Common use of Interest Reserve Account Clause in Contracts

Interest Reserve Account. The Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained as a non-interest bearing Eligible Account. On each Master Servicer Remittance Date occurring in January (except during a leap year) or February (commencing in 2020) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020), the Certificate Administrator shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.

Interest Reserve Account. The Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained as a non-interest bearing Eligible Account. On each Master Servicer Remittance Date occurring in January (except during a leap year) or February (commencing in 20202023) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 20202023), the Certificate Administrator shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC 360 Rxxxxxxx XXXXX Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall 360 Rxxxxxxx Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre 100 Xxxxx Xxxxxx REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre the 100 Xxxxx Xxxxxx Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.

Interest Reserve Account. The Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained as a non-interest bearing Eligible Account. On each Master Servicer Remittance Date occurring in January (except during a leap year) or February (commencing in 20202022) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 20202022), the Certificate Administrator shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, Account and (2) to the Woodlands Mall 360 Spear REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.

Interest Reserve Account. The Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained as a non-interest bearing an Eligible Account. On each Master Servicer Remittance Date occurring in February and on any Master Servicer Remittance Date occurring in January (except during in a year which is not a leap year) or February (commencing in 2020) year (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Mortgage Loans that which accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Loan Rate (without regard to the second sentence of the definition thereof), less the Administrative Cost Rate, on the Stated Principal Balance of each such Trust Mortgage Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.

Interest Reserve Account. The Certificate Administrator Master Servicer shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, 's name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained maintained, at all times, as a non-interest bearing an Eligible Account, which the Master Servicer may (but shall not be obligated to) invest only in Permitted Investments in accordance with Section 3.06. On each Master Servicer Remittance Date occurring in February and each Master Servicer Remittance Date in January (except during of any year that is not a leap year, the Trustee shall withdraw (i) or February (commencing in 2020) (unlessfrom the REMIC I Distribution Account, in either such caserespect of each Mortgage Loan that accrues interest on an Actual/360 Basis (other than the FM Component Mortgage Loan, the related Distribution Date is SM Component Mortgage Loan and the final Distribution DateLM Component Mortgage Loan), and (ii) from the Component Mortgage Loan REMIC Distribution Account, in respect of the FM Component Mortgage Loan Senior Component, the SM Component Mortgage Loan Senior Component and the LM Component Mortgage Loan Senior Component and remit to the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s 's interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Mortgage Loan or the FM Component Mortgage Loan Senior Balance of the FM Component Mortgage Loan REMIC Senior Component or the SM Component Mortgage Loan Senior Balance of the SM Component Mortgage Loan REMIC Senior Component or the LM Component Mortgage Loan Senior Balance of the LM Component Mortgage Loan Senior Component as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “"Withheld Amounts”"). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator Master Servicer shall transfer (1) remit to the Lower-Tier Trustee for deposit into the REMIC I Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account with respect to clause (i) above and (3) to the Centre Component Mortgage Loan REMIC Distribution Account Account, the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve AccountAccount with respect to clause (ii) above.

Interest Reserve Account. The Certificate Administrator Master Servicer shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, 's name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained maintained, at all times, as a non-interest bearing an Eligible Account, which the Master Servicer may (but shall not be obligated to) invest only in Permitted Investments in accordance with Section 3.06. Each of the Interest Deposit Amount and the Initial Interest Reserve Deposit Amount shall be deposited in the Interest Reserve Account pursuant to Section 2.01 and shall be distributed on the first Distribution Date pursuant to Section 4.01. On each Master Servicer Remittance Date occurring in February and each Master Servicer Remittance Date in January (except during of any year that is not a leap year) or February (commencing in 2020) year (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to withdraw from the Certificate Administrator for Account, in respect of each Mortgage Loan that accrues interest on an Actual/360 Basis, and deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s 's interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Mortgage Loan or as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “"Withheld Amounts”"). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020or February, if the related Distribution Date is the final Distribution Date), the Certificate Administrator Master Servicer shall transfer (1) remit to the Lower-Tier Trustee for deposit into the REMIC I Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve AccountMortgage Loans.

Interest Reserve Account. The Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, for the benefit of the CertificateholdersTrust Certificateholders and the Uncertificated Interest Owners. The Interest Reserve Account shall be established and maintained as a non-interest bearing Eligible Account. On each Master Servicer Remittance Date occurring in January (except during a leap year) or February (commencing in 20202024) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 20202024), the Certificate Administrator shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, and (2) to the Woodlands Woodfield Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Woodfield Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.

Interest Reserve Account. The Certificate Administrator Master Servicer shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, 's name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained maintained, at all times, as a non-interest bearing an Eligible Account, which the Master Servicer may (but shall not be obligated to) invest only in Permitted Investments in accordance with Section 3.06. On each Master Servicer Remittance Date occurring in February and each Master Servicer Remittance Date in January (except during of any year that is not a leap year, the Trustee shall withdraw (i) or February (commencing in 2020) (unlessfrom the REMIC I Distribution Account, in either such caserespect of each Mortgage Loan which accrues interest on an Actual/360 Basis (other than the CC Component Mortgage Loan, the related Distribution Date is SS Component Mortgage Loan and the final Distribution DateUH Component Mortgage Loan), and (ii) from the Component Mortgage Loan REMIC Distribution Account, in respect of the CC Component Mortgage Loan Senior Component and remit to the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s 's interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Mortgage Loan or the CC Component Mortgage Loan Senior Balance of the CC Component Mortgage Loan REMIC Senior Component, the SS Component Mortgage Loan Senior Balance of the SS Component Mortgage Loan Senior Component or the UH Component Mortgage Loan Senior Balance of the UH Component Mortgage Loan Senior Component as of the close of business on the Distribution Due Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “"Withheld Amounts”"). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator Master Servicer shall transfer (1) remit to the Lower-Tier Trustee for deposit into the REMIC I Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account with respect to clause (i) above and (3) to the Centre Component Mortgage Loan REMIC Distribution Account Account, the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve AccountAccount with respect to clause (ii) above.

Interest Reserve Account. (uuu) The Certificate Administrator Trustee shall establish and maintain maintain, at and upon the direction of the Servicer, the Interest Reserve Account with a Qualified Institution, which may be the Trustee in the Certificate Administrator’s namename of the Trust, on behalf of the TrusteeTrust, for the benefit of the Class A Certificateholders, a segregated trust account with the corporate trust department of such Qualified Institution, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class A Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Reserve Account and in all proceeds thereof. The Interest Reserve Account shall be established under the sole dominion and maintained as control of the Trustee for the benefit of the Class A Certificateholders. If at any time the institution holding the Interest Reserve Account ceases to be a non-interest bearing Eligible Qualified Institution, the Seller shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Reserve Account meeting the conditions specified above with a Qualified Institution, and shall transfer any cash or any investments to such new Interest Reserve Account. (vvv) Funds on deposit in the Interest Reserve Account shall be invested at the direction of the Swap Counterparty by the Trustee in Permitted Investments. Funds on deposit in the Interest Reserve Account on any Transfer Date shall be invested in such investments that will mature so that such funds will be available for withdrawal on or prior to the following Transfer Date. The Trustee shall maintain for the benefit of the Class A Certificateholders possession of the negotiable instruments or securities, if any, evidencing such Permitted Investments. No Permitted Investment shall be disposed of prior to its maturity. On each Master Servicer Remittance Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date occurring on funds on deposit in January the Interest Reserve Account shall be retained in the Interest Reserve Account to the extent that the Required Interest Reserve Amount exceeds the amount on deposit in the Interest Reserve Account. To the extent that the amount on deposit in the Interest Reserve Account exceeds the Required Interest Reserve Amount (except during a leap year) or February (commencing in 2020) (unless, in either after taking into effect any withdrawals required to be made on such case, the related Distribution Date is the final Distribution Transfer Date), the Master Servicer amount of such excess shall remit to the Certificate Administrator for deposit into be withdrawn from the Interest Reserve AccountAccount and distributed to the Swap Counterparty on such Transfer Date. For purposes of determining the availability of funds or the balance in the Interest Reserve Account for any reason under this Series Supplement, except as otherwise provided in respect of all the Trust Loans preceding sentence, investment earnings on such funds shall be deemed not to be available or on deposit. (www) In the event that accrue interest the Interest Rate Swap terminates due to a default by the Swap Counterparty, on the basis Transfer Date on or immediately following such termination, the Trustee, at the direction of a 360-day year and the actual number of days in the related monthServicer, shall withdraw an amount equal to one day’s interest at the related least of (i) the Net Mortgage Rate Swap Receipt, if any, with respect to such Transfer Date plus the amount of any Net Swap Receipt previously due but not paid to the Trust, (ii) the amount on deposit in the Stated Principal Balance Interest Reserve Account on such Transfer Date and (iii) the Required Interest Reserve Amount, from the Interest Reserve Account and shall deposit such amount in the Finance Charge Account to be included in Class A Available Funds with respect to such Transfer Date and give notice of such withdrawal to each such Trust Loan as Rating Agency. (xxx) Upon the earliest to occur of (i) the Transfer Date on or immediately following the termination of the close of business on Interest Rate Swap, (ii) the Distribution Transfer Date in the month immediately preceding the month in which such Master Servicer Remittance Scheduled Payment Date, (iii) the termination of the Trust pursuant to Article XII of the Agreement, (iv) the Series 1997-F Termination Date occurs, and (v) the first Transfer Date relating to the extent a Monthly Payment or P&I Advance is Rapid Amortization Period (after taking into account all payments to be made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in on such month) of each calendar year (commencing in 2020date), the Certificate Administrator shall transfer (1) Trustee, acting in accordance with the instructions of the Servicer, after the prior payment of all amounts owing to the LowerSeries 1997-Tier REMIC Distribution F Certificateholders that are payable from the Interest Reserve Account as provided herein, shall withdraw from the aggregate of all Withheld Amounts with respect Interest Reserve Account and pay to the Mortgage Loans Swap Counterparty pursuant to the terms of the Interest Rate Swap, all amounts, if any, on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in and the Interest Reserve Account and (3) shall be deemed to the Centre REMIC Distribution Account the aggregate have terminated for purposes of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Accountthis Series Supplement.

Interest Reserve Account. (a) The Certificate Administrator Trustee shall establish and maintain maintain, at and upon the direction of the Servicer, the Interest Reserve Account with a Qualified Institution, which may be the Trustee in the Certificate Administrator’s namename of the Trust, on behalf of the TrusteeTrust, for the benefit of the Class A Certificateholders, a segregated trust account with the corporate trust department of such Qualified Institution, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class A Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Reserve Account and in all proceeds thereof. The Interest Reserve Account shall be established under the sole dominion and maintained as control of the Trustee for the benefit of the Class A Certificateholders. If at any time the institution holding the Interest Reserve Account ceases to be a non-interest bearing Eligible Qualified Institution, the Seller shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Reserve Account meeting the conditions specified above with a Qualified Institution, and shall transfer any cash or any investments to such new Interest Reserve Account. (b) Funds on deposit in the Interest Reserve Account shall be invested at the direction of the Swap Counterparty by the Trustee in Permitted Investments. Funds on deposit in the Interest Reserve Account on any Transfer Date shall be invested in such investments that will mature so that such funds will be available for withdrawal on or prior to the following Transfer Date. The Trustee shall maintain for the benefit of the Class A Certificateholders possession of the negotiable instruments or securities, if any, evidencing such Permitted Investments. No Permitted Investment shall be disposed of prior to its maturity. On each Master Servicer Remittance Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date occurring on funds on deposit in January the Interest Reserve Account shall be retained in the Interest Reserve Account to the extent that the Required Interest Reserve Amount exceeds the amount on deposit in the Interest Reserve Account. To the extent that the amount on deposit in the Interest Reserve Account exceeds the Required Interest Reserve Amount (except during a leap year) or February (commencing in 2020) (unless, in either after taking into effect any withdrawals required to be made on such case, the related Distribution Date is the final Distribution Transfer Date), the Master Servicer amount of such excess shall remit to the Certificate Administrator for deposit into be withdrawn from the Interest Reserve AccountAccount and distributed to the Swap Counterparty on such Transfer Date. For purposes of determining the availability of funds or the balance in the Interest Reserve Account for any reason under this Series Supplement, except as otherwise provided in respect of all the Trust Loans preceding sentence, investment earnings on such funds shall be deemed not to be available or on deposit. (c) In the event that accrue interest the Interest Rate Swap terminates due to a default by the Swap Counterparty, on the basis Transfer Date on or immediately following such termination, the Trustee, at the direction of a 360-day year and the actual number of days in the related monthServicer, shall withdraw an amount equal to one day’s interest at the related least of (i) the Net Mortgage Rate Swap Receipt, if any, with respect to such Transfer Date plus the amount of any Net Swap Receipt previously due but not paid to the Trust, (ii) the amount on deposit in the Stated Principal Balance Interest Reserve Account on such Transfer Date and (iii) the Required Interest Reserve Amount, from the Interest Reserve Account and shall deposit such amount in the Finance Charge Account to be included in Class A Available Funds with respect to such Transfer Date and give notice of such withdrawal to each such Trust Loan as Rating Agency. (d) Upon the earliest to occur of (i) the Transfer Date on or immediately following the termination of the close of business on Interest Rate Swap, (ii) the Distribution Transfer Date in the month immediately preceding the month in which such Master Servicer Remittance Scheduled Payment Date, (iii) the termination of the Trust pursuant to Article XII of the Agreement, (iv) the Series 1997-I Termination Date occurs, and (v) the first Transfer Date relating to the extent a Monthly Payment or P&I Advance is Rapid Amortization Period (after taking into account all payments to be made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in on such month) of each calendar year (commencing in 2020date), the Certificate Administrator shall transfer (1) Trustee, acting in accordance with the instructions of the Servicer, after the prior payment of all amounts owing to the LowerSeries 1997-Tier REMIC Distribution I Certificateholders that are payable from the Interest Reserve Account as provided herein, shall withdraw from the aggregate of all Withheld Amounts with respect Interest Reserve Account and pay to the Mortgage Loans Swap Counterparty pursuant to the terms of the Interest Rate Swap, all amounts, if any, on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in and the Interest Reserve Account shall be deemed to have terminated for purposes of this Series Supplement. SECTION 8. Article V of the Agreement8. Article V of the Agreement. Article V of the Agreement shall read in its entirety as follows and (3) shall be applicable only to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.Investor Certificateholders: ARTICLE V DISTRIBUTIONS AND REPORTS TO INVESTOR CERTIFICATEHOLDERS SECTION 5.01 Distributions5.01

Interest Reserve Account. The Certificate Administrator Master Servicer shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, 's name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained maintained, at all times, as a non-interest bearing an Eligible Account, which the Master Servicer may (but shall not be obligated to) invest only in Permitted Investments in accordance with Section 3.06. On each Master Servicer Remittance Date occurring in February and each Master Servicer Remittance Date in January (except during of any year that is not a leap year) or February (commencing in 2020) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to withdraw (i) from the Certificate Administrator for Account, in respect of each Mortgage Loan (other than the Fashion Show Mall Mortgage Loan) that accrues interest on an Actual/360 Basis (other than the CP Component Mortgage Loan), and (ii) from the Certificate Account, in respect of the CP Component Mortgage Loan Senior Component and deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s 's interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Mortgage Loan or the CP Component Mortgage Loan Senior Balance as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “"Withheld Amounts”"). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator Master Servicer shall transfer (1) remit to the Lower-Tier Trustee for deposit into the REMIC I Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account with respect to clause (i) above and (3) to the Centre Component Mortgage Loan REMIC Distribution Account Account, the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve AccountAccount with respect to clause (ii) above.

Interest Reserve Account. The Certificate Administrator Trustee shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, 's name for the benefit of the Certificateholders. The Interest Reserve Account may be a sub-account of the Distribution Account. The Interest Reserve Account shall be established and maintained maintained, at all times, as a non-interest bearing an Eligible Account, which the Trustee may (but shall not be obligated to) invest only in Permitted Investments in accordance with Section 3.06. On each Master Servicer Remittance Date occurring in February and each Master Servicer Remittance Date in January (except during of any year which is not a leap year, the Trustee shall withdraw (i) or February (commencing in 2020) (unlessfrom the REMIC I Distribution Account, in either such case, respect of each Mortgage Loan which accrues interest on an Actual/360 Basis (other than the related Distribution Date is ES Component Mortgage Loan and the final Distribution DateSB Component Mortgage Loan), and (ii) from the Master Servicer shall remit to Component Mortgage Loan REMIC Distribution Account, in respect of the Certificate Administrator for ES Component Mortgage Loan Senior Component and deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one (1) day’s 's interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Mortgage Loan or the ES Component Mortgage Loan Senior Balance of the ES Component Mortgage Loan REMIC Senior Component or the SB Component Mortgage Loan Senior Balance of the SB Component Mortgage Loan Senior Component as of the close of business on the Distribution Due Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “"Withheld Amounts”"). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator Trustee shall transfer (1) to the Lower-Tier REMIC I Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account with respect to clause (i) above and (3) to the Centre Component Mortgage Loan REMIC Distribution Account Account, the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve AccountAccount with respect to clause (ii) above.

Interest Reserve Account. The Certificate Administrator Master Servicer shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, 's name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained maintained, at all times, as a non-interest bearing an Eligible Account, which the Master Servicer may (but shall not be obligated to) invest only in Permitted Investments in accordance with Section 3.06. On each Master Servicer Remittance Date occurring in February and each Master Servicer Remittance Date in January (except during of any year that is not a leap year) or February (commencing in 2020) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to withdraw from the Certificate Administrator for Account, in respect of each Mortgage Loan (other than any Non-Serviced Mortgage Loan) that accrues interest on an Actual/360 Basis, and deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s 's interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Mortgage Loan or as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “"Withheld Amounts”"). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator Master Servicer shall transfer (1) remit to the Lower-Tier Trustee for deposit into the REMIC I Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account with respect to Mortgage Loans (other than the Torre Mayor Pari Passu Note A-2 Mortgage Loan) and (3) to into the Centre Torre Mayor Loan REMIC Distribution Account Account, the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve AccountAccount with respect to the Torre Mayor Pari Passu Note A-2 Mortgage Loan.

Interest Reserve Account. The Certificate Administrator Trustee shall establish and maintain the Interest Reserve Account in the Certificate AdministratorTrustee’s name, on behalf of the Trustee, name for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained as a non-interest bearing an Eligible Account. On each Master Servicer Remittance Date occurring in February and on any Master Servicer Remittance Date occurring in January (except during in a year which is not a leap year) or February (commencing in 2020) year (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator Trustee for deposit into the Interest Reserve Account, in respect of all the Trust Mortgage Loans that which accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Loan Rate (without regard to the second sentence of the definition thereof), less the Administrative Cost Rate, on the Stated Principal Balance of each such Trust Mortgage Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2020)year, the Certificate Administrator Trustee shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution Account the aggregate of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.

Interest Reserve Account. (uuu) The Certificate Administrator Trustee shall establish and maintain maintain, at and upon the direction of the Servicer, the Interest Reserve Account with a Qualified Institution, which may be the Trustee in the Certificate Administrator’s namename of the Trust, on behalf of the TrusteeTrust, for the benefit of the Class A Certificateholders, a segregated trust account with the corporate trust department of such Qualified Institution, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class A Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Interest Reserve Account and in all proceeds thereof. The Interest Reserve Account shall be established under the sole dominion and maintained as control of the Trustee for the benefit of the Class A Certificateholders. If at any time the institution holding the Interest Reserve Account ceases to be a non-interest bearing Eligible Qualified Institution, the Seller shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Interest Reserve Account meeting the conditions specified above with a Qualified Institution, and shall transfer any cash or any investments to such new Interest Reserve Account. (vvv) Funds on deposit in the Interest Reserve Account shall be invested at the direction of the Swap Counterparty by the Trustee in Permitted Investments. Funds on deposit in the Interest Reserve Account on any Transfer Date shall be invested in such investments that will mature so that such funds will be available for withdrawal on or prior to the following Transfer Date. The Trustee shall maintain for the benefit of the Class A Certificateholders possession of the negotiable instruments or securities, if any, evidencing such Permitted Investments. No Permitted Investment shall be disposed of prior to its maturity. On each Master Servicer Remittance Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date occurring on funds on deposit in January the Interest Reserve Account shall be retained in the Interest Reserve Account to the extent that the Required Interest Reserve Amount exceeds the amount on deposit in the Interest Reserve Account. To the extent that the amount on deposit in the Interest Reserve Account exceeds the Required Interest Reserve Amount (except during a leap year) or February (commencing in 2020) (unless, in either after taking into effect any withdrawals required to be made on such case, the related Distribution Date is the final Distribution Transfer Date), the Master Servicer amount of such excess shall remit to the Certificate Administrator for deposit into be withdrawn from the Interest Reserve AccountAccount and distributed to the Swap Counterparty on such Transfer Date. For purposes of determining the availability of funds or the balance in the Interest Reserve Account for any reason under this Series Supplement, except as otherwise provided in respect of all the Trust Loans preceding sentence, investment earnings on such funds shall be deemed not to be available or on deposit. (www) In the event that accrue interest the Interest Rate Swap terminates due to a default by the Swap Counterparty, on the basis Transfer Date on or immediately following such termination, the Trustee, at the direction of a 360-day year and the actual number of days in the related monthServicer, shall withdraw an amount equal to one day’s interest at the related least of (i) the Net Mortgage Rate Swap Receipt, if any, with respect to such Transfer Date plus the amount of any Net Swap Receipt previously due but not paid to the Trust, (ii) the amount on deposit in the Stated Principal Balance Interest Reserve Account on such Transfer Date and (iii) the Required Interest Reserve Amount, from the Interest Reserve Account and shall deposit such amount in the Finance Charge Account to be included in Class A Available Funds with respect to such Transfer Date and give notice of such withdrawal to each such Trust Loan as Rating Agency. (xxx) Upon the earliest to occur of (i) the Transfer Date on or immediately following the termination of the close of business on Interest Rate Swap, (ii) the Distribution Transfer Date in the month immediately preceding the month in which such Master Servicer Remittance Scheduled Payment Date, (iii) the termination of the Trust pursuant to Article XII of the Agreement, (iv) the Series 1997-F Termination Date occurs, and (v) the first Transfer Date relating to the extent a Monthly Payment or P&I Advance is Rapid Amortization Period (after taking into account all payments to be made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in on such month) of each calendar year (commencing in 2020date), the Certificate Administrator shall transfer (1) Trustee, acting in accordance with the instructions of the Servicer, after the prior payment of all amounts owing to the LowerSeries 1997-Tier REMIC Distribution F Certificateholders that are payable from the Interest Reserve Account as provided herein, shall withdraw from the aggregate of all Withheld Amounts with respect Interest Reserve Account and pay to the Mortgage Loans Swap Counterparty pursuant to the terms of the Interest Rate Swap, all amounts, if any, on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall Trust Subordinate Companion Loan on deposit in and the Interest Reserve Account and (3) shall be deemed to the Centre REMIC Distribution Account the aggregate have terminated for purposes of all Withheld Amounts with respect to The Centre Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.this Series Supplement. SECTION 8. Article V

Interest Reserve Account. The Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name, on behalf of the Trustee, for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained as a non-interest bearing Eligible Account. On each Master Servicer Remittance Date occurring in January (except during a leap year) or February (commencing in 20202023) (unless, in either such case, the related Distribution Date is the final Distribution Date), the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of all the Trust Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month, an amount equal to one day’s interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Trust Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 20202023), the Certificate Administrator shall transfer (1) to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts with respect to the Mortgage Loans on deposit in the Interest Reserve Account, (2) to the Woodlands Mall REMIC 360 Xxxxxxxx XXXXX Distribution Account the aggregate of all Withheld Amounts with respect to the Woodlands Mall 360 Xxxxxxxx Trust Subordinate Companion Loan on deposit in the Interest Reserve Account and (3) to the Centre REMIC Distribution 000 Xxxxx Xxxxxx XXXXX Xxxxxxxxxxxx Account the aggregate of all Withheld Amounts with respect to The Centre the 000 Xxxxx Xxxxxx Trust Subordinate Companion Loan on deposit in the Interest Reserve Account.