Common use of Benefit of Revolving Facility Collection Account; Deposits and Withdrawals Clause in Contracts

Benefit of Revolving Facility Collection Account; Deposits and Withdrawals. The Revolving Facility Collection Account and all cash, money, securities, investments, financial assets and other property deposited in or credited to it will be held by the Collateral Agent, as secured party for the benefit of the Secured Parties and, after payment in full of the Revolving Facility Balance, the termination of the Revolving Facility and the release of the Revolving Facility Collection Account from the Lien Granted under Section 3.2 of the Credit and Security Agreement, as agent for the Borrowers. All deposits to and withdrawals from the Revolving Facility Collection Account will be made according to the Basic Documents.

Appears in 6 contracts

Samples: Fourth Amended and Restated Servicing Agreement (CAB East LLC), Servicing Agreement (CAB East LLC), Servicing Agreement (CAB East LLC)

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