Primary Servicer Companion Distribution Account definition

Primary Servicer Companion Distribution Account shall have the meaning set forth in Section 3.01(c)(8) of this Agreement.
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Primary Servicer Companion Distribution Account shall have the meaning set forth in Section 3.01(c)(8) of this Agreement. For the avoidance of doubt, there are no Serviced Companion Loans related to this Agreement so all such references to Primary Servicer Companion Distribution Account shall be disregarded.
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Examples of Primary Servicer Companion Distribution Account in a sentence

  • The Primary Servicer shall keep and maintain separate accounting records, on a loan-by-loan basis, reflecting amounts allocable to the Serviced Companion Loans, and on a property-by-property basis when appropriate, for the purpose of justifying any withdrawal, debit or credit from the Primary Servicer Companion Distribution Account.

Related to Primary Servicer Companion Distribution Account

  • Companion Distribution Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

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

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

  • 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.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • 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.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).