Common use of Pool Activity Records Clause in Contracts

Pool Activity Records. As to each Trust, the Master Servicer or, if required by the Servicing Contract, the Direct Servicer will keep the records necessary to account for activity on the related Pool, including records of the Pool Proceeds, distributions to Holders, assumptions or transfers, Prepayments (including purchases from a Trust) and substitutions of Mortgage Loans. In the case of a discrepancy, the records of the Master Servicer will control.

Appears in 3 contracts

Samples: Second Amended and Restated 2007 Single Family Master Trust Agreement, Single Family Master Trust Agreement, 2009 Single Family Master Trust Agreement

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Pool Activity Records. As to each Trust, the Master Servicer or, if required by the Servicing Contract, the Direct Primary Servicer will keep the records necessary to account for activity on the related Pool, including records of the Pool Proceeds, distributions to Holders, assumptions or transfers, Prepayments (including purchases from a Trust) and substitutions of Mortgage Loans. In the case of a discrepancy, the records of the Master Servicer will control.control.β€Œ

Appears in 2 contracts

Samples: 2007 Multifamily Master Trust Agreement, 2009 Multifamily Master Trust Agreement

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