AMENDED AND RESTATED CONTROLLED ACCOUNT AGREEMENT (WATERFALL ACCOUNT)Controlled Account Agreement • March 17th, 2014 • Ares Commercial Real Estate Corp • Real estate investment trusts • New York
AMENDED AND RESTATED CONTROLLED ACCOUNT AGREEMENT (WATERFALL ACCOUNT) (this “Agreement”) is entered into as of December 20, 2013 by and among ACRC Lender W LLC (“Existing Seller”) and ACRC Lender W TRS LLC (“New Seller” and together with Existing Seller, collectively, “Debtor”), Wells Fargo Bank, National Association, as secured party (in such capacity, “Secured Party”), and Wells Fargo Bank, National Association, a national banking association, as depository bank (“Bank”) with respect to the following:
