and (ii) the short-term debt or long-term debt of Wells Fargo & Company is rated by each of the Rating Agencies in its xxxxest short-term or highest long-term rating category or in such lower rating category as would not result in a downgrading or withdrawing of the rating then assigned to any of the Mortgage Pass-Through Certificates by either Rating Agency or result in any of such rated Mortgage Pass-Through Certificates being placed on credit review status by either Rating Agency.

Inter-Company Uses of Funds. Notwithstanding anything herein to the contrary, and subject to the proviso set forth below, the Servicer is permitted to withdraw funds from a Custodial P & I Account and commingle such funds with the general assets of the Servicer to be used for general corporate purposes until such time as such funds are required to be remitted to the related Certificate Account; provided, however, that the provisions of this Section 6.4.6 shall be applicable only for so long as (i) a master guarantee substantially in the form of Exhibit A attached hereto has been issued by Wells Fargo & Company for the benefit of the certificateholders of txx Xxrtgage Asset-Backed Pass-Through Certificates and is currently in force and (ii) the short-term debt or long-term debt of Wells Fargo & Company is rated by each of the Rating Agencies in its xxxxest short-term or highest long-term rating category or in such lower rating category as would not result in a downgrading or withdrawing of the rating then assigned to any of the Mortgage Asset-Backed Pass-Through Certificates by either Rating Agency or result in any of such rated Mortgage Asset-Backed Pass-Through Certificates being placed on credit review status by either Rating Agency.

Inter-Company Uses of Funds. Notwithstanding anything herein to the contrary, and subject to the proviso set forth below, the Servicer is permitted to withdraw funds from a Custodial P & I Account and commingle such funds with the general assets of the Servicer to be used for general corporate purposes until such time as such funds are required to be remitted to the related Certificate Account; provided, however, that the provisions of this Section 6.4.6 shall be applicable only for so long as (i) a master guarantee substantially in the form of Exhibit A attached hereto has been issued by Wells Fargo & Company for the benefit of the certificateholders of txx Xxrtgage thx Xxxtgage Pass-Through Certificates and is currently in force and (ii) the short-term debt or long-term debt of Wells Fargo & Company is rated by each of the Rating Agencies in its xxxxest xxxxxst short-term or highest long-term rating category or in such lower rating category as would not result in a downgrading or withdrawing of the rating then assigned to any of the Mortgage Pass-Through Certificates by either Rating Agency or result in any of such rated Mortgage Pass-Through Certificates being placed on credit review status by either Rating Agency.

Inter-Company Uses of Funds. Notwithstanding anything herein to the contrary, and subject to the proviso set forth below, the Servicer is permitted to withdraw funds from a Custodial P & I Account and commingle such funds with the general assets of the Servicer to be used for general corporate purposes until such time as such funds are required to be remitted to the related Certificate Account; provided, however, that the provisions of this Section 6.4.6 shall be applicable only for so long as (i) a master guarantee substantially in the form of Exhibit A attached hereto has been issued by Wells Xxxxx Fargo & Company for the benefit of the certificateholders of txx Xxrtgage the Mortgage Pass-Through Certificates and is currently in force and (ii) the short-term debt or long-term debt of Wells Xxxxx Fargo & Company is rated by each of the Rating Agencies in its xxxxest highest short-term or highest long-term rating category or in such lower rating category as would not result in a downgrading or withdrawing of the rating then assigned to any of the Mortgage Pass-Through Certificates by either Rating Agency or result in any of such rated Mortgage Pass-Through Certificates being placed on credit review status by either Rating Agency.

Inter-Company Uses of Funds. Notwithstanding anything herein to the contrary, and subject to the proviso set forth below, the Servicer is permitted to withdraw funds from a Custodial P & I Account and commingle such funds with the general assets of the Servicer to be used for general corporate purposes until such time as such funds are required to be remitted to the related Certificate Account; provided, however, that the provisions of this Section 6.4.6 shall be applicable only for so long as (i) a master guarantee substantially in the form of Exhibit A attached hereto has been issued by Wells Fargo & Company for the benefit of the certificateholders of txx Xxrtgage thx Xxxtgage Asset-Backed Pass-Through Certificates and is currently in force and (ii) the short-term debt or long-term debt of Wells Fargo & Company is rated by each of the Rating Agencies in its xxxxest xxxxxst short-term or highest long-term rating category or in such lower rating category as would not result in a downgrading or withdrawing of the rating then assigned to any of the Mortgage Asset-Backed Pass-Through Certificates by either Rating Agency or result in any of such rated Mortgage Asset-Backed Pass-Through Certificates being placed on credit review status by either Rating Agency.

Inter-Company Uses of Funds. Notwithstanding anything herein to the contrary, and subject to the proviso set forth below, the Servicer is permitted to withdraw funds from a Custodial P & I Account and commingle such funds with the general assets of the Servicer to be used for general corporate purposes until such time as such funds are required to be remitted to the related Certificate Account; provided, however, that the provisions of this Section 6.4.6 shall be applicable only for so long as (i) a master guarantee substantially in the form of Exhibit A attached hereto has been issued by Wells Wxxxx Fargo & Company for the benefit of the certificateholders of txx Xxrtgage the Mortgage Pass-Through Certificates and is currently in force and (ii) the short-term debt or long-term debt of Wells Wxxxx Fargo & Company is rated by each of the Rating Agencies in its xxxxest highest short-term or highest long-term rating category or in such lower rating category as would not result in a downgrading or withdrawing of the rating then assigned to any of the Mortgage Pass-Through Certificates by either Rating Agency or result in any of such rated Mortgage Pass-Through Certificates being placed on credit review status by either Rating Agency.