Common use of Permitted Withdrawals from the Collection Account and Trustee Collection Account Clause in Contracts

Permitted Withdrawals from the Collection Account and Trustee Collection Account. The Master Servicer is hereby authorized by the Trustee (such authorization to be revocable by the Trustee at any time), from time to time, to make withdrawals from the Collection Account or, as applicable, the Trustee Collection Account but only for the following purposes:

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Bcap LLC), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC), Pooling and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)

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Permitted Withdrawals from the Collection Account and Trustee Collection Account. The Master Servicer is hereby authorized by the Trustee (such authorization to be revocable by the Trustee at any time), from time to time, to make withdrawals from the Collection Account or, as applicable, the Trustee Collection Account but only for the following purposes:

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Home Equity Securitization Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)

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