Permitted Withdrawals From Custodial Account. The Servicer shall, from time to time, withdraw funds from the Custodial Account for the following purposes:
Permitted Withdrawals From Custodial Account. The Company shall, from time to time, withdraw funds from the Custodial Account for the following purposes:
Permitted Withdrawals From Custodial Account. 21 Section 4.06 Establishment of and Deposits to Escrow Account..............................................22 Section 4.07 Permitted Withdrawals From Escrow Account....................................................23 Section 4.08 Payment of Taxes, Insurance and Other Charges................................................24 Section 4.09
Permitted Withdrawals From Custodial Account. The Seller shall, from time to time, withdraw funds from the Custodial Account for the following purposes:
Permitted Withdrawals From Custodial Account. Section 4.06 Establishment of and Deposits to Escrow Account.
Permitted Withdrawals From Custodial Account. 16 Section 3.05 Establishment of and Deposits to Escrow Account..............17 Section 3.06 Permitted Withdrawals From Escrow Account....................18 Section 3.07 Maintenance of PMI Policy and/or LPMI Policy; Claims.........19 Section 3.08 Fidelity Bond and Errors and Omissions Insurance.............20 Section 3.09
Permitted Withdrawals From Custodial Account. Subject to Section 3.01, the Servicer shall be entitled to withdraw funds from the Custodial Account for the following purposes: to make payments to the Owner in the amounts and in the manner provided Section 3.01; to pay to itself the Servicing Fee (to the extent the Servicer has not retained the Servicing Fee); to reimburse itself for Monthly Advances of the Servicer’s funds made pursuant to Section 3.04, the Servicer’s right to reimburse itself pursuant to this subclause (iii) being limited to amounts received on the related Mortgage Loan (including without limitation, late recoveries of payments from the Mortgagor, Liquidation Proceeds, Condemnation Proceeds and Insurance Proceeds with respect to such Mortgage Loan to the extent collected) which represent late payments of principal and/or interest respecting which any such Monthly Advance was made; it being understood that, in the case of any such reimbursement, the Servicer’s right thereto shall be prior to the rights of the Owner; to reimburse itself for unreimbursed Servicing Advances (except to the extent reimbursed pursuant to Section 2.07), any accrued but unpaid Servicing Fees and for unreimbursed advances of Servicer funds made pursuant to Section 2.15, the Servicer’s right to reimburse itself pursuant to this subclause (iv) with respect to any Mortgage Loan being limited to related Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and such other amounts as may be collected by the Servicer from the Mortgagor or otherwise relating to the Mortgage Loan, it being understood that, in the case of any such reimbursement, the Servicer’s right thereto shall be prior to the rights of the Owner; following the liquidation of a Mortgage Loan, to reimburse itself from amounts unrelated to the Mortgage Loan for any unpaid Servicing Fees to the extent not recoverable from Liquidation Proceeds, Insurance Proceeds or other amounts received with respect to the related Mortgage Loan under Section 2.05(iii); to reimburse itself for any unreimbursed Nonrecoverable Advances made by the Servicer in accordance with this Agreement; to invest funds in Eligible Investments in accordance with Section 2.09; to withdraw funds deposited in error; to pay itself any interest earned on funds deposited in the Custodial Account and to withdraw any Prepayment Interest Excesses (but only to the extent not required to offset Prepayment Interest Shortfalls and only to the extent such amounts are actually received by the...
Permitted Withdrawals From Custodial Account. Section 4.07. Establishment of and Deposits to Escrow Account............. Section 4.08. Permitted Withdrawals From Escrow Account................... Section 4.09. Payment of Taxes, Insurance and Other Charges............... Section 4.10.
Permitted Withdrawals From Custodial Account. Subject to Section 3.01, on each Remittance Date, the Servicer shall be entitled to funds from the Custodial Account for the following purposes:
Permitted Withdrawals From Custodial Account. 7 Section 2.06 Establishment of and Deposits to Escrow Account............................................8 Section 2.07 Permitted Withdrawals From Escrow Account..................................................9 Section 2.08 Payment of Taxes, Insurance and Other Charges..............................................9 Section 2.09 PMI Obligations...........................................................................10 Section 2.10 Protection of Accounts....................................................................10 Section 2.11 Maintenance of Hazard Insurance...........................................................10 Section 2.12 Maintenance of Mortgage Impairment Insurance..............................................12 Section 2.13 Maintenance of Fidelity Bond and Errors and Omissions Insurance...........................12 Section 2.14 Inspections...............................................................................13 Section 2.15 Restoration of Mortgaged Property.........................................................13 Section 2.16 Maintenance of PMI Policy; Claims.........................................................13 Section 2.17 Title, Management and Disposition of REO Property.........................................14 Section 2.18 Permitted Withdrawals with respect to REO Property........................................15 Section 2.19 Real Estate Owned Reports.................................................................15
