Common use of Protection of Accounts Clause in Contracts

Protection of Accounts. The Company may transfer the Custodial Account, Subsidy Account or the Escrow Account to a different Qualified Depository from time to time, provided that the Company shall give notice to the Purchaser within ten (10) Business Days of such transfer.

Appears in 13 contracts

Samples: Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1), Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-2), Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A3)

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Protection of Accounts. The Company may transfer the Custodial Account, Subsidy Account or the Escrow Account to a different Qualified Depository from time to time, provided that the Company shall give notice to the Purchaser within of any proposed change of the location of either account not later than ten (10) Business Days of such transferprior to any change thereof.

Appears in 10 contracts

Samples: Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-1f), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-3f)

Protection of Accounts. The Company may transfer the Custodial Account, Subsidy Account or the Escrow Account to a different Qualified Depository from time to time, provided that the Company shall give notice to the Purchaser within of any proposed change of the location of either Account not later than ten (10) Business Days of such transferprior to any change thereof.

Appears in 9 contracts

Samples: Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), Master Seller’s Warranties and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-1), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-3f)

Protection of Accounts. The Company may transfer the Custodial Account, the Subsidy Account or the Escrow Account to a different Qualified Depository from time to time, provided that the Company shall give notice to the Purchaser within ten (10) Business Days of such transfer.

Appears in 7 contracts

Samples: Seller's Warranties and Servicing Agreement (STARM Mortgage Loan Trust 2007-3), Seller's Warranties and Servicing Agreement (MASTR Asset Securitization Trust 2006-2), Seller's Warranties and Servicing Agreement (MASTR Alternative Loan Trust 2007-1)

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Protection of Accounts. The Company may transfer the Custodial Account, Subsidy Account or the Escrow Account to a different Qualified Depository from time to time, provided that the Company shall give notice to the Purchaser within of any proposed change of the location of either Account not later than ten (10) Business Days of such transferdays prior to any change thereof.

Appears in 6 contracts

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26), Servicing Agreement (Structured Asset Securities Corp Trust 2005-6), Servicing Agreement (Structured Asset Securities Corp. 2005-14)

Protection of Accounts. The Company may transfer the Custodial Account, Subsidy Account or the Escrow Account to a different Qualified Depository from time to time, provided that the Company shall give time upon written notice to the Purchaser within not less than ten (10) Business Days days prior to the transfer of such transferfunds.

Appears in 1 contract

Samples: Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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