Common use of Pledged Accounts Clause in Contracts

Pledged Accounts. (a) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 261619) at the Trustee in the name of the Trustee (the “Collection Account”), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. (b) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 261620) at the Trustee in the name of the Trustee (the “Reserve Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (c) The Borrower shall establish, on or prior to the Closing Day, an Eligible Bank Account (No. 0000000000) at the Account Bank on behalf of the Master Servicer (the “Holding Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (d) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 8900624191) at the Agent (the “Principal Payment Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (e) If at any time the Collection Account, the Reserve Account, the Principal Payment Accounts or the Holding Account shall no longer be an Eligible Bank Account, then the Borrower shall, within 10 Business Days (or such longer period, not to exceed 30 calendar days, as to which the Controlling Party shall consent), cause such account and the funds on deposit therein to be moved so that such account shall be an Eligible Bank Account. The Borrower shall immediately notify the Agent and the Surety Provider of the new location and account number of such account. For purposes of this Loan Agreement, the term “Eligible Bank Account” shall mean, if such bank account does not meet the requirements of paragraphs (a) and (b) of such definition, a bank account otherwise acceptable to the Controlling Party.

Pledged Accounts. (a) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 2616194072874419) at the Trustee Collateral Agent in the name of the Trustee Collateral Agent (the “Collection Account”), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. (b) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 2616204072874428) at the Trustee Collateral Agent in the name of the Trustee Collateral Agent (the “Reserve Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (c) The Borrower shall establish, on or prior to the Closing Day, an Eligible Bank Account (No. 00000000002090000975525) at the Account Bank on behalf Collateral Agent in the name of the Master Servicer Collateral Agent (the “Holding Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (d) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 89006241911076010533) at the Agent (the “Principal Payment Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (e) If at any time the Collection Account, the Reserve Account, the Principal Payment Accounts or the Holding Account shall no longer be an Eligible Bank Account, then the Borrower shall, within 10 Business Days (or such longer period, not to exceed 30 calendar days, as to which the Controlling Party shall consent), cause such account and the funds on deposit therein to be moved so that such account shall be an Eligible Bank Account. The Borrower shall immediately notify the Agent and the Surety Provider of the new location and account number of such account. For purposes of this Loan Agreement, the term “Eligible Bank Account” shall mean, if such bank account does not meet the requirements of paragraphs (a) and (b) of such definition, a bank account otherwise acceptable to the Controlling Party.

Pledged Accounts. (a) The Borrower Trustee shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 261619261621) at the Trustee in the name of the Trustee (the “Collection Account”), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. (b) The Borrower Trustee shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 261620261622) at the Trustee in the name of the Trustee (the “Reserve Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (c) The Borrower Trustee shall establish, on or prior to the Closing Day, an Eligible Bank Account (No. 0000000000) at the Account Bank on behalf for the benefit of the Master Servicer (the “Holding Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (d) The Borrower Trustee shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 89006241918900624183) at the Agent in the name of the Lender (the “Principal Payment Account”) bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (e) If at any time the Collection Account, the Reserve Account, the Principal Payment Accounts Account or the Holding Account shall no longer be an Eligible Bank Account, then the Borrower shall, within 10 ten (10) Business Days (or such longer period, not to exceed 30 thirty (30) calendar days, as to which the Controlling Party shall consent), cause such account and the funds on deposit therein to be moved so that such account shall be an Eligible Bank Account. The Borrower shall immediately notify the Agent and the Surety Provider of the new location and account number of such account. For purposes of this Loan Agreement, the term “Eligible Bank Account” shall mean, if such bank account does not meet the requirements of paragraphs (a) and (b) of such definition, a bank account otherwise acceptable to the Controlling Party.

Pledged Accounts. (a) The Borrower Collateral Agent shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 2616191076026223) at the Trustee Collateral Agent in the name of the Trustee Collateral Agent (the “"Collection Account”"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties. (b) The Borrower Collateral Agent shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 2616201076026232) at the Trustee Collateral Agent in the name of the Trustee Collateral Agent (the “"Reserve Account”") bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (c) The Borrower Collateral Agent shall establish, on or prior to the Closing Day, an Eligible Bank Account (No. 00000000001076026296) at the Account Bank on behalf Collateral Agent in the name of the Master Servicer Collateral Agent (the “"Holding Account”") bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (d) The Borrower Collateral Agent shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 89006241911076026303) at the Agent in the name of the Lender (the “"Principal Payment Account”") bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured Parties. (e) If at any time the Collection Account, the Reserve Account, the Principal Payment Accounts Account or the Holding Account shall no longer be an Eligible Bank Account, then the Borrower shall, within 10 ten (10) Business Days (or such longer period, not to exceed 30 thirty (30) calendar days, as to which the Controlling Party shall consent), cause such account and the funds on deposit therein to be moved so that such account shall be an Eligible Bank Account. The Borrower shall immediately notify the Agent and the Surety Provider of the new location and account number of such account. For purposes of this Loan Agreement, the term “Eligible Bank Account” shall mean, if such bank account does not meet the requirements of paragraphs (a) and (b) of such definition, a bank account otherwise acceptable to the Controlling Party.The

Pledged Accounts. (a) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 261619__________) at the Trustee Collateral Agent in the name of the Trustee Collateral Agent (the “"Collection Account”"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured PartiesLender. (b) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (No. 261620_____________) at the Trustee Collateral Agent in the name of the Trustee Collateral Agent (the “"Reserve Account”") bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured PartiesLender. (c) The Borrower shall establish, on or prior to the Closing Day, an Eligible Bank Account (No. 0000000000.______________) at the Account Bank on behalf Collateral Agent in the name of the Master Servicer Collateral Agent (the “"Holding Account”") bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured PartiesLender. (d) The Borrower shall establish, on or prior to the Closing Date, an Eligible Bank Account (ABA No. 8900624191000000000; Account No. 001366855) at the Administrative Agent in the name of the Lender (the “"Principal Payment Account”") bearing a designation clearly indicating that the funds deposited therein are for the benefit of the Secured PartiesLender. Funds on deposit in the Principal Payment Account (other than investment earnings) shall be invested in Eligible Investments at the written direction of the Borrower; provided that such investments will mature so that sufficient funds will be available uninvested for application by the Lender pursuant to paragraph (g) of Section 2.6 hereof. Investment earnings on amounts on deposit in the Principal Payment Account shall be paid by the Lender to the Borrower as soon as practicable following receipt thereof by the Lender. The Borrower will deposit into the Principal Payment Account losses on investments in the Principal Payment Account. (e) If at any time the Collection Account, the Reserve Account, the Principal Payment Accounts Account or the Holding Account shall no longer be an Eligible Bank Account, then the Borrower shall, within 10 Business Days (or such longer period, not to exceed 30 calendar days, as to which the Controlling Party Lender shall consent), cause such account and the funds on deposit therein to be moved so such that such account shall will be an Eligible Bank Account. The Borrower shall immediately notify the Administrative Agent and the Surety Provider of the new location and account number of such account. For purposes of this Loan Agreement, the term “Eligible Bank Account” shall mean, if such bank account does not meet the requirements of paragraphs (a) and (b) of such definition, a bank account otherwise acceptable to the Controlling Party.