Alternative Accounts. If, after the Initial Closing Date, the Mortgages Trustee and the Beneficiaries agree that any Monthly Payments, other interest received under and in respect of the Loans and any costs or other amounts received under the Loans (including in any such case amounts recovered on enforcement of rights against any Borrower, the Property or the Borrower’s other property or assets) may be paid directly into an account other than the Mortgages Trustee GIC Account (an "Alternative Account"), then such agreement will be subject to the following terms:
Appears in 4 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
