Common use of Permitted Withdrawals from the Certificate Account Clause in Contracts

Permitted Withdrawals from the Certificate Account. (a) The Securities Administrator shall withdraw funds from the Certificate Account for distributions to Certificateholders in the manner specified in this Agreement. In addition, the Securities Administrator may from time to time make withdrawals from the Certificate Account for the following purposes:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of American Funding Corp Mort Pass Thru Cert Ser 2003-2), Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-2)

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Permitted Withdrawals from the Certificate Account. (a) The Securities Administrator shall withdraw funds from the Certificate Account for distributions to Certificateholders in the manner specified in this Agreement. In additionmay, the Securities Administrator may from time to time time, make withdrawals from the Certificate Account for the following purposes:

Appears in 2 contracts

Samples: Trust Agreement (Wells Fargo Asset Securities Corp), Trust Agreement (Wells Fargo Asset Securities Corp)

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Permitted Withdrawals from the Certificate Account. (a) The Securities Administrator shall withdraw funds from the Certificate Account for distributions to Certificateholders in the manner specified in this Agreement. In addition, the Securities Administrator may from time to time make withdrawals withdraw funds from the Certificate Account for the following purposes:

Appears in 1 contract

Samples: Pooling Agreement (Bear Stearns ARM Trust 2006-3)

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