Custodial Account Control Agreement definition

Custodial Account Control Agreement. The agreement among Seller, Guarantor, Buyer and the Account Bank, to perfect Buyer’s security interest in the Custodial Account, in form and substance acceptable to Buyer in its sole discretion, as the same may be amended from time to time.

Custodial Account Control Agreement means the Account Control Agreement dated as of the date hereof by and among the Reinsurer, the Ceding Company and the Custodial Bank, substantially in the form of Exhibit I hereof.

Custodial Account Control Agreement means that certain account control agreement among Administrative Agent, the Bank and the other parties thereto, providing for the Administrative Agent’s control over the related Custodial Account.

Examples of Custodial Account Control Agreement in a sentence

• So long as permitted by the Current Spread Custodial Account Control Agreement, Seller may direct the disposition of funds in the Third Party Controlled Current Spread Custodial Account strictly in accordance with the Priority of Payments.

• The Third Party Controlled Current Spread Custodial Account will be established pursuant to the Current Spread Custodial Account Control Agreement with respect to which Purchaser is an Entitlement Holder with Control.

• The Future Spread Custodial Account Agreement, the Future Spread Custodial Account Control Agreement, the Future Spread Reserve Account Agreement, the Future Spread Reserve Account Control Agreement, the Current Spread Agreement and this Agreement.

• The Third Party Controlled Future Spread Custodial Account will be established pursuant to the Future Spread Custodial Account Control Agreement with respect to which Purchaser is an Entitlement Holder with Control.

• So long as permitted by the Future Spread Custodial Account Control Agreement, Seller may direct the disposition of funds in the Third Party Controlled Future Spread Custodial Account strictly in accordance with the Priority of Payments.

• The account specified in the Current Spread Custodial Account Control Agreement and maintained by Xxxxx Fargo Bank, National Association or another third party custodian or trustee selected by Purchaser, into which all Servicing Spread Collections and all Servicing Agreement termination payments in respect of the Mortgage Loans shall be deposited.

• The account specified in the Future Spread Custodial Account Control Agreement and maintained by Xxxxx Fargo Bank, National Association, or any successor thereto, or another third party custodian or trustee selected by Purchaser, into which all Servicing Spread Collections, all Sales Proceeds and all Servicing Agreement termination payments in respect of the Mortgage Loans shall be deposited.

• The Asset Purchase Agreement (including any order, xxxx of sale, assignment agreement or other transfer agreement related to the sale of the Mortgage Servicing Rights thereunder), the Tri-Party Agreement, the Owner Consent, the Current Spread Custodial Account Agreement, the Current Spread Custodial Account Control Agreement, the Current Spread Reserve Account Agreement, the Current Spread Reserve Account Control Agreement, the Sale Agreements and the Future Spread Agreements.

• The Purchase and Sale Agreement (including any order, xxxx of sale, assignment agreement or other transfer agreement related to the sale of the Mortgage Servicing Rights thereunder), the Owner Consents, the Current Spread Custodial Account Agreement, the Current Spread Custodial Account Control Agreement, the Current Spread Reserve Account Agreement, the Current Spread Reserve Account Control Agreement, the Sale Agreements and the Future Spread Agreements.

• Prior to the funding of any Transactions, the subject of which are Early Buyout Loans, Seller shall deliver to Administrative Agent a Custodial Account Control Agreement, duly executed by the parties thereto and in form and substance satisfactory to Administrative Agent.

More Definitions of Custodial Account Control Agreement

Custodial Account Control Agreement. The collection account control agreement among the Sellers, the Purchasers and the Control Bank dated as of [___], 2006.

Custodial Account Control Agreement means the Custodial Account Control Agreement, dated of even date herewith, among Seller, Purchaser and Bank entered into in connection with this Agreement, as amended, supplemented or otherwise modified from time to time. “Custodial Agreement” means that certain Custodial and Disbursement Agreement, dated as of August 25, 2020, among Seller, Purchaser, Agent, Disbursement Agent and Custodian, entered into in connection with this Agreement and the Master Repurchase Agreement, as the same may be amended, modified or supplemented from time to time. “Custodian” means Deutsche Bank National Trust Company, and its successors and permitted assigns, or such other entity as mutually agreed upon by Agent and Seller.15 14 The definition of “Compounded SOFR” was deleted by Amendment No. 2, dated as of April 28, 2022. 15 The definition of “Daily Compounded SOFR” was amended by Amendment No. 1, dated as of September 24, 2021, and deleted by Amendment No. 2, dated as of April 28, 2022.

Custodial Account Control Agreement. The account control agreement among Seller, Purchaser and Xxxxx Fargo Bank, National Association, as Bank, dated as of December 8, 2011, entered into with respect to the Third Party Controlled Custodial Account, as amended, restated, supplemented or otherwise modified from time to time.

Custodial Account Control Agreement means that certain Deposit Account Control Agreement, dated as of January 31, 2018, among Administrative Agent, Seller and Western Alliance Bank, as the same may be amended, restated, supplemented or otherwise modified from time to time.