Common use of Servicer Accounts Clause in Contracts

Servicer Accounts. Neither SouthernCo, as Servicer, nor any Subservicer shall instruct any Obligor to remit payments to any account other than a Servicer Master Collection Account listed on Schedule G-1 attached hereto, as such schedule may be updated by the Servicer pursuant to Section 6.04(t). SouthernCo, as Servicer, will not enter into any “control agreement” (as defined in the relevant UCC) with respect to any Servicer Account other than as set forth in, or permitted pursuant to the Intercreditor Agreement. ARTICLE SEVEN ADMINISTRATION AND SERVICING OF CONTRACTS Section 7.01.

Servicer Accounts. Neither SouthernCo, as Servicer, nor any Subservicer shall instruct any Obligor to remit payments to any account other than a Servicer Master Collection Deposit Account listed on Schedule G-1 G-2 attached hereto, as such schedule may be updated by the Servicer pursuant to Section 6.04(t). SouthernCo, as Servicer, shall not create or participate in the creation of, or permit to exist, any Liens and will not enter into any “control agreement” (as defined in the relevant UCC) with respect to any Servicer Account other than as set forth in, or permitted pursuant to the Intercreditor Agreement. ARTICLE SEVEN ADMINISTRATION AND SERVICING OF CONTRACTS Section 7.01.