Common use of Transfer of Accounts Clause in Contracts

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any and the Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any . Upon such transfer, the Servicer shall give written notice thereof deliver to the Purchaser. Notwithstanding anything to the contrary contained hereinTrustee, the Collection Account NIMS Insurer and each Escrow Account shall at all times constitute Eligible Accountsthe Depositor, a certification or letter agreement, as the case may be, as required pursuant to Sections 3.04 and 3.06.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 or Section 5.06, as applicable, have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any the Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any . Upon such transfer, the Servicer shall give written notice thereof deliver to the Purchaser. Notwithstanding anything Securities Administrator (and the Securities Administrator shall provide to the contrary contained hereinDepositor and the Trustee), a certification or letter agreement, as the Collection Account case may be, as required pursuant to Sections 3.04 and each Escrow Account shall at all times constitute Eligible Accounts3.06.

Transfer of Accounts. The Servicer may transfer the Collection Account, the Buydown Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided time that (i) no such transfer shall be made unless all certifications or meets the Eligible Account requirements. Servicer will prepare and forward a letter agreements required under agreement in accordance with Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any Section 5.06 notifying Purchaser of such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any the Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any . Upon such transfer, the Servicer shall give written notice thereof deliver to the Purchaser. Notwithstanding anything Trustee and the Depositor a certification or letter agreement, as the case may be, as required pursuant to the contrary contained herein, the Collection Account Sections 2.04 and each Escrow Account shall at all times constitute Eligible Accounts2.06.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon prior to any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any the Escrow Account to a different depository institution from time to time; provided that (i) no such . Such transfer shall be made unless all certifications only upon obtaining the consent of the Initial Noteholder, which consent shall not be unreasonably withheld or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon delayed. In any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained hereincase, the Collection Account and each the Escrow Account shall at all times constitute be an Eligible AccountsAccount.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give 30 days prior written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any the Escrow Account to a different depository institution from time to time; provided that (i) no time upon obtaining the prior written consent of the Depositor, such transfer shall consent not to be made unless all certifications or letter agreements required under Section 5.04 have been executed unreasonably withheld and delivered by with prior notice to the parties thereto; and (ii) concurrently upon any Trustee. Upon such transfer, the Servicer shall give written notice thereof deliver to the Purchaser. Notwithstanding anything Trustee and the Depositor a certification or letter agreement, as the case may be, as required pursuant to the contrary contained herein, the Collection Account Sections 2.04 and each Escrow Account shall at all times constitute Eligible Accounts2.06.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give written notice thereof to the PurchaserPurchaser no later than ten (10) Business Days prior to any such transfer. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any the Escrow Account to a different depository institution from time to time; provided that (i) no such . Such transfer shall be made unless all certifications only upon obtaining the consent of the Noteholder Agent, which consent shall not be unreasonably withheld or letter agreements required under Section 5.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon delayed. In any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained hereincase, the Collection Account and each the Escrow Account shall at all times constitute be an Eligible AccountsAccount.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section 5.04 4.04 have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give written notice thereof to the PurchaserOwner. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute Eligible Accounts.

Transfer of Accounts. The Servicer may transfer the Collection Account or any Escrow Account to a different depository institution from time to time; provided that (i) no such transfer shall be made unless all certifications or letter agreements required under Section Sections 5.04 and 5.06 have been executed and delivered by the parties thereto; and (ii) concurrently upon any such transfer, the Servicer shall give written notice thereof to the Purchaser. Notwithstanding anything to the contrary contained herein, the Collection Account and each Escrow Account shall at all times constitute an Eligible AccountsAccount.