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) HLSS 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 it, the status of such Receivable, including payments and recoveries made and payments owing.

Appears in 4 contracts

Samples: Receivables Sale Agreement (New Residential Investment Corp.), Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.), Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

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Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) A. HLSS 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 it, the status of such Receivable, including payments and recoveries made and payments owing.

Appears in 1 contract

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

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Protection of Indenture Trustee’s Security Interest in Trust Estate. (a) HLSS 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 it, 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 Sale Agreement (New Residential Investment Corp.)

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