Collection Foundation definition

Collection Foundation means in respect of Quion 30 B.V. and Hypinvest Hypotheken B.V., Stichting Hypotheek Ontvangsten and in respect of NIBC Direct Hypotheken B.V. and Hypinvest B.V., Stichting Ontvangsten Hypotheekgelden;
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Collection Foundation has the meaning specified in Section 2.1(b).
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Collection Foundation means Stichting Ontvangsten Hiltermann Lease, a foundation (stichting) established under Dutch law, having its seat (zetel) in the municipality of Amsterdam, the Netherlands and its registered office at Basisweg 10, 1043 AP Amsterdam, the Netherlands and registered in the Trade Register under number 81860447, in its capacity as collection foundation.
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Examples of Collection Foundation in a sentence

  • Such rights of pledge are governed by Dutch law and have been notified to the Collection Foundation Accounts Provider.

  • Under the Receivables Proceeds Distribution Agreement the Originator undertakes to direct all amounts of principal and interest to the Collection Foundation Accounts maintained by the Collection Foundation which is a bankruptcy remote foundation (stichting) and in addition the Seller and the Servicer undertake the same.

  • The Collection Foundation Accounts are held with ABN AMRO Bank N.V. As a consequence, the Collection Foundation has a claim against ABN AMRO Bank N.V. as the Collection Foundation Accounts Provider as the bank where such account is held, in respect of the balances standing to credit of the Collection Foundation Accounts.

  • The Issuer has been advised that in the event of a bankruptcy of the Originator any amounts standing to the credit of the Collection Foundation Accounts relating to the Mortgage Receivables will not form part of the bankruptcy estate of the Originator.

  • Collection Foundation: Stichting Ember Hypotheken, established under Dutch law as a foundation (stichting), with registered office at Xxxxx Xxxxxxxxxxxxx 000, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx and registered with the Commercial Register of the Chamber of Commerce under number 59974052.

  • Pursuant to the relevant Receivables Proceeds Distribution Agreement, Intertrust Administrative Services B.V. and after an insolvency event relating to Intertrust Administrative Services B.V., a new administrator appointed for such purpose, respectively, will perform such payment transaction services on behalf of the Collection Foundation (see for a description of the cash collection arrangements Section 5 (Credit Structure) below).

  • The share of the Security Trustee will be determined on the basis of the amounts in the Collection Foundation Accounts relating to the relevant Mortgage Receivables owned by the Issuer.

  • Receivables Proceeds Distribution Agreement: On or before the Closing Date, the Issuer will become a party to the Receivables Proceeds Distribution Agreement under which, inter alia, the Collection Foundation undertakes to transfer all amounts received on the Collection Foundation Account in respect of the Mortgage Receivables, to the Issuer Collection Account.

  • In addition, Intertrust Administrative Services B.V. in its capacity as administrator for the Collection Foundation has undertaken in the Receivables Proceeds Distribution Agreement to disregard any instructions or orders from the Originator to cause the transfer of amounts in respect of the Mortgage Receivables to be made to another account than the Collection Foundation Accounts without prior approval of the Issuer and the Security Trustee.

  • All payments made by the Borrowers in respect of the Mortgage Loans will be paid into the relevant Collection Foundation Account.


More Definitions of Collection Foundation

Collection Foundation means Stichting Tulpenhuis Ontvangsten, established under Dutch law as a foundation (stichting), having its official seat (statutaire zetel) in Amsterdam, the Netherlands and registered with the Trade Register under number 64383628.
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Related to Collection Foundation

  • Collection site means the location of waste containers on collection day.

  • Public School Student Accessing Courses at a Distance means a student who is scheduled for a full course load through the District and attends all classes virtually.

  • Claims Allocation and Handling Agreement means the agreement of that name approved by XXX;

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Subordinate joint force commander means a sub-unified commander or joint task force commander.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Non-Administrator Ambulatory Surgical Facility means an Ambulatory Surgical Facility which does not meet the definition of an Administrator Ambulatory Surgical Facility.

  • Non-Participating Home Infusion Therapy Provider means a Home Infusion Therapy Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Inpatient hospital services means any health care service provided to a patient who has been admitted to a hospital and is required to remain in that hospital overnight, but does not include any secure forensic mental health services;

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Outpatient hospital services means preventive, diagnostic, therapeutic, observation, rehabilitation, or palliative services provided to an outpatient by or under the direction of a physician, dentist, or other practitioner by an institution that:

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Multiphase professional services contract means a contract for the providing of professional

  • Non-Participating Durable Medical Equipment Provider means a Durable Medical Equipment Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Participating Durable Medical Equipment Provider means a Durable Medical Equipment Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Data Processing Agreement means the data processing agreement located at xxx.xxxxxx.xxx/[countrycode]/legal/dpa, where “[countrycode]” means the two-letter abbreviation for the country where your Stripe Account is located.