Common use of Servicer as Agent Clause in Contracts

Servicer as Agent. In order to facilitate the servicing of the Mortgage Loans by the Servicer of such Mortgage Loans, the Servicer of the Mortgage Loans has been appointed by the Issuer to retain, in accordance with the provisions of the Servicing Agreement and this Indenture, all Remittable Funds on such Mortgage Loans prior to their deposit into the Note Account on or prior to the related Deposit Date.

Appears in 7 contracts

Samples: Indenture (Wachovia Mortgage Loan Trust, LLC), Indenture (Wachovia Mortgage Loan Trust, LLC), Indenture (Wachovia Asset Funding Trust, LLC)

AutoNDA by SimpleDocs

Servicer as Agent. In order to facilitate the servicing of the Mortgage Loans by the Servicer of such Mortgage Loans, the Servicer of the Mortgage Loans has been appointed by the Issuer to retain, in accordance with the provisions of the Servicing Agreement and this Indenture, all Remittable Funds on such Mortgage Loans prior to their deposit into the Note Bond Account on or prior to the related Deposit Date.

Appears in 3 contracts

Samples: Indenture (Fund America Investors Corp Ii), Indenture (Fund America Investors Corp Ii), Indenture (Fund America Investors Corp Ii)

Servicer as Agent. In order to facilitate the servicing of the Mortgage Loans by the Servicer of such Mortgage LoansServicer, the Servicer of the Mortgage Loans has been appointed by the Issuer to retain, in accordance with the provisions of the Servicing Agreement and this Indenture, all Remittable Funds on such Mortgage Loans prior to their deposit into the Note Account on or prior to the related Deposit Servicer Remittance Date.

Appears in 3 contracts

Samples: Indenture (Residential Asset Funding Corp), Indenture (Residential Asset Funding Corp), Indenture (Residential Asset Funding Corp)

AutoNDA by SimpleDocs

Servicer as Agent. In order to facilitate the servicing of the Mortgage Loans by the Servicer of such Mortgage Loans, the Servicer of the Mortgage Loans has been appointed by the Issuer to retain, in accordance with the provisions of the Servicing Agreement and this Indenture, all Remittable Funds on such Mortgage Loans prior to their deposit into the related Note Account on or prior to the related Deposit Date.

Appears in 2 contracts

Samples: Indenture (Residential Asset Funding Corp), Indenture (Prudential Securities Secured Financing Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!