Collection Account Administrative Accounts has the meaning set forth in Section 5.6 of the Base Indenture.
Collection Account Administrative Accounts. (i) an account no. 12098100 entitled “Citibank, N.A. f/b/o Planet Fitness Master Issuer LLC, Senior Notes Interest Payment Account” for the deposit of the Senior Notes Quarterly Interest Amount (together with any successor account, the “Senior Notes Interest Payment Account”); (ii) an account entitled “Citibank, N.A. f/b/o Planet Fitness Master Issuer LLC, Senior Subordinated Notes Interest Payment Account” for the deposit of the Senior Subordinated Notes Quarterly Interest Amount (together with any successor account, the “Senior Subordinated Notes Interest Payment Account”); (iii) an account entitled “Citibank, N.A. f/b/o Planet Fitness Master Issuer LLC, Subordinated Notes Interest Payment Account” for the deposit of the Subordinated Notes Quarterly Interest Amount (together with any successor account, the “Subordinated Notes Interest Payment Account”); (iv) an account no. 12098200 entitled “Citibank, N.A. f/b/o Planet Fitness Master Issuer LLC, Class A-1 Notes Commitment Fees Account” for the deposit of the Class A-1 Quarterly Commitment Fee Amount (together with any successor account, the “Class A-1 Notes Commitment Fees Account”); (v) an account no. 12098300 entitled “Citibank, N.A. f/b/o Planet Fitness Master Issuer LLC, Senior Notes Principal Payment Account” for the deposit of the amounts allocable to the payment of principal of the Senior Notes (together with any successor account, the “Senior Notes Principal Payment Account”); (vi) an account entitled “Citibank, N.A. f/b/o Planet Fitness Master Issuer LLC, Senior Subordinated Notes Principal Payment Account” for the deposit of the amounts
Collection Account Administrative Accounts has the meaning set forth in Section 5.6 of the Base Indenture. “Collections” means the U.S. Collections together with the Canadian Collections. “Commitment Fees Shortfall” has the meaning set forth in Section 5.12(d) of the Base Indenture. “Companies’ Creditors Arrangement Act” means the Companies’ Creditors Arrangement Act (Canada), as amended, and any successor statute of similar import, in each case as in effect from time to time. “Company Order” and “Company Request” mean a written order or request signed in the name of each applicable Co-Issuer by any Authorized Officer of such Co-Issuer and delivered to the Trustee, the Control Party or the Paying Agent. “Company-Owned Location” means any company-operated location for a Driven Securitization Brand owned by a Non-Securitization Entity.
Examples of Collection Account Administrative Accounts in a sentence
All interest and earnings (net of losses and investment expenses) paid on funds on deposit in each of the Collection Account Administrative Accounts shall be deposited in such account and shall be deemed to be Investment Income on deposit for distribution in accordance with Section 5.9.
More Definitions of Collection Account Administrative Accounts
Collection Account Administrative Accounts has the meaning set forth in Section 5.7 of the Base Indenture. “Collections” means, with respect to each Interim Collection Period, all amounts received by or for the account of the Securitization Entities during such Interim Collection Period, including (without duplication):