Common use of LIP Account Clause in Contracts

LIP Account. The Company shall establish and, until such time as the Servicer is retained, maintain and, thereafter, cause the Servicer to maintain the LIP Account, held in trust for the benefit of the Participant and the Company.

Appears in 2 contracts

Samples: Participation and Servicing Agreement, Participation and Servicing Agreement

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LIP Account. The Company shall establish and, until such time as the Servicer is retained, maintain and, thereafter, cause the Servicer to maintain the LIP Account, held in trust for the benefit of the Participant and the Company.

Appears in 2 contracts

Samples: Participation and Servicing Agreement, Participation and Servicing Agreement

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