Cash Reserve Account Bank definition

Cash Reserve Account Bank means the bank holding the Cash Reserve Account.
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Cash Reserve Account Bank means the bank holding the Cash Reserve
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Cash Reserve Account Bank means Bank of America, N.A., solely in such capacity.
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Examples of Cash Reserve Account Bank in a sentence

  • The Cash Reserve Account Bank will pay interest on the amounts standing to the credit of the Cash Reserve Account.

  • Cash Reserve Account: On the Closing Date, a cash reserve account will be established with the Cash Reserve Account Bank in the name of the Issuer (the "Cash Reserve Account") into which an amount equal to €28,000,000 from the proceeds of the issue of the Class E Notes and the Class F Notes will be transferred.

  • Distributions from the Cash Reserve Account The Cash Reserve Account will be established by or on behalf of the Issuer on or prior to the Closing Date with the Cash Reserve Account Bank.

  • The Cash Reserve Account Bank will agree to comply with any directions given by the Transaction Manager (acting on behalf of the Issuer), the Issuer, or the Common Representative in relation to the management of the Cash Reserve Account.

  • ACCOUNTS Accounts with the Collection Account Bank and Cash Reserve Account BankThe Issuer has established with the Collection Account Bank and Cash Reserve Account Bank the following Accounts: (a) the Collection Account; and (b) the Cash Reserve Account.

  • No holder of any Instruments will be entitled to proceed directly or indirectly against the Originators, the Servicers, the Custodian, the Portuguese Fund, the Portuguese Fund Manager, the Spanish Fund, the Spanish Fund Manager, the Transaction Manager, the Trustee, the Paying Agent, the Agent Bank, the Corporate Services Provider, the Portuguese Fund Operating Account Bank, the Spanish Fund Operating Account Bank, the Issuer Account Bank, the Cash Reserve Account Bank, or the Joint Lead Managers.

Related to Cash Reserve Account Bank

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Available Reserve Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Reserve Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Reserve Account made or to be made with respect to such date) and (b) the Required Reserve Account Amount, in each case on such Transfer Date.

  • Initial Reserve Account Deposit means $3,000,000.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class A( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Interest Reserve Account As defined in Section 3.4(d).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.