Common use of Establishment of Accounts Clause in Contracts

Establishment of Accounts. (a) The Servicer shall establish and maintain an Eligible Account with the Securities Intermediary in the name of the Indenture Trustee for the benefit of (i) the Securityholders (the “Collection Account”), (ii) the Noteholders (the “Note Distribution Account”), (iii) the Securityholders (the “Reserve Fund”) and (iv) the Securityholders (the “Yield Supplement Account”), in each case, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related Securityholders. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible Institution.

Establishment of Accounts. (a) The Servicer shall establish and maintain an Eligible Account with the Securities Intermediary and in the name of the Indenture Trustee for the benefit of (i) the Securityholders (the “"Collection Account”"), (ii) the Noteholders (the “"Note Distribution Account”"), (iii) the Securityholders Noteholders (the “"Reserve Fund”) and "), (iv) the Securityholders (the “"Yield Supplement Account”") and (v) the Securityholders (the "Payahead Account"), in each case, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related Securityholders. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible Institution.

Establishment of Accounts. (a) The Servicer shall establish and maintain an Eligible Account with the Securities Intermediary in the name of the Indenture Trustee for the benefit of (i) the Securityholders (the “Collection Account”), (ii) the Noteholders (the “Note Distribution Account”), (iii) the Securityholders (the “Reserve Fund”) and (iv) the Securityholders (the “Yield Supplement Account”), in each case, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related Securityholders. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible InstitutionInstitution within 30 days.

Establishment of Accounts. (a) The Servicer shall establish and maintain an Eligible Account with the Securities Intermediary and in the name of the Indenture Trustee for the benefit of (i) the Securityholders (the “Collection Account”), (ii) the Noteholders (the “Note Distribution Account”), (iii) the Securityholders Noteholders (the “Reserve Fund”) and ), (iv) the Securityholders (the “Yield Supplement Account”) and (v) the Securityholders (the “Payahead Account”), in each case, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related Securityholders. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible Institution.

Establishment of Accounts. (a) The Servicer shall establish and maintain an Eligible Account with the Securities Intermediary and in the name of the Indenture Trustee for the benefit of (i) the Securityholders (the “"Collection Account”"), (ii) the Noteholders (the “"Note Distribution Account”"), (iii) the Securityholders (the “"Reserve Fund”) and "), (iv) the Securityholders (the “"Yield Supplement Account”") and (v) the Securityholders (the "Payahead Account"), in each case, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related Securityholders. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible Institution.

Establishment of Accounts. (a) The Servicer shall establish and maintain an Eligible Account with the Securities Intermediary and in the name of the Indenture Trustee for the benefit of (i) the Securityholders and the Insurer (the “"Collection Account”"), (ii) the Noteholders (the “"Note Distribution Account”), ") and (iii) the Securityholders and the Insurer (the “"Reserve Fund”) and (iv) the Securityholders (the “Yield Supplement Account”"), in each case, case bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related SecurityholdersSecurityholders and, in the case of the Collection Account and the Reserve Fund, the Insurer. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible Institution.

Establishment of Accounts. (a) The Master Servicer shall establish and maintain an Eligible Account with the Securities Intermediary and in the name of the Indenture Trustee for the benefit of (i) the Securityholders and the Insurer (the “"Collection Account”"), (ii) the Noteholders (the “"Note Distribution Account”), ") and (iii) the Securityholders and the Insurer (the “"Reserve Fund”) and (iv) the Securityholders (the “Yield Supplement Account”"), in each case, case bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the related SecurityholdersSecurityholders and, in the case of the Collection Account and the Reserve Fund, the Insurer. Except as otherwise provided in this Agreement, in the event that the Indenture Trustee is no longer an Eligible Institution, the Master Servicer shall, with the assistance of the Indenture Trustee as necessary, cause the Accounts to be moved to an Eligible Institution.