Common use of Accounts Related to Purchased Assets Clause in Contracts

Accounts Related to Purchased Assets. All accounts directly related to the Purchased Assets shall be maintained at Xxxxx Fargo Bank, N.A., and Seller shall cause each Underlying Obligor to enter into the contractual arrangements with Buyer and Seller that are necessary in order to create a perfected security interest in favor of Buyer in all such accounts, including, without limitation, an Account Control Agreement in form and substance reasonably acceptable to Buyer.

Appears in 3 contracts

Samples: Servicing Agreement (KKR Real Estate Finance Trust Inc.), Servicing Agreement (KKR Real Estate Finance Trust Inc.), Servicing Agreement (KKR Real Estate Finance Trust Inc.)

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Accounts Related to Purchased Assets. All accounts directly related to the Purchased Assets shall be maintained at Xxxxx Fargo Bank, N.A.N.A. acceptable to Buyer, and each Seller shall cause each the Underlying Obligor to enter into the contractual arrangements with Buyer and such Seller that are necessary in order to create a perfected security interest in favor of Buyer in all such accounts, including, without limitation, an Account Control Agreement in form and substance reasonably acceptable to Buyer.

Appears in 2 contracts

Samples: Guarantee Agreement (Ares Commercial Real Estate Corp), Master Repurchase and Securities Contract (Ares Commercial Real Estate Corp)

Accounts Related to Purchased Assets. All accounts directly related to the Purchased Assets shall be maintained at Xxxxx Fargo Bank, N.A.N.A. acceptable to Buyer, and Seller shall cause each the Underlying Obligor to enter into the contractual arrangements with Buyer and Seller that are necessary in order to create a perfected security interest in favor of Buyer in all such accounts, including, without limitation, an Account Control Agreement in form and substance reasonably acceptable to Buyer.

Appears in 1 contract

Samples: Master Repurchase and Securities Contract (Ares Commercial Real Estate Corp)

Accounts Related to Purchased Assets. All accounts directly related to the Purchased Assets shall be maintained at institutions reasonably acceptable to Xxxxx Fargo Bank, N.A., and Seller shall cause each Underlying Obligor to enter into the contractual arrangements with Buyer and Seller that are necessary in order to create a perfected security interest in favor of Buyer Seller in all such accounts, including, without limitation, an Account Control Agreement . Seller shall execute all documents necessary to assign all of Seller’s rights in form and substance reasonably acceptable such accounts to Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Granite Point Mortgage Trust Inc.)

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Accounts Related to Purchased Assets. All Except as otherwise approved in writing by Buyer, all accounts directly related to the Purchased Assets shall be maintained at Xxxxx Fargo Bank, N.A., and Seller shall cause each applicable Underlying Obligor to enter into the contractual arrangements with Buyer and Seller that are necessary in order to create a perfected security interest in favor of Buyer in all such accounts, including, without limitation, an Account Control Agreement in form and substance reasonably acceptable to Buyer.

Appears in 1 contract

Samples: Master Repurchase and Securities Contract (AG Mortgage Investment Trust, Inc.)

Accounts Related to Purchased Assets. All accounts directly related to the Purchased Assets shall be maintained at Xxxxx Fargo Bank, N.A.N.A. acceptable to Buyer, and each Seller shall cause each the Underlying Obligor to enter into the contractual arrangements with Buyer Xxxxx and such Seller that are necessary in order to create a perfected security interest in favor of Buyer in all such accounts, including, without limitation, an Account Control Agreement in form and substance reasonably acceptable to Buyer.

Appears in 1 contract

Samples: Repurchase and Securities Contract (Ares Commercial Real Estate Corp)

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