Common use of The Interest Rate Swap Account Clause in Contracts

The Interest Rate Swap Account. The Trustee shall establish and maintain or cause to be established and maintained in the name of the Trust, in the corporate trust department of an office or branch of either the Trustee or a Qualified Institution, a non-interest bearing segregated trust account (for payment of Net Swap Payments, the “Interest Rate Swap Account”). The Trust shall possess all right, title and interest in all funds on deposit from time to time in the Interest Rate Swap Account and in all proceeds thereof. Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Interest Rate Swap Account for the purpose of carrying out the duties of the Master Servicer hereunder. Any funds on deposit in the Interest Rate Swap Account for more than one Business Day shall be invested in Permitted Investments pursuant to Section 4.02(c) of the Pooling and Servicing Agreement. The Master Servicer at all times shall maintain accurate records reflecting each transaction in the Interest Rate Swap Account. The Paying Agent shall also have the revocable authority to make withdrawals from the Interest Rate Swap Account.

The Interest Rate Swap Account. The Trustee shall establish and maintain or cause to be established and maintained in the name of the Trust, in the corporate trust department of an office or branch of either the Trustee or a Qualified Institution, a non-interest bearing segregated trust account (for payment of Net Swap Payments, the “"Interest Rate Swap Account”"). The Trust shall possess all right, title and interest in all funds on deposit from time to time in the Interest Rate Swap Account and in all proceeds thereof. Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Interest Rate Swap Account for the purpose of carrying out the duties of the Master Servicer hereunder. Any funds on deposit in the Interest Rate Swap Account for more than one Business Day shall be invested in Permitted Investments pursuant to Section 4.02(c) of the Pooling and Servicing Agreement. The Master Servicer at all times shall maintain accurate records reflecting each transaction in the Interest Rate Swap Account. The Paying Agent shall also have the revocable authority to make withdrawals from the Interest Rate Swap Account.

The Interest Rate Swap Account. The Trustee shall establish and maintain or cause to be established and maintained in the name of the Trust, in the corporate trust department of an office or branch of either the Trustee or a Qualified Institution, a non-interest bearing segregated trust account (for payment of Net Swap Payments, the “"Interest Rate Swap Account”"). The Trust shall possess all right, title and interest in all funds on deposit from time to time in the Interest Rate Swap Account and in all proceeds thereof. Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Interest Rate Swap Account for the purpose of carrying out the duties of the Master Servicer hereunder. Any funds on deposit in the Interest Rate Swap Account for more than one Business Day shall be invested in Permitted Investments pursuant to Section 4.02(c) of the Pooling and Servicing Agreement. The Master Servicer at all times shall maintain accurate records reflecting each transaction in the Interest Rate Swap Account. The Paying Agent shall also have the revocable authority to make withdrawals from the Interest Rate Swap Account.Servicing

The Interest Rate Swap Account. The Trustee shall establish and maintain or cause to be established and maintained in the name of the Trust, in the corporate trust department of an office or branch of either the Trustee or a Qualified Institution, a non-interest bearing segregated trust account (for payment of Net Swap Payments, the “"Interest Rate Swap Account”"). The Trust shall possess all right, title and interest in all funds on deposit from time to time in the Interest Rate Swap Account and in all proceeds thereof. Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Interest Rate Swap Account for the purpose of carrying out the duties of the Master Servicer hereunder. Any funds on deposit in the Interest Rate Swap Account for more than one Business Day shall be invested in Permitted Investments pursuant to Section 4.02(c) of the Pooling and Servicing Agreement. The Master Servicer at all times shall maintain accurate records reflecting each transaction in the Interest Rate Swap Account. The Paying Agent shall also have the revocable authority to make withdrawals from the Interest Rate Swap Account.. 31 42

The Interest Rate Swap Account. The Trustee shall establish and maintain or cause to be established and maintained in the name of the Trust, in the corporate trust department of an office or branch of either the Trustee or a Qualified Institution, a non-interest bearing segregated trust account (for payment of Net Swap Payments, the “"Interest Rate Swap Account”"). The Trust shall possess all right, title and interest in all funds on deposit from time to time in the Interest Rate Swap Account and in all proceeds thereof. Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Interest Rate Swap Account for the purpose of carrying out the duties of the Master Servicer hereunder. Any funds on deposit in the Interest Rate Swap Account for more than one Business Day shall be invested in Permitted Investments pursuant to Section 4.02(c) of the Pooling and Servicing Agreement. The Master Servicer at all times shall maintain accurate records reflecting each transaction in the 32 44 Interest Rate Swap Account. The Paying Agent shall also have the revocable authority to make withdrawals from the Interest Rate Swap Account.

The Interest Rate Swap Account. The Trustee shall establish and maintain or cause to be established and maintained in the name of the Trust, in the corporate trust department of an office or branch of either the Trustee or a Qualified Institution, a non-interest bearing segregated trust account (for payment of Net Swap Payments, the “"Interest Rate Swap Account”"). The Trust shall possess all right, title and interest in all funds on deposit from time to time in the 42 Interest Rate Swap Account and in all proceeds thereof. Pursuant to authority granted to it pursuant to Section 3.01(b) of the Pooling and Servicing Agreement, the Master Servicer shall have the revocable power to instruct the Trustee to withdraw funds from the Interest Rate Swap Account for the purpose of carrying out the duties of the Master Servicer hereunder. Any funds on deposit in the Interest Rate Swap Account for more than one Business Day shall be invested in Permitted Investments pursuant to Section 4.02(c) of the Pooling and Servicing Agreement. The Master Servicer at all times shall maintain accurate records reflecting each transaction in the Interest Rate Swap Account. The Paying Agent shall also have the revocable authority to make withdrawals from the Interest Rate Swap Account.