Protected Accounts definition

Protected Accounts. An account established and maintained in the name of the Trustee for the benefit of Certificateholders by each 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.
Sample 1Sample 2
Protected Accounts means all customers and potential customers for the Products as are designated as such from time to time based upon the Manufacturer policy then in effect. Updated lists of Protected Accounts will be provided to Reseller throughout the Term of this Agreement.
Sample 1
Protected Accounts or the Certificate Account as provided by Section 4.03(a). Nothing in this Section 7.04(d) shall affect a Master Servicer's obligation to supervise the servicing and administration of the Mortgage Loans pursuant to Section 3.01(a).
Sample 1

Examples of Protected Accounts in a sentence

  • Schedule 2.2 ------------ PROTECTED ACCOUNTS This Schedule 2.2 lists the Protected Accounts, including any time limitations or other conditions that apply with respect thereto.

  • Confidential treatment has been requested with respect to the omitted portions SCHEDULE 1.49 PRN MD PROTECTED ACCOUNTS [***] [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.

  • The Master Servicer has complied with the requirements as stated within the "Collection of Mortgage Payments" section of the Pooling and Servicing Agreement, except that: CENDANTMORTGAGE CORPORATION, COUNTRYWIDE HOME LOANS AND OPTION ONE MORTGAGE CORPORATION, SUB-SERVICERS OF THE MASTER SERVICER, ARE ALLOWED 48 HOURS TO DEPOSIT PAYMENTS INTO THE PROTECTED ACCOUNTS RATHER THAN 24 HOURS AS REQUIRED IN THE PSA'S.

  • Confidential treatment has been requested with respect to the omitted portions SCHEDULE 1.50 PRN OD PROTECTED ACCOUNTS [***] [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.

  • Schedule 2.2 ------------ PROTECTED ACCOUNTS Subject to Section 2.2 of this Agreement, this Schedule 2.2 lists the initial Protected Accounts, including any time limitations or other conditions that apply with respect thereto.

  • THE NOTES ARE NOT PROTECTED ACCOUNTS OR DEPOSIT LIABILITIES OF WESTPAC BANKING CORPORATION FOR THE PURPOSE OF THE BANKING ACT OF 1959 OF AUSTRALIA OR ANY OTHER PURPOSE AND ARE NOT INSURED OR GUARANTEED BY (1) THE COMMONWEALTH OF AUSTRALIA OR ANY GOVERNMENTAL AGENCY OF AUSTRALIA, (2) THE UNITED STATES FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY OF THE UNITED STATES OR (3) THE GOVERNMENT OR ANY GOVERNMENTAL AGENCY OF ANY OTHER JURISDICTION.

Related to Protected Accounts

  • 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.

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • Excluded Accounts means any Xxxxx Cash Account and any other deposit account used for (a) funding payroll or segregating payroll taxes or funding other employee wage or benefit payments, (b) segregating 401(k) contributions or contributions to an employee stock purchase plan or (c) funding other employee health and benefit plans.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Audited Accounts means the report and audited accounts of the Company and of any Group Company and the audited consolidated accounts of the Group (if any) for the relevant Financial Year;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collection Accounts As defined in Section 3.10(a).

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • 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.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

  • Security Account “Software”, and “Supporting Obligations”.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Controlled Accounts means the Collection Account and the Unfunded Exposure Account.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Separate Accounts means the accounts which are to be prepared for each