Reserves Accounts. If the Loan is made a part of a Securitization, Borrower acknowledges that all funds held by Lender in the Reserve Accounts in accordance with this Loan Agreement or the other Loan Documents shall be deposited in "eligible accounts" at "eligible institutions" or invested in "permitted investments" as then defined and required by the Rating Agencies, and this Loan Agreement will automatically be amended to so provide.
Appears in 4 contracts
Samples: Loan Agreement (Consolidated Capital Properties Iv), Loan Agreement (Corporate Property Associates 16 Global Inc), Loan Agreement (Macquarie Infrastructure Assets Trust)
Reserves Accounts. If the Loan is made a part part. of a Securitization, Borrower acknowledges that all funds held by Lender in the Reserve Accounts in accordance with this Loan Agreement or the other Loan Documents shall be deposited in "eligible accounts" at "eligible institutions" or invested in "permitted investments" as then defined and required by the Rating Agencies, and this Loan Agreement will automatically be amended to so provide.
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)
Reserves Accounts. If the Loan is made a part of a Securitization, Borrower acknowledges that all funds held by Lender in the Reserve Accounts in accordance with this Loan Agreement or the other Loan Documents shall be deposited in "eligible accounts" '' at "eligible institutions" or invested in "permitted investments" as then defined and required by the Rating Agencies, and this Loan Agreement will automatically be amended to so provide.
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)
Reserves Accounts. If the Loan is made a part of a Securitization, Borrower acknowledges that all funds held by Lender in the Reserve Accounts in accordance with this Loan Agreement or the other Loan Documents shall be deposited in "“eligible accounts" ” at "“eligible institutions" ” or invested in "“permitted investments" ” as then defined and required by the Rating Agencies, and this Loan Agreement will automatically be amended to so provide.
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