CMA Bank definition

CMA Bank means SunTrust Bank or any successor CMA Bank appointed by Seller with the written consent of Buyer and the New Note Trustees (which consent shall not be unreasonably withheld).
View Source

Examples of CMA Bank in a sentence

  • Amounts deposited in or transferred to the Cash Management Account may be used by Seller, except as otherwise provided in Sections 5(g) and 5(h), to make Permitted Cash Payments, and the Net Cash Flow, if any, in the Cash Management Account as of each Remittance Date shall be remitted by Seller (or by the CMA Bank, at the direction of Seller) in accordance with the applicable provisions of Sections 5(e), 5(f) and 5(j).

  • So long as no Event of Default shall have occurred and be continuing, upon deposit of any amounts into the New Note Collection Account the CMA Bank will immediately transfer such amounts to the Cash Management Account (it being understood that no Permitted Cash Payments shall be made directly out of the New Note Collection Account).

  • The New Note Collection Account and the Cash Management Account shall each be in the name of Seller, but the New Note Collection Account shall be under the sole dominion and control of the Collateral Agent for the benefit of Buyer and the New Note Trustees, as their respective interests in such accounts may appear, and both Seller and Buyer shall be entitled to receive monthly statements of account from the CMA Bank with respect to the New Note Collection Account and the Cash Management Account.