Common use of Transfer of Accounts Clause in Contracts

Transfer of Accounts. The Servicer may transfer the Collection Account or Escrow Account to an Eligible Account maintained with a different depository institution from time to time.

Appears in 74 contracts

Samples: Pooling and Servicing Agreement (Chase Mortgage Finance Corp), Pooling and Servicing Agreement (Chase Mortgage Finance Corp), Pooling and Servicing Agreement (Chase Mortgage Finance Corp)

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Transfer of Accounts. The Servicer may transfer the Collection Account or the Escrow Account to an Eligible Account maintained with a different depository institution from time to time. Upon such transfer, the Servicer shall deliver to the Trustee and the Depositor, a certification or letter agreement, as the case may be, as required pursuant to Sections 3.04 and 3.06.

Appears in 35 contracts

Samples: Pooling and Servicing Agreement (C-Bass 2007-Cb5 Trust), Distribution Instructions (C-Bass Mortgage Loan Trust 2007-Cb3), Pooling and Servicing Agreement (C-Bass Mortgage Loan Asset-Backed Certificates, Series 2005-Cb6)

Transfer of Accounts. The Servicer may transfer the Collection Account or Escrow Account to an Eligible Account maintained with a different depository institution from time to timetime and shall notify the Trustee and the Paying Agent of any such transfer.

Appears in 22 contracts

Samples: Pooling and Servicing Agreement (Chase Mortgage Finance Trust Series 2007-S6), Pooling and Servicing Agreement (Chase Mortgage Finance Trust Series 2007-A2), Pooling and Servicing Agreement (Chase Mortgage Finance Trust Series 2007-S5)

Transfer of Accounts. The Each Servicer may transfer the Collection Account Accounts or Escrow Account Accounts to an Eligible Account maintained with a different depository institution from time to time.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Chase Mortgage Finance Corp), Pooling and Servicing Agreement (Chase Mortgage Finance Corp), Pooling and Servicing Agreement (Chase Mortgage Finance Corp)

Transfer of Accounts. The Servicer may from time to time transfer the Collection Account or the Escrow Account to an Eligible Account maintained with a different depository institution from time to timeinstitution, provided that each such account shall be and remain an Eligible Account.

Appears in 3 contracts

Samples: Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a), Servicing Agreement (Structured Asset Securities Corp), Servicing Agreement (Structured Asset Securities Corp)

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Transfer of Accounts. The Servicer may transfer the Collection Account or Escrow Account Accounts to an Eligible Account maintained with a different depository institution from time to time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chase Mortgage Finance Corp)

Transfer of Accounts. The Servicer may transfer the Collection Account or Escrow Account to an Eligible Account maintained with a different depository institution may, from time to time, transfer the Account or the Escrow Account to a different Qualified Depository. The Servicer shall notify the Owner of any such transfer concurrently with the transfer.

Appears in 1 contract

Samples: Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-A1)

Transfer of Accounts. The Servicer may transfer the Collection Servicing Account or the Escrow Account to an Eligible Account maintained with a different depository institution from time to time. The Servicer shall promptly notify the Purchaser and the Guarantor of any proposed transfer. In any case, the Servicing Account and Escrow Account shall be Eligible Accounts.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Harborview Mortgage Loan Trust 2006-Cb1)

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