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Borrower shall, within five (5) days of Administrative Agent's demand therefor, deposit into a \"blocked\" cash collateral account to be established with Administrative Agent (the \"Project Costs Cash Collateral Account\") (and held by Administrative Agent for the benefit of the Banks as hereinafter provided) an amount equal to the excess of (x) 100% of Borrower's Share of Total Project Costs over (y) the amount of equity actually invested by Borrower in the Premises as of the Final Equity Determination Date, as reasonably determined by Administrative Agent and specified by it in its demand to Borrower referred to above. Following Borrower's deposit into the Project Costs Cash Collateral Account as aforesaid, the Banks shall advance to Administrative Agent for deposit into the Project Costs Cash Collateral Account all remaining undisbursed proceeds of the Loans, if any, irrespective of whether or not Borrower has submitted a request for such advance to Administrative Agent as provided herein, such advance not to exceed, however, 80% of the then remaining Total Project Costs. Upon such advance, the unused Loan Commitments of the Banks, if any, in excess of 80% of the then remaining Total Project Costs shall automatically terminate.\n(c) Amounts deposited into the Project Costs Cash Collateral Account as aforesaid shall be invested by Administrative Agent in certificates of deposit or other money market instruments (each such certificate of deposit or money market instrument, a \"MM Instrument\") issued (and to be held) by Administrative Agent, the amounts and terms of which shall be acceptable to Administrative Agent. Borrower hereby assigns the Project Costs Cash Collateral Account and all sums therein, and all MM Instruments, including earnings thereon, to Administrative Agent, for the benefit of the Banks, as security for the payment and performance of Borrower's obligations under the Loan Documents and acknowledges that Borrower shall have no right to such sums or such MM Instruments except to the extent specifically provided for herein. Borrower further acknowledges that Administrative Agent shall retain possession of all documents evidencing the Project Costs Cash Collateral Account and any MM Instrument to perfect its security interests therein. Provided there exists no Default or Event of Default, Borrower shall be entitled to advances of sums in the Project Costs Cash Collateral Account, or invested in MM Instruments, for the payment of Total Project Costs upon its submission of a request therefor to Administrative Agent, which request shall certify (and demonstrate) that Borrower has incurred such Total Project Costs and shall be accompanied by such evidence of such incurrence as Administrative Agent may reasonably request. Notwithstanding the foregoing, upon the occurrence of an Event of Default, Administrative Agent may, upon the direction of the Required Banks, apply any and all sums in the Project Costs Cash Collateral Account and all sums invested in MM Instruments, including earnings thereon, to the immediate reduction of the Principal Amount and/or accrued and unpaid interest and/or other sums payable hereunder or under the Notes or other Loan Documents, in such order and amounts as the Required Banks shall elect. Administrative Agent is hereby appointed Borrower's attorney-in-fact for the purpose of withdrawing any and all sums from the Project Costs Cash Collateral Account and all sums invested in MM Instruments. 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