Examples of Collection Accounts in a sentence
Each Lock-Box and Collection Account is in the name of the Seller, and the Seller owns and has good and marketable title to the Collection Accounts free and clear of any Adverse Claim.
Neither the Lock-Boxes nor the Collection Accounts are in the name of any Person other than the Seller.
Each Lock-Box and Collection Account is in the name of the Borrower, and the Borrower owns and has good and marketable title to the Collection Accounts free and clear of any Adverse Claim (other than a Permitted Adverse Claim).
Neither the Lock-Boxes nor the Collection Accounts are in the name of any Person other than the Seller (or, prior to the Post-Closing Date, an Originator).
Except with respect to an Excluded Collection Account, each Lock-Box and Collection Account is in the name of the Seller, and the Seller owns and has good and marketable title to the Collection Accounts free and clear of any Adverse Claim.