Nature of Collection Accounts Sample Clauses

Nature of Collection Accounts. Each Collection Account constitutes a “deposit account” within the meaning of the applicable UCC.
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Nature of Collection Accounts. Each Lock-Box Account constitutes a “deposit account” within the meaning of the applicable UCC.
Nature of Collection Accounts. Each Borrower Collection Account constitutes a “securities account” within the meaning of the applicable UCC, and each other Collection Account constitutes a “deposit account” within the meaning of the applicable UCC.
Nature of Collection Accounts. Each Collection Account constitutes a “deposit account” within the meaning of the applicable UCC. 65762333169 19631658 762333169 19631658 (ii)
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