Common use of Deposits to Collection Account Clause in Contracts

Deposits to Collection Account. Neither the Borrower nor the Servicer shall deposit or otherwise credit, or cause or permit to be so deposited or credited, to the Collection Account, cash or cash proceeds other than Collateral Proceeds.

Appears in 10 contracts

Sources: Loan Agreement, Securitization Agreement, Loan Agreement (Lennar Corp /New/)

Deposits to Collection Account. Neither the Borrower Seller nor the Servicer shall deposit or otherwise credit, or cause or permit to be so deposited or credited, to the Collection Account, cash or cash proceeds other than Collateral Proceedsproceeds of the Collateral.

Appears in 1 contract

Sources: Mortgage Loan Purchase and Sale Agreement (American Home Mortgage Investment Corp)

Deposits to Collection Account. Neither the Borrower Sellers nor the Servicer shall deposit or otherwise credit, or cause or permit to be so deposited or credited, to the Collection Account, cash or cash proceeds other than Collateral Mortgage Asset Proceeds.

Appears in 1 contract

Sources: Repurchase Agreement (American Home Mortgage Investment Corp)