Common use of Transfer of Accounts Clause in Contracts

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 39 contracts

Samples: Master Mortgage Loan Purchase and Interim Servicing Agreement (Dsla Mortgage Loan Trust 2006-Ar1), Assignment, Assumption and Recognition Agreement (Hsi Asset Securitization Corp), Master Mortgage Loan Purchase and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Ar6)

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Transfer of Accounts. The Seller may may, with Purchaser's approval which shall not be unreasonably withheld, transfer the Custodial Account or the Escrow Account to an Eligible Account at a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accountsinstitution.

Appears in 38 contracts

Samples: Flow Mortgage Loan Purchase and Sale Agreement, Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-8), Mortgage Loan Purchase and Sale Agreement

Transfer of Accounts. The Seller may transfer the a Custodial Account or the an Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the consent providing notice of the transfer to the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 32 contracts

Samples: Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-12), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Ar3), Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)

Transfer of Accounts. The Seller Company may transfer the Custodial Account or the Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall will not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 22 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac5), Pooling and Servicing Agreement (Prime Mortgage Trust 2006-Cl1), Assumption and Recognition Agreement (SACO I Trust 2006-5)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall will not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 16 contracts

Samples: Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-1f), Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), Warranties and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-S1)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to an Eligible Account at a different depository institution from time to timeinstitution. Such transfer shall be made only upon obtaining the consent of providing written notice to the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 11 contracts

Samples: Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-6), Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-4), Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-1)

Transfer of Accounts. The Seller may transfer the related Custodial Account or the related Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 10 contracts

Samples: Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-He1), Assignment, Assumption and Recognition Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-He1), Master Mortgage Loan Purchase and Servicing Agreement (Deutsche Alt-a Securities Inc)

Transfer of Accounts. The Seller may may, with the Purchaser’s approval which shall not be unreasonably withheld, transfer the Custodial Account or the Escrow Account to an Eligible Account at a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accountsinstitution.

Appears in 7 contracts

Samples: Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-3), Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-1), Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2012-6)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution Eligible Institution from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall will not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 7 contracts

Samples: Warranties and Servicing Agreement (STARM Mortgage Loan Trust 2007-S1), Purchase, Warranties and Servicing Agreement (STARM Mortgage Loan Trust 2007-3), Purchase, Warranties and Servicing Agreement (Starm Mortgage Loan Trust 2007-2)

Transfer of Accounts. The Seller may may, with Purchaser's approval which shall not be unreasonably withheld or delayed, transfer the Custodial Account or the Escrow Account to an Eligible Account at a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accountsinstitution.

Appears in 6 contracts

Samples: Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-6), Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-3), Flow Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2012-6)

Transfer of Accounts. The Seller Purchaser may transfer the Custodial Account or the Escrow Account to a different depository institution other than Citibank from time to time. Such ; provided, that if such depository institution is not an affiliate of Purchaser such transfer shall be made only upon obtaining the consent of the PurchaserSeller, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 5 contracts

Samples: Interim Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1), Interim Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Af2), Interim Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such The Seller shall promptly notify the Purchaser that such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheldhas been made. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 4 contracts

Samples: Master Mortgage Loan Purchase and Servicing Agreement (HarborView 2006-11), Reconstituted Servicing Agreement (Zuni 2006-Oa1), Master Mortgage Loan Purchase and Servicing Agreement (HarborView 2006-12)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent con­sent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 3 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2007-A7), Mortgage Loan Purchase and Servicing Agreement (Citicorp Mortgage Securities Trust, Series 2007-6), Mortgage Loan Purchase and Servicing Agreement (Citicorp Mortgage Securities Inc)

Transfer of Accounts. The Seller may transfer the related Custodial Account or the related Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of notice to the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Sd3), Master Mortgage Loan Purchase and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2), Master Mortgage Loan Purchase and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5)

Transfer of Accounts. The Seller Company may transfer the Custodial Account or the Escrow Account to a different depository Qualified Depository institution from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall not be unreasonably withheld. .. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Gsaa Home Equity Trust 2004-5), Pooling and Servicing Agreement (Gs Mortgage Securities Corp Mort Pa Th Ce Se 2002-He), Flow Servicing Agreement (GSAA Home Equity 2005-12)

Transfer of Accounts. The Seller Company may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall will not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 3 contracts

Samples: Purchase and Servicing Agreement (MASTR Alternative Loan Trust 2007-1), Letter Agreement (MASTR Adjustable Rate Mortgages Trust 2007-3), Purchase and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa2)

Transfer of Accounts. The Seller Seller/Servicer may transfer the Custodial Account or the Escrow Account to a different depository institution from time institution, provided such account would continue to timebe an Eligible Account. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which ; such consent shall not be unreasonably withheld. In any case, the Custodial Account withheld and Escrow Account shall be Eligible Accountsevidenced by a certification in the form of Exhibit 4 or 5, as applicable.

Appears in 3 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Thorn Mort Sec Tr 2003-3), Reconstituted Servicing Agreement (Structured Asset Mortgage Investments Inc), Reconstituted Servicing Agreement (Thornburg Mortgage Securities Trust 2005-4)

Transfer of Accounts. The Seller may transfer the a Custodial Account, Buydown Account or the an Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the consent providing notice of the transfer to the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 2 contracts

Samples: Mortgage Loan Sale and Servicing Agreement (GSAA Home Equity Trust 2006-16), Servicing Agreement (GSAA Home Equity Trust 2006-14)

Transfer of Accounts. The Seller Company may transfer the Custodial Account or the Escrow Account to a different depository Qualified Depository institution from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall not be unreasonably withheld. .. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.. Exh. 5-9

Appears in 2 contracts

Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3), Servicing Agreement (GSAA Home Equity Trust 2006-19)

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Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such The Seller shall notify the Purchaser that such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheldhas been made. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 2 contracts

Samples: Master Mortgage Loan Purchase and Servicing Agreement, Master Mortgage Loan Purchase and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2006-Ar1)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to timeinstitution. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which ; such consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2006-1), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2007-1)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent providing notice of such transfer to the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Master Loan Purchase and Servicing Agreement (MASTR Alternative Loan Trust 2007-1)

Transfer of Accounts. The Seller may transfer the a Custodial Account or the an Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts...

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-6)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to timeEligible Account. Such transfer shall be made only upon obtaining the prior written consent of the PurchaserPurchaser or its designee, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Flow Mortgage Loan Interim Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-S1)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution; provided such new account at such depositary institution from time to timeis an Eligible Account. Such transfer to a non-Citigroup affiliate shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall will not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Servicing Agreement (Prime Mortgage Trust 2005-5)

Transfer of Accounts. The Seller Company may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accountsestablished at a Qualified Depository.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Five Oaks Investment Corp.)

Transfer of Accounts. The Seller may transfer the a Custodial Account or the an Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Merrill Lynch Alternative Note Asset Trust, Series 2007-F1

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository institution from time to time. Such transfer shall be made only upon obtaining the consent after delivering written notice of the Purchasertransfer to the Purchaser together with a fully executed original of the Custodial Account Letter Agreement or Escrow Account Letter Agreement, which consent shall not be unreasonably withheldas the case may be. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series MLCC 2006-2)

Transfer of Accounts. The Seller may transfer the a Custodial Account, Buydown Account or the an Escrow Account to a different depository institution Eligible Account from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (HSI Asset Loan Obligation Trust 2006-2)

Transfer of Accounts. The Seller may transfer the Custodial Account or the Escrow Account to a different depository Qualified Depository institution from time to time. Such transfer shall be made only upon obtaining the prior written consent of the Purchaser, which consent shall not be unreasonably withheld. In any case, the Custodial Account and Escrow Account shall be an Eligible AccountsAccount.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)

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