Collection Accounts Declaration of Trust definition

Collection Accounts Declaration of Trust means the collection accounts declaration of trust dated on or about 5 June 2023 and made between, inter alios, the Issuer, the Security Trustee and CCFS;
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Collection Accounts Declaration of Trust means the collection accounts declaration of trust between, among others, the Collection Accounts Trustee, the Initial Loans Beneficiary and the Initial Loans Trustee dated on or about the date of this Agreement or any other agreement agreed in writing between the Collection Accounts Trustee, the Collection Account Bank, the Loans Beneficiary and the Loans Trustee to fall within this definition;
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Collection Accounts Declaration of Trust means the declaration of trust made by the Originator in respect of the Collection Accounts.
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Examples of Collection Accounts Declaration of Trust in a sentence

  • Start Collection Accounts On the Closing Date, the Start Legal Title Holder declared a trustover the Start Collection Accounts (the "Start Collection Accounts Declaration of Trust") in favour of the Issuer.

  • POLICY WBE/HF3 SHOPS/CONVENIENCE STORE The Hollands Farm Development Brief must make provision for a limited number of shops or a convenience store.Objective: Provide for a convenience store for residents so as to avoid traffic and parking congestion associated with driving to the parade for daily necessities.

  • In order to mitigate this risk, the Seller will enter into the Amendment and Restatement Deed relating to a Collection Accounts Declaration of Trust (the "Amendment and Restatement Deed relating to a Collection Accounts Declaration of Trust") declared by the Seller on 29 March 2012 in favour of Turbo Finance 2 plc and amended and restated on 21 November 2012.

  • The Company agrees that, pursuant to the Collection Accounts Declaration of Trust, it holds and will hold its rights, titles, powers and interests in and to, and amounts standing to the credit of, the Collection Accounts insofar as they relate to or derive from the Receivables and the Ancillary Rights relating thereto upon trust absolutely for the Receivables Purchaser, being the beneficial owner of such Receivables and Ancillary Rights.

  • Barclays Bank plc 1 Churchill Place, London E14 5HP, United KingdomThe Collection Accounts Declaration of Trust.

  • The Originator will declare a trust over the Collection Accounts in favour of the Issuer pursuant to the collection accounts declaration of trust (the "Collection Accounts Declaration of Trust") and the Issuer will be a beneficiary of such trust to the extent that amounts paid into the Collection Accounts from time to time are referable to its interest in the Loans.

  • In the light of uncertainty as to the extent, if at all, that the Collection Accounts Declaration of Trust may be recognised in the jurisdictions other than the United Kingdom and Belgium in which Collection Accounts are held the Company agrees to execute and deliver to the Agent on or prior to the Closing Date the Bank Account Pledges in respect of such Collection Accounts.

  • See the sections entitled "Summary of the Key Transaction Documents - Transaction Collection Accounts Declaration of Trust", and "The Global Collection Account Bank and Collection Account Bank" for further information.

  • The Originator will declare a trust over the Collection Accounts in favour of the Issuer pursuant to the Collection Accounts Declaration of Trust and the Issuer will be a beneficiary of such trust to the extent that amounts paid into the Collection Accounts from time to time are referable to its interest in the Loans.


More Definitions of Collection Accounts Declaration of Trust

Collection Accounts Declaration of Trust the declaration of trust over the Collection Accounts executed by MIC-UK in favour of the Security Trustee on behalf of the Beneficiaries, dated on or about the date of this Deed;
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Related to Collection Accounts Declaration of Trust

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

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

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

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

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Collection Account Control Agreement means that certain Account Control Agreement, dated as of the date hereof, by and among Seller, Buyer, and U.S. Bank National Association, in form and substance acceptable to Buyer, as the same may be amended, restated, supplemented or otherwise modified from time to time, and which shall provide for Buyer control of the Collection Account as of the date of execution.

  • Administration Account As defined in Section 7.02.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Class A Trust Agreement means the Basic Agreement, as supplemented by Trust Supplement No. 2015-1A thereto, dated as of the date hereof, governing the creation and administration of the American Airlines Pass Through Trust 2015-1A and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.