Common use of Realisation Accounts Clause in Contracts

Realisation Accounts. If the Buyer or the Agent enforces the Security, the Buyer or the Agent may open and maintain with such financial institutions as it thinks fit one or more interest-bearing realisation accounts and pay any moneys it holds or receives under or pursuant to this Deed into any such realisation account pending the application of such moneys in accordance with the Receivables Offer Deed, including without limitation Clauses 5.1(i) (Collections) and 8 (Administration and Collection) thereof.