Common use of Permitted Withdrawals Clause in Contracts

Permitted Withdrawals. The Servicer may, from time to time as provided herein, make withdrawals from the Collection Account of amounts deposited in said account pursuant to Section 3.05 that are attributable to the Contracts for the following purposes:

Appears in 9 contracts

Samples: Servicing Agreement (Origen Residential Securities, Inc.), Servicing Agreement (Origen Manufactured Housing Contract Trust 2004-B), Servicing Agreement (Origen Residential Securities, Inc.)

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Permitted Withdrawals. (a) The Servicer mayshall, from time to time as provided herein, make withdrawals from the Collection Account of amounts deposited in said account pursuant to Section 3.05 5.5 that are attributable to the Contracts for the following purposes:purpose of making any mandatory prepayments in respect of Contracts repurchased by Seller under Section 3.5.

Appears in 1 contract

Samples: Mortgage Sale, Contribution and Servicing Agreement (Palm Harbor Homes Inc /Fl/)

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Permitted Withdrawals. The Servicer may, from time to time as provided herein, make withdrawals from the Collection Account of amounts deposited in said account pursuant to Section 3.05 that are attributable to the Contracts Assets for the following purposes:

Appears in 1 contract

Samples: Servicing Agreement (Origen Residential Securities, Inc.)

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