Common use of Protection of Indenture Trustee’s Security Interest in Trust Estate Clause in Contracts

Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) The Depositor shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time following reasonable prior notice delivered to the Depositor, the status of such Receivable, including payments and recoveries made and payments owing. The Schedule of Receivables has been delivered to the Indenture Trustee and shall remain in its possession or control.

Appears in 12 contracts

Samples: Receivables Pooling Agreement (DITECH HOLDING Corp), Receivables Pooling Agreement (DITECH HOLDING Corp), Receivables Pooling Agreement (Walter Investment Management Corp)

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Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) The Depositor shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time following reasonable prior notice delivered to the Depositor, the status of such Receivable, including payments and recoveries made and payments owing. The Schedule of Receivables has been delivered to the Indenture Trustee and shall remain in its possession or control.

Appears in 6 contracts

Samples: Receivables Pooling Agreement (PennyMac Mortgage Investment Trust), Receivables Pooling Agreement (New Residential Investment Corp.), Receivables Pooling Agreement (Home Loan Servicing Solutions, Ltd.)

Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) The Depositor Advance Purchaser shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time following reasonable prior notice delivered to the Depositorit, the status of such Receivable, including payments and recoveries made and payments owing. The Schedule of Receivables has been delivered to the Indenture Trustee and shall remain in its possession or control.

Appears in 3 contracts

Samples: Receivables Sale Agreement (New Residential Investment Corp.), Receivables Sale Agreement (Nationstar Mortgage Holdings Inc.), Receivables Sale Agreement (New Residential Investment Corp.)

Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) The Depositor Ditech shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time following reasonable prior notice delivered to the Depositorit, the status of such Receivable, including payments and recoveries made and payments owing. The Schedule of Receivables has been delivered to the Indenture Trustee and shall remain in its possession or control.

Appears in 3 contracts

Samples: Receivables Sale Agreement (DITECH HOLDING Corp), Receivables Sale Agreement (DITECH HOLDING Corp), Receivables Sale Agreement (Walter Investment Management Corp)

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Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) A. The Depositor shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time following reasonable prior notice delivered to the Depositor, the status of such Receivable, including payments and recoveries made and payments owing. The Schedule of Receivables has been delivered to the Indenture Trustee and shall remain in its possession or control.

Appears in 1 contract

Samples: Receivables Pooling Agreement (Home Loan Servicing Solutions, Ltd.)

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