CSA Reserve Account definition

CSA Reserve Account shall have the meaning set forth in Section 9(a) of this Agreement.
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CSA Reserve Account means the account established pursuant to Section 9(a) of the Settlement Agreement, dated as of December __ 2003, among DVI, Inc., DVI, DVI Business Credit Corporation, the Issu▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇l Services, Inc. d/b/a US Bancorp Portfolio Services, the Ad Hoc Committee of Securitization Noteholders and the other parties named therein.
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Examples of CSA Reserve Account in a sentence

  • Without limiting the generality of the foregoing, all CSA Reserve Account payments and other amounts collected or received by each Securitization shall be applied pursuant to Section 3.04(b) of the applicable Indentures on the basis that an Amortization Event is continuing.

  • Payment from the CSA Reserve Account shall be the sole remedy with respect to such claims against the parties to this Agreement, which are otherwise released as set forth in Section 4 of this Agreement.

  • The CSA Reserve Account Agreement shall contain appropriate provisions to implement this provision.

  • The CSA Reserve Account shall be subject to the lien of the Trustee for the Trustee's unpaid fees and expenses.

  • The parties hereto agree that DVIFS shall cure any defaults under the Contribution and Servicing Agreements and all claims with respect thereto solely through the creation and funding of the CSA Reserve Account described in Section 9 hereof; provided that DVIFS shall cooperate with the Trustee with respect to Contract Deficiencies to the extent set forth in Section 12.

  • The CSA Reserve Account Agreement shall provide that earnings on amounts on deposit in the CSA Reserve Account shall be retained in the CSA Reserve Account until distributed in accordance with the CSA Reserve Account Agreement.

  • The CSA Reserve Account Agreement shall provide that on March 31, 2011, (i) eighty percent (80%) of any amount then remaining on deposit in the CSA Reserve Account shall be paid to DVIFS or its successor and (ii) twenty percent (20%) of any amount then remaining on deposit in the CSA Reserve Account shall be paid to the Successor Servicer.

  • On March 31, 2011, (i) eighty percent (80%) of any amount then remaining on deposit in the CSA Reserve Account shall be paid to DVIFS or its successor and (ii) twenty percent (20%) of any amount then remaining on deposit in the CSA Reserve Account shall be paid to the Successor Servicer.

  • Amounts deposited into the CSA Reserve Account shall not constitute Available Funds for purposes of the Indentures.

  • The CSA Reserve Account Trustee shall have the sole authority to make withdrawals from the CSA Reserve Account at the request of the Trustee, subject to the terms of a CSA Reserve Account Agreement.