Common use of Transfer of Certificate Account Clause in Contracts

Transfer of Certificate Account. The Trustee may transfer the Certificate Account to a different depository institution from time to time, so long as the Certificate Account remains an Eligible Account. The Trustee shall give notice of any transfer of the Certificate Account to each Rating Agency prior to such transfer.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Bank of America FSB/Ca)

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Transfer of Certificate Account. The Trustee may transfer the Certificate Account to a different depository institution from time to time, so long as each of the Certificate Account remains an Eligible Account. The Trustee shall give notice of any transfer of the Certificate Account to each Rating Agency prior to such transfer.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp), Pooling and Servicing Agreement (Greenpoint Financial Corp), Pooling and Servicing Agreement (Greenpoint Financial Corp)

Transfer of Certificate Account. The Trustee may transfer the Certificate Account to a different depository institution from time to time, so long as the Certificate Account remains an Eligible Account. The Trustee shall give notice of any transfer of the Certificate Account to each Rating Agency and the Insurer prior to such transfer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Credit LLC)

Transfer of Certificate Account. The Trustee may transfer the Certificate Account to a different depository institution from time to time, so long as the such Certificate Account remains an Eligible Account. The Trustee shall give notice of any transfer of a Certificate Account to the Certificate Account Insurer and to each Rating Agency prior to such transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Ast BCK Sec Inc Madison Ave Trust 2002-A)

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Transfer of Certificate Account. The Trustee may transfer the Certificate Account to a different depository institution from time to time, so long as the Certificate Account remains an Eligible Account. The Trustee shall give notice of any transfer of to the Certificate Account other parties hereto and to each Rating Agency prior to such transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Abs Inc)

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