Common use of Mandatory Replacement Account Clause in Contracts

Mandatory Replacement Account. (a) The Issuer will direct the Manager or Administrator to cause the deposit of all Net Disposition Proceeds realized from a Permitted Discretionary Sale, whether or not initially deposited into the Collections Account, into the Mandatory Replacement Account.

Mandatory Replacement Account. (a) The Issuer will direct the Manager or Administrator to cause the deposit of all the Net Disposition Proceeds realized from a Permitted Discretionary Sale, whether or not initially deposited into in the Collections Account, into the Mandatory Replacement Account.

Mandatory Replacement Account. (a) The Issuer will direct the Manager or Administrator to cause the deposit of all Net Disposition Proceeds realized from a Permitted Discretionary Sale, whether or not initially deposited into the Collections Account, Sale into the Mandatory Replacement Account.

Mandatory Replacement Account. (acg) The Issuer will direct the Manager or Administrator to cause the deposit of all Net Disposition Proceeds realized from a Permitted Discretionary Sale, whether or not initially deposited into the Collections Account, Sale into the Mandatory Replacement Account.

Mandatory Replacement Account. (a) The Issuer will direct the Manager Servicer or Administrator to cause the deposit of all Net Disposition Proceeds realized from a Permitted Discretionary Sale, whether or not initially deposited into the Collections Account, Sale into the Mandatory Replacement Account.

Mandatory Replacement Account. (a) The Issuer will direct the Manager Servicer or Administrator to cause the deposit of all Net Disposition Proceeds realized from a Permitted Discretionary Sale, whether or not initially deposited into the Collections Account, Sale into the Mandatory Replacement AccountAccount (or immediately to be applied toward the acquisition of Qualifying Replacement Railcars in Replacement Exchanges to the extent such sale and acquisition occurs simultaneously).