Common use of Monthly Advances Clause in Contracts

Monthly Advances. In the event that Wells Fargo Bank in its capacity as Servicer fails to make a Periodic Xxxxnce required to be made pursuant to the Wells Fargo Bank Servicing Agreement on or before the Distribution Daxx, xhe Trustee shall make a Periodic Advance as required by Section 3.03 hereof; provided, however, the Trustee shall not be required to make such Periodic Advances if prohibited by law or if it determines that such Periodic Advance would be a Nonrecoverable Advance. With respect to those Periodic Advances which should have been made by Wells Fargo Bank, the Trustee shall be entitled, pursuant to Section 0.00(a)(i), (ii) or (v) hereof, to be reimbursed from the Certificate Account for Periodic Advances and Nonrecoverable Advances made by it.

Monthly Advances. In the event that Wells Fargo Bank in its capacity as Servicer fails to make a Periodic Xxxxnce Axxxxxe required to be made pursuant to the Wells Fargo Bank Servicing Agreement on or before the Distribution DaxxDate, xhe xxx Trustee shall make a Periodic Advance as required by Section 3.03 hereof; provided, however, the Trustee shall not be required to make such Periodic Advances if prohibited by law or if it determines that such Periodic Advance would be a Nonrecoverable Advance. With respect to those Periodic Advances which should have been made by Wells Fargo Bank, the Trustee shall be entitled, pursuant to Section 0.00(a)(i3.00(x)(i), (ii) or (v) hereof, to be reimbursed from the Certificate Account for Periodic Advances and Nonrecoverable Advances made by it.

Monthly Advances. In the event that Wells Fargo Bank in its capacity as Servicer fails to make a Periodic Xxxxnce Axxxxxe required to be made pursuant to the Wells Fargo Bank Servicing Agreement on or before the Distribution DaxxDate, xhe xxx Trustee shall make a Periodic Advance as required by Section 3.03 hereof; provided, however, the Trustee shall not be required to make such Periodic Advances if prohibited by law or if it determines that such Periodic Advance would be a Nonrecoverable Advance. With respect to those Periodic Advances which should have been made by Wells Fargo BankBank in its capacity as Servicer, the Trustee shall be entitledentixxxx, pursuant to Section 0.00(a)(i3.02(a)(i), (ii) or (v) hereof, to be reimbursed from the Certificate Account for Periodic Advances and Nonrecoverable Advances made by it.

Monthly Advances. In the event that Wells Fargo Bank in its capacity as Servicer fails to make a Periodic Xxxxnce Adxxxxx required to be made pursuant to the Wells Fargo Bank Servicing Agreement on or before the Distribution DaxxDate, xhe xxx Trustee shall make a Periodic Advance as required by Section 3.03 hereof; provided, however, the Trustee shall not be required to make such Periodic Advances if prohibited by law or if it determines that such Periodic Advance would be a Nonrecoverable Advance. With respect to those Periodic Advances which should have been made by Wells Fargo Bank, the Trustee shall be entitled, pursuant to Section 0.00(a)(i3.00(x)(i), (ii) or (v) hereof, to be reimbursed from the Certificate Account for Periodic Advances and Nonrecoverable Advances made by it.

Monthly Advances. In the event that Wells Fargo Bank in its capacity as Servicer fails to make a Periodic Xxxxnce required Advance xxxxired to be made pursuant to the Wells Fargo Bank Servicing Agreement on or before the Distribution DaxxDate, xhe Trustee the Xxxxxee shall make a Periodic Advance as required by Section 3.03 hereof; provided, however, the Trustee shall not be required to make such Periodic Advances if prohibited by law or if it determines that such Periodic Advance would be a Nonrecoverable Advance. With respect to those Periodic Advances which should have been made by Wells Fargo Bank, the Trustee shall be entitled, pursuant to Section 0.00(a)(i3.02(a)(x), (ii) or (v) hereof, to be reimbursed from the Certificate Account for Periodic Advances and Nonrecoverable Advances made by it.