Protected Account. An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account.
Protected Account. An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. QIB: A Qualified Institutional Buyer as defined in Rule 144A promulgated under the Securities Act.
Protected Account. Each account established and maintained by the Company with respect to receipts on the Mortgage Loans and REO Property in accordance with Section 5.01 hereof or by the related Servicer in accordance with the related Servicing Agreement. PUD: A Planned Unit Development.
Examples of Protected Account in a sentence
Section 4.01 Collection of Mortgage Loan Payments; Protected Account.
More Definitions of Protected Account
Protected Account. The separate Eligible Account established and maintained by the Master Servicer with respect to the Mortgage Loans and REO Property in accordance with Section 4.01 hereof. PUD: A Planned Unit Development.
Protected Account. An account established and maintained for the benefit of Certificateholders by the Master Servicer with respect to the Mortgage Loans and with respect to REO Property in accordance with the Servicing Agreements.
Protected Account. An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account. PCAOB: The Public Company Accounting Oversight Board.
Protected Account means any payment account that—
Protected Account means any Wallet that—
Protected Account. A trust account established and maintained by the Master Servicer or any Sub-Servicer with respect to the Mortgage Loans and with respect to REO Property in a Designated Depository Institution for receipt of principal and interest and other amounts as described in Section 4.01.
Protected Account. The trust account or accounts created and maintained by the Servicer pursuant to the Xxxxx Fargo Servicing Agreement. Each Protected Account shall be an Eligible Account.