Trustee’s Directions. Notwithstanding anything to the contrary and for the avoidance of doubt, if at any time the Bank shall receive any instructions originated by the Trustee directing the disposition of funds in each Deposit Account, the Bank shall comply with such instructions without further consent by any other Person. The parties hereto acknowledge that the Administrator may give instructions to the Bank directing the disposition of funds in each Deposit Account pursuant to the Pooling and Servicing Agreement. In the event of a conflict between the instructions originated by the Trustee and the instructions originated by the Administrator directing the disposition of funds in each Deposit Account, the instructions of the Trustee shall prevail.
Appears in 5 contracts
Samples: Control Agreement, Deposit Account Control Agreement (HSBC Home Equity Loan Trust (USA) 2007-3), Deposit Account Control Agreement (HSBC Home Equity Loan Trust (USA) 2006-4)