Common use of Related Escrow Account Balances Clause in Contracts

Related Escrow Account Balances. Within three (3) Business Days after the Transfer Date Seller shall: (a) Provide Purchaser by wire transfer of immediately available federal funds the net escrow (net of Seller's unreimbursed advances and suspense balances, all hazard and flood insurance loss draft balances, any buydown balances and any unapplied funds associated with the Mortgage Loans; and (b) Provide Purchaser with an accounting statement sufficient to enable Purchaser to reconcile the balances referred to in Section 7.11(a) above with the accounts of the Mortgage Loans.

Appears in 5 contracts

Samples: Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Af2), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Investors Trust, Series 2006-A2)

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