Common use of Payment Distributions Clause in Contracts

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx or Xxxxxx’s agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for Lender, it may hold all distributions for that Lender in a non-interest-bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx Xxxxx or Xxxxxx’s Xxxxx's agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for LenderPayee, it may hold all distributions for that Lender Payee in a non-interest-interest bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx Payee or Xxxxxx’s Payee's agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for LenderPayee, it may hold all distributions for that Lender Payee in a non-interest-interest bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx Payee or Xxxxxx’s Payee's agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for LenderPayee, it may hold all distributions for that Lender Payee in a non-interest-non‐interest bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx Payee or Xxxxxx’s Payee's agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request)bank. If Servicer does not have a valid current address for LenderPayee, it may hold all distributions for that Lender Payee in a non-interest-non‐interest bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx Lender or XxxxxxLender’s agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for Lender, it may hold all distributions for that Lender in a non-interest-bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the named individuals and entities as instructed in writing by Xxxxxx Xxxxx or Xxxxxx’s Xxxxx's agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for LenderPayee, it may hold all distributions for that Lender Payee in a non-interest-non‐interest bearing trust account, without liability.

Payment Distributions. Servicer will distribute payments to the tothe named individuals and entities as instructed in writing by Xxxxxx Xxxxx or Xxxxxx’s Xxxxx's agent. Servicer reserves the right to delay distributions until payments deposited have cleared the issuer's bank according to Servicer’s Payment Policy (available upon request). If Servicer does not have a valid current address for LenderPayee, it may hold all distributions for that Lender Payee in a non-interest-interest bearing trust account, without liability.