Common use of Permitted Withdrawals with Respect to REO Property Clause in Contracts

Permitted Withdrawals with Respect to REO Property. The Seller shall withdraw REO funds on deposit in the Custodial Account with respect to each related REO Property necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 and the fees of any managing agent acting on behalf of the Seller. The Seller shall make monthly distributions on each Remittance Date to the Purchaser of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section 2.17 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

Permitted Withdrawals with Respect to REO Property. The Seller Servicer shall withdraw REO funds on deposit in the Custodial Account with respect to each related REO Property necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 2.10 and the fees of any managing agent acting on behalf of the SellerServicer. The Seller Servicer shall make monthly distributions on each Remittance Date to the Purchaser Owner of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section 2.17 2.18 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

Permitted Withdrawals with Respect to REO Property. The Seller Servicer shall withdraw REO funds on deposit in the Custodial Account with respect Account, to the extent such funds are related to each related REO Property property, necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 2.10 and the fees of any managing agent acting on behalf of the SellerServicer. The Seller Servicer shall make monthly distributions on each Remittance Date to the Purchaser Owner of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section 2.17 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

Permitted Withdrawals with Respect to REO Property. The Seller Servicer shall withdraw REO funds on deposit in the Custodial Account with respect to each related REO Property necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 2.10 and the fees of any managing agent acting on behalf of the SellerServicer. The Seller Servicer shall make monthly distributions on each Remittance Date to the Purchaser Owner of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section 2.17 2.15 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

Permitted Withdrawals with Respect to REO Property. The Seller Servicer shall withdraw REO funds on deposit in the Custodial Account with respect to each related REO Property necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 2.10 and the fees of any managing agent acting on behalf of the SellerServicer. The Seller Servicer shall make monthly distributions on each Remittance Date to the Purchaser of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section 2.17 2.16 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

Permitted Withdrawals with Respect to REO Property. The Seller Servicer shall withdraw REO funds on deposit in the Custodial Account with respect to each related REO Property necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 2.10 and the fees of any managing agent acting on behalf of the SellerServicer. The Seller Servicer shall make monthly distributions on each Remittance Date to the Purchaser Owner of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section 2.17 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

Permitted Withdrawals with Respect to REO Property. The Seller Servicer shall withdraw REO funds on deposit in the Custodial Account with respect to each related REO Property necessary for the proper operation, management and maintenance of the REO Property, including the cost of maintaining any hazard insurance pursuant to Section 2.11 2.12 and the fees of any managing agent acting on behalf of the SellerServicer. The Seller Servicer shall make monthly distributions on each Remittance Date to the Purchaser Owner of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in Section Sections 2.17 and 2.18 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).