Directions And Instructions. All directions to the Custodian from Norwest Bank shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Norwest Bank shall certify to the Custodian the names and specimen signatures of persons authorized to act for Norwest Bank in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it. Notwithstanding anything herein to the contrary, the Custodian shall be fully protected in acting in accordance with directions with respect to securities transactions (including without limitation the affirmation and/or confirmation of such transactions) received by it through a system or arrangement for the coordination of securities transaction settlements operated by The Depository Trust Company or by any central securities depository, securities clearing organization or book entry system which serves to link investment managers, securities brokers and custodian banks, pursuant to an agreement entered into by the Custodian and Norwest Bank to the same extent as if the directions were in writing.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Cer Ser 2000-Tbc1), Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Tr Ser 1999-Tbc3)
Directions And Instructions. All directions to the Custodian from Norwest Bank the Purchaser shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Norwest Bank The Purchaser shall certify to the Custodian the names and specimen signatures of persons authorized to act for Norwest Bank the Purchaser in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ or to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it. Notwithstanding anything herein to the contrary, the Custodian shall be fully protected in acting in accordance with directions with respect to securities transactions (including without limitation the affirmation and/or confirmation of such transactions) received by it through a system or arrangement for the coordination of securities transaction settlements operated by The Depository Trust Company or by any central securities depository, securities clearing organization or book entry system which serves to link investment managers, securities brokers and custodian banks, pursuant to an agreement entered into by the Custodian and Norwest Bank the Purchaser to the same extent as if the directions were in writing.
Appears in 2 contracts
Sources: Mortgage Loan Sale, Warranties and Servicing Agreement (Structured Asset Securities Corp), Mortgage Loan Sale, Warranties and Servicing Agreement (Structured Asset Securities Corp)
Directions And Instructions. All directions to the Custodian from Norwest Bank ▇▇▇▇▇ Fargo shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Norwest Bank ▇▇▇▇▇ Fargo shall certify to the Custodian the names and specimen signatures of persons authorized to act for Norwest Bank ▇▇▇▇▇ Fargo in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ or to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it. Notwithstanding anything herein to the contrary, the Custodian shall be fully protected in acting in accordance with directions with respect to securities transactions (including without limitation the affirmation and/or confirmation of such transactions) received by it through a system or arrangement for the coordination of securities transaction settlements operated by The Depository Trust Company or by any central securities depository, securities clearing organization or book entry system which serves to link investment managers, securities brokers and custodian banks, pursuant to an agreement entered into by the Custodian and Norwest Bank ▇▇▇▇▇ Fargo to the same extent as if the directions were in writing.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mellon Residential Funding Corp)
Directions And Instructions. All directions to the Custodian from Norwest Bank Well▇ ▇▇▇go shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Norwest Bank Well▇ ▇▇▇go shall certify to the Custodian the names and specimen signatures of persons authorized to act for Norwest Bank Well▇ ▇▇▇go in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it. Notwithstanding anything herein to the contrary, the Custodian shall be fully protected in acting in accordance with directions with respect to securities transactions (including without limitation the O-2 164 affirmation and/or confirmation of such transactions) received by it through a system or arrangement for the coordination of securities transaction settlements operated by The Depository Trust Company or by any central securities depository, securities clearing organization or book entry system which serves to link investment managers, securities brokers and custodian banks, pursuant to an agreement entered into by the Custodian and Norwest Bank Well▇ ▇▇▇go to the same extent as if the directions were in writing.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mellon Residential Funding Corp Mort Pas THR Ser 2000 TBC 3)
Directions And Instructions. All directions to the Custodian from Norwest Bank the Purchaser shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Norwest Bank The Purchaser shall certify to the Custodian the names and specimen signatures of persons authorized to act for Norwest Bank the Purchaser in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One O▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ or to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it. Notwithstanding anything herein to the contrary, the Custodian shall be fully protected in acting in accordance with directions with respect to securities transactions (including without limitation the affirmation and/or confirmation of such transactions) received by it through a system or arrangement for the coordination of securities transaction settlements operated by The Depository Trust Company or by any central securities depository, securities clearing organization or book entry system which serves to link investment managers, securities brokers and custodian banks, pursuant to an agreement entered into by the Custodian and Norwest Bank the Purchaser to the same extent as if the directions were in writing.
Appears in 1 contract
Sources: Mortgage Loan Sale, Warranties and Servicing Agreement (Structured Asset Securities Corporation)