Common use of Deposits of Collections Clause in Contracts

Deposits of Collections. Failure of Seller to cause each Servicer to comply with the deposit requirements set forth in ▇▇▇▇▇▇▇ ▇.▇, ▇▇▇▇▇▇▇ ▇▇.▇ and Section 12.c hereof, if such failure is not cured within two (2) days.

Appears in 1 contract

Sources: Master Repurchase Agreement (Starwood Waypoint Residential Trust)

Deposits of Collections. Failure of Seller to cause each Servicer and the Property Manager to comply with the deposit requirements set forth in ▇▇▇▇▇▇▇ ▇.▇, ▇▇▇▇▇▇▇ ▇▇.▇ and Section 12.c hereof, if such failure is not cured within two (2) days. An Event of Default shall be deemed to be continuing unless expressly waived by Buyer in writing.

Appears in 1 contract

Sources: Master Repurchase Agreement (Altisource Residential Corp)