Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of WFRBS Commercial Mortgage Trust 2014-C22, Commercial Mortgage Pass-Through Certificates, Series 2014-C22, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator in the name of the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled “Deutsche Bank Trust Company Americas [or name of any successor Trustee], as Trustee, in trust for the registered holders of RBS Commercial Funding Inc., Commercial Mortgage Pass-Through Certificates, Series 2012-C7, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account means the segregated account or accounts (or the segregated sub-account of the Collection Account) created and maintained by the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled "[NAME OF TRUSTEE], as Trustee, in trust for the registered holders of LB-UBS Commercial Mortgage Trust 2006-C1, Commercial Mortgage Pass-Through Certificates, Series 0000-X0".
Examples of Excess Liquidation Proceeds Account in a sentence
Furthermore, as and when required pursuant to Section 3.05(d), the Certificate Administrator shall transfer monies from the Excess Liquidation Proceeds Account to the Distribution Account.
Each account that constitutes the Excess Liquidation Proceeds Account shall be an Eligible Account (or a separately identified sub-account of the Distribution Account, provided that for all purposes of this Agreement (including the obligations of the Certificate Administrator hereunder) such account shall be considered to be and shall be required to be treated as separate and distinct from the Distribution Account).
The Certificate Administrator shall also deposit in the Excess Liquidation Proceeds Account from its own funds any amounts required to be deposited by the Certificate Administrator pursuant to Section 3.06 in connection with losses incurred with respect to Permitted Investments of funds held in the Excess Liquidation Proceeds Account.
Each account that constitutes the Excess Liquidation Proceeds Account shall be an Eligible Account.
The Trustee shall give notice to the Master Servicer, the Special Servicer and the Rating Agencies of any change in the location of the Collection Account, the Interest Reserve Account or the Excess Liquidation Proceeds Account prior to any change thereof.
More Definitions of Excess Liquidation Proceeds Account
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) of the Pooling and Servicing Agreement for the benefit of the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Deutsche Bank Trust Company Americas [or name of any successor Trustee], as Trustee for the benefit of the registered holders of WFRBS Commercial Mortgage Trust 2013-C18, Commercial Mortgage Pass-Through Certificates, Series 2013-C18, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “Wxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of Wxxxx Fargo Commercial Mortgage Trust 2015-NXS1, Commercial Mortgage Pass-Through Certificates, Series 2015-NXS1, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account means the segregated account created and maintained by the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled "[______], as Trustee, in trust for the registered Holders of CWCapital Commercial Funding Corp., Commercial Mortgage Trust 200_-___, Commercial Mortgage Pass-Through Certificates, Series 200_-___."
Excess Liquidation Proceeds Account. The segregated account (or the sub account of the Distribution Account) created and maintained by the Certificate Administrator in the name of the Buyer/Secured Party pursuant to the Pooling and Servicing Agreement, in trust for the Certificateholders.
Excess Liquidation Proceeds Account means the segregated account created and maintained by the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled "Wells Fargo Bank, N.A., as Trustee, xx xrust for the registered Holders of COBALT CMBS Commercial Mortgage Trust 2007-C2, Commercial Mortgage Pass-Through Certificates, Series 2007-C2."
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “[CERTIFICATE ADMINISTRATOR] [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of [TRUSTEE] [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of SG Commercial Mortgage Securities, LLC, Commercial Mortgage Pass-Through Certificates, Series Series 20[__]-[____], Excess Liquidation Proceeds Account.”
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) of the Pooling and Servicing Agreement for the benefit of the Certificateholders, which shall be entitled “[_______________] [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of [_______________] [or name of any successor Trustee], as Trustee for the benefit of the registered holders of SG Commercial Mortgage Trust [____]-[__],Commercial Mortgage Pass-Through Certificates, Series [____]-[__], Excess Liquidation Proceeds Account”.