Document ID: 15778

Text:
(a)Borrower shall, simultaneously herewith, establish an Eligible Account with Wells Fargo Bank, National Association (the Restricted Account) pursuant to the Restricted Account Agreement in the name of ARC NYC123WILLIAM, LLC <sup> for the sole and exclusive benefit of Lender into which Borrower shall deposit, or cause to be deposited, all revenue generated by the Property. Pursuant to the Restricted Account Agreement, funds on deposit in the Restricted Account shall be transferred on each Business Day to the Cash Management Account.

Named Entities:
14
19
Parties
28
30
Title
35
38
Parties

Tokenized Text:
(
a
)
Borrower
shall
,
simultaneously
herewith
,
establish
an
Eligible
Account
with
Wells
Fargo
Bank
,
National
Association
(
the
Restricted
Account
)
pursuant
to
the
Restricted
Account
Agreement
in
the
name
of
ARC
NYC123WILLIAM
,
LLC
<
sup
>
for
the
sole
and
exclusive
benefit
of
Lender
into
which
Borrower
shall
deposit
,
or
cause
to
be
deposited
,
all
revenue
generated
by
the
Property
.
Pursuant
to
the
Restricted
Account
Agreement
,
funds
on
deposit
in
the
Restricted
Account
shall
be
transferred
on
each
Business
Day
to
the
Cash
Management
Account
.