Failure of Institution to Qualify. If any institution with which any of the accounts established pursuant to this Section 4.2 are established ceases to be a Qualified Institution, the Servicer or the Collateral Trustee (as the case may be) shall within 10 Business Days establish a replacement account at a Qualified Institution after notice thereof.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement and Indenture of Trust (American Finance Group Inc /De/), Pooling and Servicing Agreement (PLM International Inc)
Failure of Institution to Qualify. If any institution with which any of the accounts established pursuant to this Section 4.2 are established ceases to be a Qualified Institution, the Servicer or the Collateral Trustee Agent (as the case may be) shall within 10 Business Days establish a replacement account at a Qualified Institution after notice thereof.
Appears in 1 contract
Samples: Agency and Servicing Agreement (Newcourt Receivables Corp)
Failure of Institution to Qualify. If any institution with which any --------------------------------- of the accounts established pursuant to this Section 4.2 are established ceases to be a Qualified Institution, the Servicer or the Collateral Trustee (as the case may be) shall within 10 Business Days establish a replacement account at a Qualified Institution after notice thereofInstitution.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Spiegel Credit Corp Iii)
