Required Deposits to the Accounts Sample Clauses

Required Deposits to the Accounts. (a) The Company shall cause the following amounts to be paid to the Trustee for deposit to the accounts established pursuant to Section 13.03:
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Required Deposits to the Accounts. (a) The following amounts shall be paid to the Collateral Agent and deposited as follows: all amounts representing payments in respect of Designated Auto Loans (including, without limitation, all Recoveries, all late charges, all payments in respect of the Repurchase Price of Designated Auto Loans repurchased by Monaco in accordance with the Loan Acquisition Agreement and, subject to Section 4(a)(iii), all other Proceeds of the Collateral) shall be deposited in the Collateral Account; all amounts in respect of principal of Permitted Investments shall be deposited in the Collateral Account; all amounts representing Insurance Proceeds in respect of Designated Auto Loans shall be deposited in the Collateral Account; all amounts representing repossession proceeds in respect of Designated Auto Loans shall be deposited in the Collateral Account; and all other amounts paid to the Borrower under the Program Documents, other than indemnity payments made to the Borrower in respect of Designated Auto Loans, and all investment earnings on Permitted Investments shall be deposited in the Collateral Account. The Collateral Agent is hereby irrevocably authorized and empowered, as the Borrower's attorney-in-fact, to endorse any check or any other instrument or security presented for deposit in the Collateral Account requiring the endorsement of the Borrower; provided, however, the foregoing authorizations shall not create any duty or obligation on the part of the Collateral Agent. Notwithstanding the foregoing provisions of this Section 6.02, if at any time the Borrower, Monaco or any Person on behalf of the Borrower or Monaco (including the Servicer under the Servicing Agreement), receives any proceeds or payments required to be deposited in the Collateral Account, all such amounts shall be held by the Borrower, Monaco or such other person as the agent of, and in trust for, the Collateral Agent and shall, forthwith upon receipt by and in any event no later than two Business Days following receipt by the Borrower, Monaco or such other Person, be turned over to the Collateral Agent for deposit to the Collateral Account, in the same form as received by the Borrower, Monaco or such other Person (and, if received in the form of a check, instrument or security requiring endorsement, duly endorsed on behalf of the Borrower, Monaco or such other Person to the order of the Collateral Agent).
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Required Deposits to the Accounts. (a) The Borrower shall cause the following amounts to be paid to the Collateral Agent for deposit to the accounts established pursuant to Section 6.01:
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Related to Required Deposits to the Accounts

  • Targeted Deposits to the Accumulation Reserve Account The deposit targeted to be made to the Accumulation Reserve Account for any Monthly Period during the Accumulation Reserve Funding Period will be an amount equal to the Required Accumulation Reserve sub-Account Amount.

  • Designated Accounts The Collection Account, the Note Distribution Account and the Reserve Account, collectively. Determination Date: The tenth day of each calendar month, or if such tenth day is not a Business Day, the next succeeding Business Day. Discount Rate: 0.00% per annum.

  • Deposits to the Collection Account On behalf of the Trust Fund, the Master Servicer shall deposit or cause to be deposited in the clearing account (which account must be an Eligible Account) in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than one Business Day after the Master Servicer's receipt thereof, and shall thereafter deposit in the Collection Account, in no event more than two Business Days after the deposit of such funds into the clearing account, as and when received or as otherwise required hereunder, and retain therein, the following payments and collections received or made by it subsequent to the Cut-off Date with respect to the Mortgage Loans, or payments (other than Principal Prepayments) received by it on or prior to the Cut-off Date but allocable to a Due Period subsequent thereto:

  • Deposits to the Collection Account and Special Payments Account (a) The Subordination Agent shall, upon receipt thereof, deposit in the Collection Account all Scheduled Payments received by it (other than any Scheduled Payment which by the express terms hereof is to be deposited to a Cash Collateral Account).

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Withdrawals from the Collection Account and Distribution Account (a) The Servicer shall, from time to time, make withdrawals from the Collection Account for any of the following purposes or as described in Section 4.03:

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Deposits to the Bank Account 3.1 The Selling Agents shall promptly deliver to the Escrow Agent all monies which they receive from prospective purchasers of the Securities, which monies shall be in the form of checks or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “HIGHTIMES HOLDING CORP.’s. Escrow Account.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser, or if the Escrow Agent has insufficient information to do so, then to the applicable Selling Agent (together with any Subscription Information, as defined below or other documents delivered therewith) by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing:

  • Withdrawals from the Collection Account (a) The Servicer shall, from time to time, make withdrawals from the Collection Account for any of the following purposes or as described in Section 4.01:

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