Collection Accounts definition

Collection Accounts. As defined in Section 3.10(a).
Collection Accounts. The accounts established and maintained by a Servicer in accordance with Section 3.05.
Collection Accounts means, collectively, the U.S. Collection Accounts and the Canadian Collection Accounts.

Examples of Collection Accounts in a sentence

  • The Servicer undertakes that it will at all times arrange for the safe storage of all unused cheques in its possession which relate to the Collection Accounts.

  • The Servicer accepts that it is responsible to the Issuer in respect of its operation of the Collection Accounts and warrants that it will reimburse the Issuer for any loss the Issuer suffers as a result of the Servicer or any officer, director or employee of the Servicer operating the Collection Accounts fraudulently or in a grossly negligent manner or in wilful default of the terms of this Agreement.


More Definitions of Collection Accounts

Collection Accounts have the meanings specified therefor in Section 8.01(a).
Collection Accounts shall have the meaning set forth in Section 4.14(g) hereof.
Collection Accounts. The trust accounts so designated and established pursuant to Section 10.2(a) hereof.
Collection Accounts means the accounts established and maintained by the Company in accordance with the Collection Account Agreements and into which Collections shall be deposited.
Collection Accounts means, collectively, the Cariparma Collection Accounts, the Carispe Collection Accounts, the BPF Collection Accounts.
Collection Accounts means the Interest Collection Account and the Principal Collection Account.
Collection Accounts has the meaning set forth in Section 2.7(a).