Special Deposit Account. An account which the Owner and the Servicer agree shall be a special deposit account for the benefit of the Owner under applicable law.
Appears in 9 contracts
Samples: Flow Servicing Agreement (PennyMac Mortgage Investment Trust), Flow Servicing Agreement, Flow Servicing Agreement (PennyMac Mortgage Investment Trust)
Special Deposit Account. An account which the Owner and the Servicer agree shall be a special deposit account for the benefit of the related Owner under applicable law.
Appears in 4 contracts
Samples: Servicing Agreement (GSR 2006-5f), Servicing Agreement (GSR 2006-4f), Servicing Agreement (GSR Mortgage Loan Trust 2006-3f)
Special Deposit Account. An account which the Owner and the Servicer agree shall be a special deposit account for the benefit of the Owner under applicable lawApplicable Law.
Appears in 3 contracts
Samples: Flow Servicing Agreement (PennyMac Mortgage Investment Trust), Flow Servicing Agreement (PennyMac Financial Services, Inc.), Flow Servicing Agreement (PennyMac Financial Services, Inc.)