Common use of Permitted Withdrawals and Transfers from the Distribution Account Clause in Contracts

Permitted Withdrawals and Transfers from the Distribution Account. The Securities Administrator will, from time to time on demand of the Master Servicer (or with respect to clause (l) hereto, on demand of the Trustee, the Securities Administrator or the Custodian), make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the Servicing Agreements or as the Securities Administrator deems necessary for the following purposes: (a) to reimburse the Master Servicer or any Servicer for any Monthly Advance of its own funds, the right of the Master Servicer or a Servicer to reimbursement pursuant to this subclause (i) being limited to amounts received on a particular Mortgage Loan (including, for this purpose, the Repurchase Price therefor, Insurance Proceeds and Liquidation Proceeds) which represent late payments or recoveries of the principal of or interest on such Mortgage Loan with respect to which such Monthly Advance was made; (b) to reimburse the Master Servicer or any Servicer from Insurance Proceeds or Liquidation Proceeds relating to a particular Mortgage Loan for amounts expended by the Master Servicer or such Servicer in good faith in connection with the restoration of the related Mortgaged Property which was damaged by an Uninsured Cause or in connection with the liquidation of such Mortgage Loan;

Permitted Withdrawals and Transfers from the Distribution Account. (a) The Securities Administrator Master Servicer will, from time to time on demand of the Master Servicer (or with respect to clause (l) hereto, on demand of the Trusteea Servicer, the Securities Administrator Administrator, or the Custodian)for its own account as set forth below, make or cause to be made such withdrawals or transfers from the Distribution Account Account, in the case of a demand by a Servicer, as the Master applicable Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the applicable Servicing Agreements Agreement, or in the case of a demand by the Securities Administrator as the Securities Administrator deems necessary has demanded pursuant hereto, or as the Master Servicer has determined to be appropriate in accordance herewith, for the following purposes: (ai) to reimburse the Master Servicer Servicer, as successor servicer, or any Servicer for any Monthly Advance (excluding Capitalization Reimbursement Amounts) of its own funds or of such Servicer’s own funds, the right of the Master Servicer or a Servicer to reimbursement pursuant to this subclause (i) being limited to amounts received on a particular Mortgage Loan (including, for this purpose, the Repurchase Purchase Price therefor, Insurance Proceeds and Liquidation Proceeds) which represent late payments or recoveries of the principal of or interest on such Mortgage Loan with respect to respecting which such Monthly Advance was made; ; (bii) to reimburse the Master Servicer or any Servicer from Insurance Proceeds or Liquidation Proceeds relating to a particular Mortgage Loan for amounts expended by the Master Servicer or such Servicer in good faith in connection with the restoration of the related Mortgaged Property which was damaged by an Uninsured Cause or in connection with the liquidation of such Mortgage Loan;