Common use of Establishment and Administration of the Collection Account Clause in Contracts

Establishment and Administration of the Collection Account. (a) The Trustee, shall cause to be established and maintained at all times the Collection Account on behalf of and in the name of the Trustee for the benefit of the Trust. The Collection Account shall be an Eligible Account initially established at the office of the Trustee, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Trust. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Collection Account and in all proceeds thereof. The Collection Account shall be under the sole dominion and control of the Trustee for the benefit of the Certificateholders as their interests appear in the Trust. If, at any time, the Collection Account ceases to be an Eligible Account, the [Master Administrator], on behalf of the Trustee, shall within 20 Business Days establish a new Collection Account which shall be an Eligible Account, transfer any cash and/or any investments to such new Collection Account and from the date such new Collection Account is established, it shall be the "Collection Account".

Establishment and Administration of the Collection Account. (a) The Trustee, Trustee shall cause to be established and maintained at all times the Collection Account on behalf of and in the name of the Trustee for the benefit of the Trust. The Collection Account shall be an Eligible Account initially established at the office of the Trustee, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Trust. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Collection Account and in all proceeds thereof. The Collection Account shall be under the sole dominion and control of the Trustee for the benefit of the Certificateholders as their interests appear in the Trust. If, at any time, the Collection Account ceases to be an Eligible Account, the [Master Administrator]Servicer, on behalf of the Trustee, shall within 20 Business Days establish a new Collection Account which shall be an Eligible Account, transfer any cash and/or any investments to such new Collection Account and from the date such new Collection Account is established, it shall be the "Collection Account.".

Establishment and Administration of the Collection Account. (a) The Trustee, Trustee shall cause to be established and maintained at all times the a Collection Account on behalf of and in the name of the Trustee for the benefit of the TrustNotes issued hereunder. The Collection Account shall be an Eligible Bank Account initially established at the office of the Trustee, bearing a the following designation clearly indicating that the funds deposited therein are held for the benefit of the Trust"TW Holdings II, Inc. -- Collection Account, LaSalle National Bank, as Trustee". The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Collection Account and in all proceeds thereof. The Collection Account shall be under the sole dominion and control of the Trustee for the benefit of the Certificateholders Noteholders as their interests appear in the TrustTrust Estate. If, at any time, the Collection Account ceases to be an Eligible Bank Account, the [Master Administrator], on behalf of Servicer and the Trustee, Trustee shall within 20 5 Business Days establish a new Collection Account which shall be an Eligible Bank Account, transfer any cash and/or any investments to such new Collection Account and from the date such new Collection Account is established, it shall be the "Collection Account".