Master Servicer Custodial Account definition

Master Servicer Custodial Account. The Eligible Account created and maintained by the Master Servicer pursuant to Section 3.09 in the name of the Master Servicer for the benefit of the Certificateholders and designated "CitiMortgage, Inc., as Master Servicer, in trust for the registered holders of Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series 2006-6."
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Master Servicer Custodial Account. The account or accounts created and maintained by the Master Servicer pursuant to Section 3.09(b) which must be an Eligible Account.
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Master Servicer Custodial Account. The account described in Section 3.01 hereof.
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Examples of Master Servicer Custodial Account in a sentence

  • Respondent did not file the Facebook posts with the Administrator concurrently 17 with their distribution to shareholders.

  • As compensation for its services hereunder, the Master Servicer shall be entitled to the Master Servicer Custodial Account Reinvestment Income.

  • There is an emerging trend among the codes of conduct analyzed that for those firms with an EMS, the system should at least allow the firm to incorporate environmental matters into its business decisions.

  • The Master Servicer shall reconcile the results of its Mortgage Loan monitoring with the actual remittances of the Servicers to the Master Servicer Custodial Account pursuant to the applicable Servicing Agreements.


More Definitions of Master Servicer Custodial Account

Master Servicer Custodial Account. The Eligible Account created and maintained by the Master Servicer pursuant to Section 3.09 in the name of the Master Servicer for the benefit of the Certificateholders and designated "Wells Fargo Bank, N.A., as Master Servicer, in trust for the registerex xxxders of Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series 2006-1."
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Master Servicer Custodial Account. The account described in Section 3.01 hereof. Subject to the provisions of the Pooling and Master Servicing Agreement, the owner of the Master Servicer Custodial Account is the Master Servicer. To the extent provided in the REMIC Provisions or proposed, temporary, or final Treasury regulations, any amounts transferred to the Master Servicer Custodial Account shall be treated as amounts distributed by the REMIC or Pooling REMIC to the Master Servicer. The Master Servicer Custodial Account shall not be considered an asset of the Trust or any REMIC.
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Master Servicer Custodial Account. The account or accounts created and maintained by the Master Servicer pursuant to Section 3.07, which shall be entitled "Master Servicer Custodial Account, Wells Fargo Bank, N.A., as Master Servicer under the Pooling and Servicxxx Xgreement dated as of March 1, 2005 among Asset Backed Funding Corporation, as Depositor, Wells Fargo Bank, N.A., as Securities Administrator and Master Servicer, xxx JPMorgan Chase Bank, National Association, as Trustee, in trust for registered Holders of ABFC 2005-HE1 Trust, ABFC Asset-Backed Certificates, Series 2005-HE1," and which must be an Eligible Account.
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Master Servicer Custodial Account. The account or accounts created and maintained by the Master Servicer pursuant to Section 3.06(b), which shall be entitled “Master Servicer Custodial Account, Xxxxx Fargo Bank, N.A., as Master Servicer, in trust for registered Holders of American General Mortgage Loan Trust 2009-1, Mortgage Pass-Through Certificates, Series 2009-1,” and which must be an Eligible Account. The Master Servicer Custodial Account shall be deemed to be a sub-account of the Distribution Account.
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Master Servicer Custodial Account. Either of the WF Master Servicer Custodial Account or the WMMSC Master Servicer Custodial Account.
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Master Servicer Custodial Account. The separate trust account or accounts created and maintained by the Master Servicer pursuant to the Xxxxxx Mae Servicing Guide which shall be entitled "Xxxxx Fargo Bank, N.A., as Master Servicer for HSBC Bank USA, National Association, as Trustee, in trust for the registered holders for Xxxxxxx Xxxxx Mortgage Investors Trust Series MLCC 2006-2 Mortgage Pass-Through Certificates." The Master Servicer Custodial Account shall be an Eligible Account.
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Related to Master Servicer Custodial Account

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Master Servicer Certification A written certification covering servicing of the Mortgage Loans by all Servicers and signed by an officer of the Master Servicer that complies with (i) the Xxxxxxxx-Xxxxx Act of 2002, as amended from time to time, and (ii) the February 21, 2003 Statement by the Staff of the Division of Corporation Finance of the Securities and Exchange Commission Regarding Compliance by Asset-Backed Issuers with Exchange Act Rules 13a-14 and 15d-14, as in effect from time to time; provided that if, after the Closing Date (a) the Xxxxxxxx-Xxxxx Act of 2002 is amended, (b) the Statement referred to in clause (ii) is modified or superceded by any subsequent statement, rule or regulation of the Securities and Exchange Commission or any statement of a division thereof, or (c) any future releases, rules and regulations are published by the Securities and Exchange Commission from time to time pursuant to the Xxxxxxxx-Xxxxx Act of 2002, which in any such case affects the form or substance of the required certification and results in the required certification being, in the reasonable judgment of the Master Servicer, materially more onerous than the form of the required certification as of the Closing Date, the Master Servicer Certification shall be as agreed to by the Master Servicer, the Depositor and the Seller following a negotiation in good faith to determine how to comply with any such new requirements.

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.