Common use of Designated Account Property Clause in Contracts

Designated Account Property. The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Initial Deposit and the Class N Reserve Account Initial Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

Appears in 10 contracts

Samples: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P2), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P2), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P1)

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Designated Account Property. The Designated Accounts, all cash, investments, Financial Assets, securities amounts and investment property investments held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities uncertificated securities or otherwise), including the Reserve Account Initial Deposit and the Class N Reserve Account Fund Initial Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereonforegoing.

Appears in 2 contracts

Samples: Trust Sale and Servicing Agreement (Wholesale Auto Receivables Corp), Pooling and Servicing Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1)

Designated Account Property. The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Initial Deposit and the Class N Reserve Account Initial Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-N1), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-N1)

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Designated Account Property. The Designated Accounts, all cash, investments, Financial Assets, securities amounts and investment property investments held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities uncertificated securities or otherwise), including the Reserve Account Initial Deposit and the Class N Reserve Account Initial Deposit, ) and all proceeds of the foregoing but excluding all Investment Earnings thereonforegoing. Designated Accounts: Collectively, the Collection Account and the Note Distribution Account.

Appears in 1 contract

Samples: Pooling Agreement (Navistar Financial Corp)

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