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Common use of Permitted Withdrawals from the Custodial Account Clause in Contracts

Permitted Withdrawals from the Custodial Account. The Servicer may, from time to time, withdraw from the Custodial Account for the following purposes:

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Prime Mortgage Trust 2005-5), Trust Agreement (BCAP LLC Trust 2007-Aa4), Assignment, Assumption and Recognition Agreement (HSI Asset Loan Obligation Trust 2007-Ar1)

Related Clauses

  • Permitted Withdrawals From Custodial Account
  • Permitted Withdrawals from the Collection Account
  • Permitted Withdrawals from the Certificate Account
  • Permitted Withdrawals from the Certificate Account and the Distribution Account
  • Permitted Withdrawals from the Collection Accounts and Certificate Account

Parent Clauses

  • Administration and Servicing of Mortgage Loans
  • MISCELLANEOUS PROVISIONS
  • Administration and Servicing
  • Administration and Servicing of the Trust Fund
  • No Petition
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