Withdrawals from Collection Account. The Master Servicer shall cause the Servicer to also make the following withdrawals from the Collection Account, in no particular order of priority: (i) to withdraw any amount not required to be deposited in the Collection Account or deposited therein in error; (ii) to withdraw any Servicing Advance Reimbursement Amounts and Monthly Advance Reimbursement Amounts; and (iii) to clear and terminate the Collection Account in connection with the termination of this Agreement.
Appears in 7 contracts
Sources: Sale and Servicing Agreement (Bcap LLC), Sale and Servicing Agreement (Hsi Asset Securitization Corp), Sale and Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1)
Withdrawals from Collection Account. The Master Servicer shall cause the Servicer to also make the following withdrawals from the Collection Account, in no particular order of priority:
(iA) to withdraw any amount not required to be deposited in the Collection Account or deposited therein in error;
(iiB) to withdraw any Servicing Advance Reimbursement Amounts and Monthly Advance Reimbursement Amounts; and
(iiiC) to clear and terminate the Collection Account in connection with the termination of this Agreement.
Appears in 1 contract
Sources: Sale and Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-2)