Common use of Existing Accounts Clause in Contracts

Existing Accounts. In the event that the Cash Manager desires to modify any of the arrangements relating to any of the bank accounts set forth on Schedule 4.03 to this Agreement (the "EXISTING ACCOUNTS") in accordance with the Cash Management Agreement, the Cash Manager shall deliver a certificate to the Servicer specifying in reasonable detail the modifications to be made with respect to any such Existing Accounts and certifying that any such modifications are in accordance with the applicable provisions of the Indenture and the Cash Management Agreement and the Servicer shall notify the relevant Lessees of such modifications and shall take such other actions as are incidental thereto in order to give effect to the foregoing.

Appears in 4 contracts

Samples: Servicing Agreement (Aerco LTD), Servicing Agreement (Aerco LTD), Servicing Agreement (Aerco LTD)

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