Common use of Permitted Withdrawals and Transfers from the Master Servicer Collection Account Clause in Contracts

Permitted Withdrawals and Transfers from the Master Servicer Collection Account. (a) The Wells Master Servicer will, from time to time in its discret▇▇▇ ▇r on demand of the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Wells Master Servicer has designated for such transfer or wi▇▇▇▇▇wal pursuant to the Servicing Agreements. The Wells Master Servicer may make withdrawals in payment of any ▇▇▇▇s Master Servicing Fee not previously reimbursed or with▇▇▇▇ from funds in the Master Servicer Collection Account or the Distribution Account, and may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error. (b) On an ongoing basis, the Wells Master Servicer shall withdraw from the Master Service▇ ▇▇▇lection Account any expenses recoverable by the Trustee, the Wells Master Servicer or the Securities Administrator pursua▇▇ ▇▇ Sections 3.03, 7.01, 7.03, 7.04 and 9.05. (c) No later than 1:00 p.m. New York time on each Distribution Account Deposit Date, the Wells Master Servicer will transfer all amounts on deposit i▇ ▇▇▇ Master Servicer Collection Account to the Distribution Account.

Permitted Withdrawals and Transfers from the Master Servicer Collection Account. (a) The Wells Master Servicer will, from time to time in its discret▇discretion o▇ ▇▇ ▇r on demand of the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Wells Master Servicer has designated for such transfer or wiwithdra▇▇▇ ▇▇▇wal pursuant ursuant to the Servicing Agreements. The Wells Master Servicer may make withdrawals in payment of any Well▇ ▇▇▇▇s Master ter Servicing Fee not previously reimbursed or withwithheld ▇▇▇▇ from funds in the Master Servicer Collection Account or the Distribution Account, and may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error. (b) On an ongoing basis, the Wells Master Servicer shall withdraw from the Master Service▇ Servicer Col▇▇▇lection ▇▇on Account any expenses recoverable by the Trustee, the Wells Master Servicer or the Securities Administrator pursuapursuant to ▇▇ ▇▇ Sections ▇▇ions 3.03, 7.01, 7.03, 7.04 and 9.05. (c) No later than 1:00 p.m. New York time on each Distribution Account Deposit Date, the Wells Master Servicer will transfer all amounts on deposit i▇ in the ▇▇▇ Master ▇▇er Servicer Collection Account to the Distribution Account.