Custodial Agreement definition

Custodial Agreement. An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.

Custodial Agreement. The agreement governing the retention of the originals of each Mortgage Note, Mortgage, Assignment of Mortgage and other Mortgage Loan Documents.

Custodial Agreement. Each custodial agreement attached as Exhibit K hereto, and any custodial agreement subsequently executed by the Trustee substantially in the form thereof.

Examples of Custodial Agreement in a sentence

• The Certificate Administrator may, at its own expense, appoint one or more Custodians to hold all or a portion of the Mortgage Loan File as agent for the Certificate Administrator, by entering into a Custodial Agreement (in the event the Certificate Administrator is not the Custodian) that is consistent in all material respects with this Agreement.

• To the extent that the market value of securities held under the Custodial Agreement is less than the aggregate repurchase price of Bank’s outstanding repurchase transactions under this Agreement and similar agreements between Bank and other customers of Bank, Customer and such other customers of Bank will be unsecured creditors of Bank.

• I am no longer a participant in the plan and have full rights and authority as the Account Owner, including, without limitation, the right to enforce the terms of this Adoption Agreement and the Custodial Agreement.

• I acknowledge that I am responsible for reading and understanding the Custodial Agreement and Disclosure Statement, and that I am responsible for the tax effects and requirements noted therein.

• IRS APPROVAL AS TO FORM This Xxxx XXX Custodial Agreement has been approved by the Internal Revenue Service as to form.

More Definitions of Custodial Agreement

Custodial Agreement. The Custodial Agreement, if any, from time to time in effect between the Custodian named therein, the Seller, the Master Servicer and the Trustee, substantially in the form of Exhibit E hereto, as the same may be amended or modified from time to time in accordance with the terms thereof.

Custodial Agreement. The custodial agreement, if any, from time to time in effect between the Custodian named therein (if other than the Certificate Administrator) and the Certificate Administrator, as the same may be amended or modified from time to time in accordance with the terms thereof. For avoidance of doubt, as of the Closing Date, the Custodian is the Certificate Administrator.

Custodial Agreement in Article I is hereby amended in its entirety to read as follows:

Custodial Agreement. The Custodial Agreement, dated as of April 1, 2005, among the Trustee, the Depositor, the Master Servicer and the Custodian, as amended or supplemented from time to time.

Custodial Agreement means the custodial agreement, dated as of the date hereof, among Seller Parties, Administrative Agent, Buyers and Custodian identified therein, as it may be amended, restated, supplemented or otherwise modified from time to time.

Custodial Agreement. The Custodial Agreement, dated as of February 27, 2006, among the Custodian, the Depositor, the Master Servicer and the Trustee, which agreement is attached hereto as Exhibit E, as the same may be amended or modified from time to time in accordance with the terms thereof.

Custodial Agreement. That certain Custodial Agreement, dated as of September 1, 1999 by and between the Purchaser and U.S. Bank Trust National Association, as amended.