Common use of Investment Reserve Account Clause in Contracts

Investment Reserve Account. (i) If the ratings of any Eligible Investment related to the Accumulation Account have been downgraded by one or more Rating Agencies, on the next Distribution Date the Administrator will instruct the Indenture Trustee to deposit the applicable Investment Reserve Account Required Amount into the Investment Reserve Account to the extent of Available Funds remaining after giving effect to distributions and/or allocations made pursuant to Section 2.8(a) through (g). On each Distribution Date, the Administrator will instruct the Indenture Trustee to withdraw from the Investment Reserve Account any amounts required to offset realized losses on Eligible Investments related to the Accumulation Account, and deposit that amount into the Accumulation Account.

Investment Reserve Account. (i) If the ratings of any Eligible Investment related to the an Accumulation Account have been downgraded by one or more Rating Agencies, on the next Distribution Date the Administrator will instruct the Indenture Trustee to deposit the applicable Investment Reserve Account Required Amount into the Investment Reserve Account to the extent of Available Funds remaining after giving effect to distributions and/or allocations made pursuant to Section 2.8(a) through (g). On each Distribution Date, the Administrator will instruct the Indenture Trustee to withdraw from the Investment Reserve Account any amounts required to offset realized losses on Eligible Investments related to the an Accumulation Account, and deposit that amount into the related Accumulation Account.

Investment Reserve Account. (i) If the ratings of any Eligible Investment related to in connection with the Accumulation Account have been downgraded by one or more Rating Agencies, on the next Distribution Date Date, the Administrator will instruct the Indenture Trustee to deposit the applicable Investment Reserve Account Required Amount into the related Investment Reserve Account to the extent of Available Funds remaining after giving effect to distributions and/or allocations made pursuant to Section 2.8(a) through (g). On each Distribution Date, the Administrator will instruct the Indenture Trustee to withdraw from the any Investment Reserve Account any amounts required to offset realized losses on Eligible Investments related to in connection with the Accumulation Account, and deposit that amount into the such Accumulation Account.