Pursuant to the Custodial Agreement the Custodian shall hold the Mortgage Loan Documents as exclusive bailee and agent for the Lender pursuant to the terms of the Custodial Agreement and shall deliver to the Lender Trust Receipts with Exception Reports (as such terms are defined in the Custodial Agreement) to the effect that it has reviewed such Mortgage Loan Documents in the manner required by the Custodial Agreement and identifying any deficiencies in such Mortgage Loan Documents as so reviewed.
Pursuant to the Custodial Agreement the Custodian shall deliver to Agent and Borrower, no later than 11:00 a.m., New York City time, on a Funding Date, a Trust Receipt (as defined in the Custodial Agreement) in respect of all Mortgage Loans and all Eligible Securities pledged to Agent, for the benefit of Lender, on such Funding Date, and a Mortgage Loan Schedule and Exception Report.
Pursuant to the Custodial Agreement the Custodian shall deliver to the Buyer and the Seller by 1:00 p.m. on the Purchase Date for each Non-Table Funded Purchased Asset a Trust Receipt (along with a completed Mortgage Asset File Checklist attached thereto) and an Asset Schedule and Exception Report with respect to the Eligible Assets that the Seller has requested the Buyer purchase on such Purchase Date. With respect to each Table Funded Purchased Asset, the Seller shall cause the Bailee to deliver to the Custodian, with a copy to the Buyer, no later than 1:00 p.m. on the Purchase Date, by Electronic Transmission, copies of the related Basic Mortgage Asset Documents, a fully executed Bailee Agreement, a Bailee's Trust Receipt issued by the Bailee thereunder and such other evidence satisfactory to the Buyer in its reasonable discretion that all documents necessary to effect a transfer of the Eligible Assets to the Buyer have been delivered to Bailee. With respect to each Table Funded Purchased Asset, the Custodian shall deliver to the Buyer with a copy to the Seller a Table Funded Trust Receipt no later than 3:00 p.m. on the Purchase Date, which receipt and all other documents delivered to the Bailee shall be acceptable to the Buyer in its reasonable discretion. In the case of a Table Funded Purchased Asset, no later than 3:00 p.m. on the second (2nd) Business Day following the Custodian's receipt of the related Mortgage Loan Documents comprising the Mortgage Asset File, the Custodian shall deliver to the Buyer a Trust Receipt (along with a completed Mortgage Asset File Checklist attached thereto) certifying its receipt of the documents required to be delivered pursuant to the Custodial Agreement, together with an Asset Schedule and Exception Report relating to the Basic Mortgage Asset Documents, with any Exceptions identified by the Custodian as of the date and time of delivery of such Asset Schedule and Exception Report. The Custodian shall deliver to the Buyer an Asset Schedule and Exception Report relating to all of the Mortgage Loan Documents within five (5) Business Days of its receipt of the Mortgage Asset Files.
Pursuant to the Custodial Agreement. Custodian shall hold the Collateral Documents as exclusive bailee and agent for Lender pursuant to terms of the Custodial Agreement and shall deliver to Lender Trust Receipts each to the effect that it has reviewed such Collateral Documents in the manner and to the extent required by the Custodial Agreement and identifying any deficiencies in such Collateral Documents as so reviewed.
Pursuant to the Custodial Agreement the Custodian shall deliver to the Lender and the Borrower no later than 3:00 p.m., New York City time, on the Funding Date a Trust Receipt and a Mortgage Loan Schedule and Exception Report (each as defined in the Custodial Agreement) in respect of all Mortgage Loans (except Wet-Ink Mortgage Loans) pledged to the Lender on such Funding Date and a Mortgage Loan Schedule and Exception Report (as so defined) covering all Wet-Ink Mortgage Loans so pledged. Subject to Section 5 hereof, such borrowing will then be made available to the Borrower by the Lender transferring, via wire transfer, to the following account of the Borrower: Norwest Bank, for the A/C of 3974027117, ABA# 000000000, Attn: Warehouse Funding, prior to the close of business on such Funding Date, the aggregate amount of such borrowing in funds immediately available to the Borrower.
Pursuant to the Custodial Agreement the Custodian shall deliver to the Seller and the Administrative Agent, no later than 5:00 p.m., New York City time, one Business Day prior to the proposed date of such Purchase, a trust receipt, in the form attached as Annex 2 to the Custodial Agreement in respect of all Receivables purchased by the Purchaser on such Funding Date.
Pursuant to the Custodial Agreement the Custodian shall deliver to the Lender and the Borrower, no later than 1:00 p.m. New York City time on a Funding Date, a Trust Receipt (as defined in the Custodial Agreement) in respect of all Mortgage Loans pledged to the Lender on such Funding Date, and a Mortgage Loan Schedule and Exception Report. The Borrower acknowledges that Mortgage Loans listed in the Exception Report are not Eligible Mortgage Loans and the Lender is not required to advance funds in respect of such Mortgage Loans and such Mortgage Loans listed in the Exception Report shall not be subject to the Lien of this Loan Agreement.
Pursuant to the Custodial Agreement the Custodian shall deliver to the Lender and the Borrower, no later than 3:00 p.m., New York City time, on a Funding Date, a Trust Receipt in respect of all Mortgage Loans pledged to the Lender on such Funding Date and an Exception Report in respect of all Mortgage Loans so pledged to the Lender. Subject to Section 5 hereof, such Advance will then be made available to the Borrower by the Lender transferring, via wire transfer (pursuant to wire transfer instructions provided by the Borrower on or prior to such Funding Date) the aggregate amount of such Advance in immediately available funds.
Pursuant to the Custodial Agreement the Custodian shall deliver to the Lender and the Borrower, no later than 11:00 a.m. on a Funding Date, a Trust Receipt (as defined in the Custodial Agreement) in respect of all Mortgage Loans pledged to the Lender on such Funding Date, and a Mortgage Loan Schedule and Exception Report. Subject to Section 5 hereof, such borrowing will then be made available to the Borrower by the Lender transferring,
Pursuant to the Custodial Agreement the Custodian shall hold the Contract Delivery Documents as exclusive bailee and agent for the Lender pursuant to the terms of the Custodial Agreement and shall deliver to the Lender the deliveries required under the Custodial Agreement, confirming that it has reviewed such Contract Delivery Documents in the manner required by the Custodial Agreement and identifying any deficiencies in such Contract Delivery Documents as so reviewed.
