Common use of Reallocation of Assets from Wind-Down Pool Clause in Contracts

Reallocation of Assets from Wind-Down Pool. Following payment in full of all Secured Obligations owed (or deemed owed) to any Wind-Down Lender, the Closed-End Assets included in the related Wind-Down Pool shall automatically, without further action by any party, be reallocated to the Revolving Pool; provided, however, that the Closed-End Servicer may elect, by delivery of a Reference Pool Reallocation Notice in accordance with Section 6.2(b), copies of which Reference Pool Reallocation Notice will be provided to the Deal Agent and each Warehouse Facility Agent, to have the Closed-End Assets included in such Wind-Down Pool reallocated, following payment in full of such Secured Obligations, to the Reference Pool designated in such Reference Pool Reallocation Notice (provided, however, that, for the avoidance of doubt, such reallocation pursuant to this Section 7.5 shall not be contingent on the conditions listed in subclauses (A) through (D) of Section 6.2(b)).