Cure Account definition

Cure Account means the account designated as the "Cure Account" established by the Securities Intermediary and set forth on the Transaction Schedule and any successor accounts established in connection with the resignation or removal of the Securities Intermediary.
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Cure Account with respect to any Series shall have the meaning specified in the related Supplement, and "Cure Accounts" shall refer to all the Cure Accounts established for outstanding Series in accordance with the terms of the related Supplements.
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Cure Account has the meaning specified in Section 6.10(b).
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Examples of Cure Account in a sentence

  • Prior to the Maturity Date, all cash amounts in the Cure Account may be invested in overnight Eligible Investments at the written direction of the Servicer.

  • The Company hereby appoints the Securities Intermediary and has directed the establishment of, and the Securities Intermediary hereby acknowledges that it has established, each of the Custodial Account, the USD Principal Collection Account, the USD Interest Collection Account, the Cure Account and the Unfunded Exposure Account (such accounts collectively, the "USD Collateral Accounts") and the Permitted Non-USD Currency Accounts.


More Definitions of Cure Account

Cure Account means the account designated as such under Clause 16.1 (Designation of Accounts) and includes any replacement of that account.
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Cure Account shall have the meaning specified in Section 4.01(c).
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Cure Account means a bank account maintained by the Seller at the Cure Account Bank, which shall be subject to a Cure Account Control Agreement.
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Cure Account has the meaning set forth in Section 10.03(a). [*] – indicates deleted language 3 CONFIDENTIAL TREATMENT REQUESTED PURSUANT TO RULE 24B-2
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Cure Account has the meaning set forth in Section 10.03(a).
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Related to Cure Account

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

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

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

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Direct Account : means any Account which is not an ISA Account.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • 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.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • 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.

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

  • Expense Account The account established pursuant to Section 10.3(c).

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

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.