Citi Account definition

Citi Account is that certain Deposit Account maintained by Xxxxxxxx at Citibank as disclosed in the Perfection Certificate delivered on the Effective Date.
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Citi Account means each account established and maintained by the Originators at Citibank for the purpose of receiving Collections on Receivables.
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Examples of Citi Account in a sentence

  • The Servicer will, and will cause each Originator to, at all times, instruct all Obligors to deliver payments on the Pool Receivables to a Lock-Box Account or a Lock-Box (or at any time prior to the Lock-Box Conversion Date, so long as no Termination Event has occurred and is continuing, the Citi Account).

  • Any proceeds of Pool Receivables received by the Seller or the Servicer thereafter other than through a Lock-Box Account (or at any time prior to the Lock-Box Conversion Date, so long as no Termination Event has occurred and is continuing, the Citi Account) shall be sent immediately to, or as otherwise instructed by, the Administrator.

  • The Seller (or the Servicer on its behalf) will, and will cause each Originator to, at all times, instruct all Obligors to deliver payments on the Pool Receivables to a Lock-Box Account or a Lock-Box (or at any time prior to the Lock-Box Conversion Date, so long as no Termination Event has occurred and is continuing, the Citi Account).

Related to Citi Account

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Note Account As defined in the Indenture.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Investment Account As defined in Section 3.12(a).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Direct Account : means any Account which is not an ISA Account.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Administration Account As defined in Section 7.02.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;