Unidentified Funds. Processing. Payments received by the Servicer, which are not readily identified as payments on account of a particular Loan because of the omission or absence of a scannable coupon or billing statement, or other reason, will be further processed manually. Payments that are ultimately recognized as payments on account of a particular Loan become Identified Funds and will be posted and transferred in accordance with the provisions of subparagraph (a), above. The Servicer will be responsible for escheating funds which, after reasonable due diligence, remain unidentifiable.
Unidentified Funds. In the event the Collateral Agent or the Depository Bank receives monies without adequate written instruction with respect to the proper Collateral Account into which such monies are to be deposited, the Depository Bank shall deposit such monies into the Revenue Account and notify the Borrower and each Agent of the receipt of such monies. Upon receipt of written instructions from the Borrower, the Depository Bank shall transfer such monies from the Revenue Account to the Collateral Account specified in such instructions.
Unidentified Funds. Collector will promptly transfer to the new tax collector any Unidentified Funds collected or held by Collector in its capacity as tax collector for the TCC, together with all information in Collector’s possession relating to the Unidentified Funds.
Unidentified Funds. All amounts deposited hereunder shall include written instruction as to the Account to which such amounts shall be credited. Notwithstanding anything to the contrary contained in this Agreement, in the event that the Depositary Agent receives funds without adequate instruction with respect to the proper Account into which such funds are to be deposited, the Depositary Agent shall deposit such funds into the Revenue Account and notify the Borrower and the Collateral Agent of the receipt of such funds. Upon receipt of written instructions from the Collateral Agent (acting at the written direction of the Administrative Agent), the Depositary Agent shall maintain such funds in the Revenue Account or transfer such funds from the Revenue Account to the Account specified by such instructions. Depositary Agent may rely without further inquiry on written instructions that adequately identify the Account to which any amount is to be deposited.
Unidentified Funds. In the event the Collateral Agent or the Depositary Bank receives monies without adequate written instruction with respect to the proper Account into which such monies are to be deposited, the Depositary Bank shall deposit such monies into the Construction Account, if prior to the Conversion Date, or the Revenue Account thereafter and notify the Borrower and each Agent of the receipt of such monies. Upon receipt of written instructions from the Borrower, the Depositary Bank shall transfer such monies from the Construction Account or the Revenue Account to the Account specified in such instructions (other than to the Distribution Account).
