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 ▇▇▇▇▇▇ or ▇▇▇▇▇▇’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 ▇▇▇▇▇▇ or ▇▇▇▇▇▇’s '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 ▇▇▇▇▇▇ Payee or ▇▇▇▇▇▇’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 ▇▇▇▇▇▇ Payee or ▇▇▇▇▇▇’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 ▇▇▇▇▇▇ Payee or ▇▇▇▇▇▇’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 ▇▇▇▇▇▇ Lender or ▇▇▇▇▇▇Lender’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 ▇▇▇▇▇▇ or ▇▇▇▇▇▇’s '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 ▇▇▇▇▇▇ or ▇▇▇▇▇▇’s '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.