Common use of Takeout Payments Clause in Contracts

Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitment, Seller shall arrange that all payments under the related takeout commitment shall be paid directly to the Buyer or to an account approved by the Buyer in writing prior to such payment. (bb)

Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitment, Seller shall arrange that all payments under the related takeout commitment shall be paid directly to the Buyer or to an account approved by the Buyer in writing prior to such payment. (bb).

Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitmentTakeout Commitment, the Seller shall arrange that all payments under the related takeout commitment Takeout Commitment shall be paid directly to the Buyer or the Custodian, to the account specified in the Joint Account Control Agreement or the Joint Securities Account Control Agreement, or to an account approved by the Buyer in writing prior to such payment. (bb).

Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitmentTakeout Commitment, the Seller shall arrange that all payments under the related takeout commitment Takeout Commitment shall be paid directly to the Buyer at the account set forth in Section 9 hereof, or to an account approved by the Buyer in writing prior to such payment. (bb).

Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitmentTakeout Commitment, Seller the Sellers shall arrange that all payments under the related takeout commitment Takeout Commitment shall be paid directly to the Buyer at the account set forth in Section 9 hereof, or to an account approved by the Buyer in writing prior to such payment. (bb).