Common use of Payments from Collection Account Clause in Contracts

Payments from Collection Account. To effect payments (including prepayments) hereunder, the Borrower may use collected funds (if any) then held on deposit in the Collection Account.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Lennar Corp /New/)

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Payments from Collection Account. To effect payments (including prepayments) hereunder, the Borrower may use the collected funds (if any) then held on deposit in the Collection Account.

Appears in 2 contracts

Samples: Loan Agreement (American Home Mortgage Investment Corp), Loan Agreement (American Home Mortgage Investment Corp)

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Payments from Collection Account. To effect payments (including prepayments) hereunder, the Borrower Sellers may use the collected funds (if any) then held on deposit in the Collection Account.

Appears in 1 contract

Samples: Repurchase Agreement (American Home Mortgage Investment Corp)

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