Accumulation Reserve Account definition

Accumulation Reserve Account means the trust account designated as such and established pursuant to Section 5.01(a).

Accumulation Reserve Account has the meaning specified in Section 4.11(a).

Accumulation Reserve Account means the Eligible Deposit Account designated as such and established pursuant to subsection 4.13(a).

Examples of Accumulation Reserve Account in a sentence

• 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.

• The Indenture Trustee shall possess all right, title and interest in all funds and property from time to time credited to the Accumulation Reserve Account and in all proceeds thereof.

• The Indenture Trustee is authorized and instructed to retain possession and control of the Accumulation Reserve Account and the Collection Account and all amounts on deposit therein.

• For purposes of determining the availability of funds or the balance in the Accumulation Reserve Account for any reason under this Indenture Supplement, except as otherwise provided in the preceding sentence, investment earnings, if any, on such funds shall be deemed not to be available or on deposit.

• On each Note Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Note Transfer Date on funds on deposit in the Accumulation Reserve Account shall be retained in the Accumulation Reserve Account (to the extent that the Available Accumulation Reserve Account Amount is less than the Required Accumulation Reserve Account Amount) and the balance, if any, shall be deposited in the Collection Account for application in accordance with Section 4.04.

More Definitions of Accumulation Reserve Account

Accumulation Reserve Account shall have the meaning specified in subsection 4.12(a).

Accumulation Reserve Account. Class C Reserve Account" or a "Class D Reserve Account," as the case may be. Each Tranche of Notes will have its own sub-Account within the Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account, the Class C Reserve Account and the Class D Reserve Account. The Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account, the Class C Reserve Account and the Class D Reserve Account will receive deposits pursuant to Article III.

Accumulation Reserve Account means the Series Account designated as such and established pursuant to Section 5.01(a).

Accumulation Reserve Account or “Class C Reserve Account,” as the case may be. Each tranche of Notes will have its own sub- Account within the Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account and the Class C Reserve Account. The Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account and the Class C Reserve Account will receive deposits pursuant to Article III.

Accumulation Reserve Account means the trust account designated as such and established pursuant to subsection 6.01(a).

Accumulation Reserve Account. “Class C Reserve Account” or “Class D Reserve Account,” as the case may be. Each Tranche of Notes will have its own sub-Account within the Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account, with respect to the Class C Notes, the Class C Reserve Account and, with respect to the Class D Notes, the Class D Reserve Account, each of which will be referred to as an “Interest Funding sub-Account,” a “Principal Funding sub-Account,” an “Accumulation Reserve sub-Account,” a “Class C Reserve sub-Account” or a “Class D Reserve sub-Account,” respectively. The Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account, the Class C Reserve Account and the Class D Reserve Account will receive deposits pursuant to Article IV.

Accumulation Reserve Account has the meaning specified in subsection 5.20(a). "Accumulation Reserve Account Funding Date" will be the Transfer Date with respect to the Monthly Period which commences no later than two months prior to the commencement of the Controlled Accumulation Period, or such earlier time as the Servicer may determine.