Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to time. The Servicer shall notify the Owner of any such transfer within 15 Business Days of transfer.
Appears in 22 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns ARM Trust 2006-2), Master Interim Servicing Agreement (HarborView 2006-14), Servicing Agreement (SACO I Trust 2007-1)
Transfer of Accounts. The Servicer may may, from time to time, transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to timeDepository. The Servicer shall notify the Owner of any such transfer within 15 ten (10) Business Days of transfer.
Appears in 13 contracts
Samples: Servicing Agreement (Zuni 2006-Oa1), Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-7), Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
Transfer of Accounts. The Servicer may may, from time to time, transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to timeDepository. The Servicer shall notify the Owner of any such transfer within 15 ten (10) Business Days of prior to transfer.
Appears in 6 contracts
Samples: Servicing Agreement (Banc of America Funding Corp), Servicing Agreement (Banc of America Funding 2006-5 Trust), Servicing Agreement (Banc of America Funding 2006-6 Trust)
Transfer of Accounts. The Servicer may from time to time transfer the Custodial Account or and the Escrow Account to a different Qualified an Eligible Depository from time to time. The Institution, provided that the Servicer shall notify the Owner provides written notice of any such transfer within 15 14 Business Days of transferthereafter.
Appears in 5 contracts
Samples: Loan Servicing Agreement (Sequoia Mortgage Trust 2007-4), Loan Servicing Agreement (Sequoia Mortgage Trust 2007-1), Loan Servicing Agreement (Sequoia Mortgage Trust 2007-2)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository depository institution from time to timetime with notice to the Owner; provided that each such account shall be an Eligible Account. The Servicer shall notify the Owner of any such transfer within 15 Within three (3) Business Days of such transfer, the Servicer shall deliver to the Owner a new letter agreement, as required pursuant to Sections 4.04 and 4.06.
Appears in 5 contracts
Samples: Servicing Agreement (Altisource Residential Corp), Servicing Agreement (Altisource Residential Corp), Servicing Agreement (Altisource Residential Corp)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository depository institution from time to timetime with the consent of the Seller provided that such Custodial Account and Escrow Account shall at all times be Eligible Accounts. The Servicer shall notify the Owner Seller in writing of any such transfer within 15 fifteen (15) Business Days of prior to such transfer.
Appears in 3 contracts
Samples: Mortgage Loan Servicing Rights Purchase and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar2), Mortgage Loan Servicing Rights Purchase and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar1), Mortgage Loan Servicing Rights Purchase and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar3)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to time. The Servicer shall notify the Owner in writing of any such transfer within 15 fifteen (15) Business Days of transfer.
Appears in 2 contracts
Samples: Servicing Agreement (MASTR Alternative Loan Trust 2006-3), Servicing Agreement (MASTR Alternative Loan Trust 2007-1)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository Eligible Account from time to time. The ; provided that the Servicer shall notify give notice to the Owner Trustee of any such transfer within 15 proposed change of the location of either Account not later than ten Business Days of transferprior to any change thereof.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (FBR Securitization, Inc.)
Transfer of Accounts. The Servicer may may, from time to time, transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to timeDepository. The Servicer shall notify the Owner of any such transfer within 15 ten (10) Business Days prior to transfer of transfersuch Account or Escrow Account.
Appears in 2 contracts
Samples: Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-A1), Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1)
Transfer of Accounts. The Servicer may transfer the Custodial Account Account(s) or the Escrow Account Account(s) to a different Qualified Depository depository institution from time to timetime so long as each new account is an Eligible Account. The Servicer shall notify the Owner Trustee of any such transfer within 15 fifteen (15) Business Days of transfer.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Gmac Mortgage Loan Trust 1999-J2), Pooling and Servicing Agreement (Gmac Mortgage Loan Trust 1999-J1)
Transfer of Accounts. The Servicer may may, from time to time, transfer the Custodial Collection Account or the Escrow Account to a different Qualified Depository from time to timeDepository. The Servicer shall notify the Owner Trustee of any such transfer within 15 ten (10) Business Days of transfer.
Appears in 2 contracts
Samples: Servicing Agreement (Morgan Stanley Abs Capital I Inc Trust Series 2004-Sd1), Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust, Series 2004-Sd2)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository Eligible Account from time to time. The Servicer shall notify the Owner of any such transfer within 15 fifteen (15) Business Days of transfer.
Appears in 2 contracts
Samples: Servicing Agreement, Ubs Real Estate (MASTR Second Lien Trust 2006-1)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to time. The ; provided that the Servicer shall notify give written notice to the Owner Purchaser of any proposed change of the location of either Account not later than ten calendar days after such transfer within 15 Business Days substantially in the form of transferthe certification attached hereto as Exhibit D-1 or D-2, as applicable.
Appears in 1 contract
Samples: Flow Servicing Agreement (Luminent Mortgage Trust 2006-7)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to timetime with the consent of the Owner. The Servicer shall notify the Owner in writing of any such transfer within 15 fifteen (15) Business Days of prior to such transfer.
Appears in 1 contract
Samples: Servicing Agreement (Deutsche Alt-a Securities Inc)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository depository institution from time to timetime with notice to the Owner; provided that such accounts shall be Eligible Accounts. The Servicer shall notify the Owner of any such transfer within 15 Within three (3) Business Days of such transfer, the Servicer shall deliver to the Owner a new letter agreement, as required pursuant to Sections 5.04 and 5.06. Section 5.10.
Appears in 1 contract
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository depository institution from time to timetime with reasonable prior notice to the Owner; provided, that each such account shall be an Eligible Account. The Servicer shall notify the Owner of any such transfer within 15 Within three (3) Business Days of such transfer, the Servicer shall deliver to the Owner a new letter agreement, as required pursuant to Sections 4.04 and 4.06.
Appears in 1 contract
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to time. The ; provided that the Servicer shall notify give notice to the Owner Purchaser of any such transfer within 15 proposed change of the location of either Account not later than ten (10) Business Days of transferprior to any change thereof.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Asset Backed Funding Corp)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to time. The Servicer shall notify provide 30 days prior notice to the Owner Owner, the Indenture Trustee and the Master Servicer of any such transfer within 15 Business Days of transfer.
Appears in 1 contract
Samples: Certification and Agreement (Encore Credit Receivables Trust 2005-3)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository from time to time. The ; provided that the Servicer shall notify give written notice to the Owner Purchaser of any such transfer within 15 proposed change of the location of either Account not later than ten (10) Business Days of transferprior to any change thereof.
Appears in 1 contract
Samples: Master Bulk Sale and Servicing Agreement (Banc of America Funding Corp)
Transfer of Accounts. The Servicer may may, upon ten (10) days prior notice to the Purchaser, transfer the Custodial Account or the Escrow Account to an Eligible Account at a different Qualified Depository from time to time. The Servicer shall notify the Owner of any such transfer within 15 Business Days of transferdepository institution.
Appears in 1 contract
Samples: Mortgage Loan Sale and Servicing Agreement (Sequoia Mortgage Trust 2011-2)
Transfer of Accounts. The Servicer may transfer the Custodial Account or the Escrow Account to a different Qualified Depository depository institution from time to timetime with notice to the Owner; provided that such accounts shall be Eligible Accounts. The Servicer shall notify the Owner of any such transfer within 15 Within three (3) Business Days of such transfer, the Servicer shall deliver to the Owner a new letter agreement, as required pursuant to Sections 5.04 and 5.06.
Appears in 1 contract
Samples: Interim Servicing and Servicing Rights Purchase Agreement (First NLC Financial Services Inc)
