Reserves/Escrows. From and after a Securitization and to the extent required by Lender, all funds held by Lender or Servicer in escrow or pursuant to reserves in accordance with this Security Instrument and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.
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Samples: Deed of Trust and Security Agreement (American Assets Trust, Inc.), Deed of Trust and Security Agreement (American Assets Trust, Inc.)
Reserves/Escrows. From and after a Securitization and to In the extent required by Lenderevent that Securities are issued in connection with the Loan, all funds held by Lender or Servicer in escrow or pursuant to reserves in accordance with this Security Instrument and or the other Loan Other Security Documents shall be deposited in “eligible accounts” accounts at “eligible institutions” and, to the extent applicable, invested in “permitted investments” institutions as then defined and required by the Rating Agencies.
Appears in 1 contract
Reserves/Escrows. From and after a Securitization and to the extent required by Lender, all funds held by Lender or Servicer in escrow or pursuant to reserves in accordance with this Security Instrument and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies. Article 21. DEFINITIONS Section 21.1.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement
