Common use of ESTABLISHMENT OF THE CASH COLLATERAL ACCOUNT Clause in Contracts

ESTABLISHMENT OF THE CASH COLLATERAL ACCOUNT. (a) The Lender has established and will maintain while the Loans are outstanding a cash collateral account (which account shall be an Eligible Account or may be a book-entry sub-account of an Eligible Account) at the Deposit Bank (the "CASH COLLATERAL ACCOUNT") which shall be entitled "Greenwich Capital Financial Products, Inc. as Beneficiary of North Tower, LLC Cash Collateral Account". In connection with a Securitization, the Lender shall have the right to cause Deposit Bank to entitle the Cash Collateral Account with such other designation as the Lender may select in its reasonable discretion to reflect such assignment or transfer. The Lender shall, or shall cause the Servicer to, cause the Deposit Bank to deposit into the Cash Collateral Account, all Rents and other amounts transferred to the Deposit Bank from the Clearing Bank.

ESTABLISHMENT OF THE CASH COLLATERAL ACCOUNT. (a) The Lender has established and will maintain while the Loans are Loan is outstanding a cash collateral account (which account shall be an Eligible Account or may be a book-entry sub-account of an Eligible Account) at the Deposit Bank (the "CASH COLLATERAL ACCOUNT") which shall be entitled "Greenwich Capital Financial Products, Inc. as Beneficiary of North TowerLibrary Square Associates, LLC Cash Collateral Account". In connection with a Securitization, the Lender shall have the right to cause Deposit Bank to entitle the Cash Collateral Account with such other designation as the Lender may select in its reasonable discretion to reflect such assignment or transfer. The Lender shall, or shall cause the Servicer to, cause the Deposit Bank to deposit into the Cash Collateral Account, all Rents and other amounts transferred to the Deposit Bank from the Clearing Bank.

ESTABLISHMENT OF THE CASH COLLATERAL ACCOUNT. (a) The Lender has established and will maintain while the Loans are Loan is outstanding a cash collateral account (which account shall be an Eligible Account or may be a book-entry sub-account of an Eligible Account) at the Deposit Bank (the "“CASH COLLATERAL ACCOUNT"”) which shall be entitled "“Greenwich Capital Financial Products, Inc. as Beneficiary of North TowerLibrary Square Associates, LLC Cash Collateral Account"”. In connection with a Securitization, the Lender shall have the right to cause Deposit Bank to entitle the Cash Collateral Account with such other designation as the Lender may select in its reasonable discretion to reflect such assignment or transfer. The Lender shall, or shall cause the Servicer to, cause the Deposit Bank to deposit into the Cash Collateral Account, all Rents and other amounts transferred to the Deposit Bank from the Clearing Bank.