Collection Account Declarations of Trust definition

Collection Account Declarations of Trust means each of the declarations of trust over the Collection Accounts in favour of the Issuer made by PML as holder of the PML Collection Account (the "PML Collection Account Declaration of Trust") and by Paragon Bank as holder of the PB Collection Account (the "PB Collection Account Declaration of Trust") as the same may be supplemented and amended from time to time (including by any supplemental deed of declaration of trust dated on or about the date of this Agreement) and as may be further supplemented and amended from time to time and/or any additional or replacement declaration of trust executed pursuant to Clauses 6.5.2 and/or 6.5.3 of this Agreement;
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Collection Account Declarations of Trust has the meaning ascribed thereto in the Administration Agreement.
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Collection Account Declarations of Trust has the meaning given to it in the Administration Agreement;
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Examples of Collection Account Declarations of Trust in a sentence

  • On or about the Closing Date, the Seller and BOIMB will each declare a trust over their interests in the Collection Accounts, (the "Collection Account Declarations of Trust") in favour of, inter alios, the Issuer and each of them (in its capacity as a beneficiary) absolutely as beneficial tenants in common.

  • The Collection Accounts will be subject to the Collection Account Declarations of Trust.

  • See the section titled "The Sunbury LASI Collection Account Bank" for further information.The Moonraker Collection Account Declarations of Trust.

Related to Collection Account Declarations of Trust

  • Collection Accounts As defined in Section 3.10(a).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

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

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.