Concentration Account Bank

Concentration Account Bank. On or prior to the Closing Date and from time to time, the Servicer shall establish and maintain or cause to be established and maintained in the name of the Agent for the benefit of the Purchaser Parties and the Transferor, as their interests may appear, one or more segregated accounts with PNC accessible by the Agent and, subject to the limitations set forth in this Section 5.05, the Servicer (any such ------------ ... account being the "Concentration Accounts" and such institution holding ---------------------- such accounts being the "Concentration Account Bank"), such accounts -------------------------- shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Purchaser Parties. View More

Concentration Account Bank. U.S. Bank, Wachovia Bank, National Association, or any other bank selected by the Servicer from time to time for the purpose of receiving Collections from Obligors which is a Qualified Institution and enters into an agreement similar to the Intercreditor Agreement (and provides for joinder by the Issuer).