Transaction Accounts; Investments by Trustee. (a) On or before the Issuance Date, the Trustee shall establish in the name of the Trustee for the benefit of the Noteholders and the Insurer to the extent of their interests therein as provided in this Indenture the following accounts, which accounts shall be Eligible Accounts maintained at the Corporate Trust Office:
Appears in 8 contracts
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Indenture (Ikon Receivables Funding LLC), Insurance Agreement (Ikon Receivables LLC)
Transaction Accounts; Investments by Trustee. (a) On or before the Issuance Date, the Trustee shall establish in the name of the Trustee for the benefit of the Noteholders [and the Insurer Insurer] to the extent of their interests therein as provided in this Indenture the following accounts, which accounts shall be Eligible Accounts maintained at the Corporate Trust Office:
Appears in 1 contract
Samples: Ikon Receivables Funding LLC
