Common use of Transfer of Accounts Clause in Contracts

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and the Escrow Account to any other Eligible Depository Institution. The Company shall notify the Owner within 14 days of any such transfer under this Section 4.09.

Appears in 22 contracts

Sources: Servicing Agreement (Luminent 2006-4), Flow Sale and Servicing Agreement (GSR 2006-Ar2), Flow Sale and Servicing Agreement (GSR Mortgage Loan Trust 2007-4f)

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and or the Escrow Account to any other Eligible a different Qualified Depository Institution. The from time to time; provided that the Company shall notify give notice to the Owner within 14 days Purchaser of any such transfer under this Section 4.09proposed change of the location of either Account not later than 30 days and not more than 45 days prior to any change thereof.

Appears in 7 contracts

Sources: Flow Sale and Servicing Agreement (GSR Mortgage Loan Trust 2007-4f), Flow Sale and Servicing Agreement (Banc of America Funding 2006-3 Trust), Flow Sale and Servicing Agreement (Banc of America Funding 2006-5 Trust)

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and or the Escrow Account to any other Eligible a different Qualified Depository Institution. The from time to time; provided that the Company shall notify give written notice to the Owner within 14 days Purchaser of any such transfer under this Section 4.09proposed change of the location of either Account not later than ten (10) Business Days prior to any change thereof.

Appears in 5 contracts

Sources: Flow Sale and Servicing Agreement (Banc of America Funding 2006-D Trust), Flow Sale and Servicing Agreement (Luminent Mortgage Trust 2006-6), Mortgage Loan Flow Purchase, Sale and Servicing Agreement (SunTrust Real Estate Trust, LLC)

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and or the Escrow Account to any other Eligible a different Qualified Depository Institution. The from time to time; provided that the Company shall notify give notice to the Owner within 14 days Purchaser of any such transfer under this Section 4.09proposed change of the location of either Account not later than ten (10) Business Days prior to any change thereof.

Appears in 3 contracts

Sources: Flow Sale and Servicing Agreement (ABFC 2006-Opt2 Trust), Flow Sale and Interim Servicing Agreement (ABFC 2006-He1 Trust), Flow Sale and Servicing Agreement (ABFC 2006-Opt3 Trust)

Transfer of Accounts. The Company Seller may from time to time transfer the Custodial Account and the Escrow Account to any other Eligible Depository Institution. The Company Seller shall notify the Owner Purchaser within 14 days of any such transfer under this Section 4.09.

Appears in 2 contracts

Sources: Mortgage Loan Flow Purchase, Sale, and Servicing Agreement (Sequoia Mortgage Trust 2007-4), Mortgage Loan Flow Purchase, Sale, and Servicing Agreement (Sequoia Mortgage Trust 2007-1)

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and the Escrow Account to any other Eligible Depository Institution. The Company shall notify the Owner within 14 days of five (5) Business Days following any such transfer under this Section 4.09.

Appears in 2 contracts

Sources: Master Flow Sale and Servicing Agreement (Banc of America Funding 2007-3 Trust), Master Flow Sale and Servicing Agreement (Banc of America Funding 2007-4 Trust)

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and or the Escrow Account to any other Eligible a different Qualified Depository Institution. The from time to time; provided that the Company shall notify give written notice to the Owner within 14 days Purchaser of any such transfer under this Section 4.09proposed change of the location of either Account not later than ten Business Days prior to any change thereof.

Appears in 1 contract

Sources: Flow Sale and Servicing Agreement (Lares Asset Securitization, Inc.)

Transfer of Accounts. The Company may from time to time transfer the Custodial Account and or the Escrow Account to any other Eligible a different Qualified Depository Institution. The from time to time; provided that the Company shall notify give notice to the Owner within 14 days Purchaser of any such transfer under this Section 4.09proposed change of the location of either Account not later than five (5) Business Days prior to any change thereof.

Appears in 1 contract

Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)