Dutch Collection Account definition

Dutch Collection Account means the collection account in the name of Dutch FleetCo into which Dutch Collections shall be deposited.
Sample 1Sample 2Sample 3
Dutch Collection Account means any account set forth on Schedule 5 (Facility Accounts and Account Banks) hereto under the heading “Dutch Collection Accounts”, as such Schedule may be amended from time to time in accordance herewith.
Sample 1Sample 2Sample 3
Dutch Collection Account shall have the meaning provided in Section 8.15(c)(iv).
Sample 1Sample 2Sample 3

Examples of Dutch Collection Account in a sentence

  • Each Credit Party hereby agrees that from and after the date the Dutch Collection Account is opened, all amounts held in Deposit Accounts owned by the Dutch Credit Parties in the Netherlands and into which the proceeds and products of Collateral may be deposited (other than Excluded Accounts) shall be sent by ACH or wire transfer or similar electronic transfer no less frequently than once per Business Day to the Dutch Collection Account.

  • The English Control Agreement relating to the Dutch Collection Account shall (unless otherwise reasonably agreed by the Administrative Agent) include provisions that allow, during any Cash Dominion Period, for all collected amounts held in such Dutch Collection Account from and after the date requested by the Administrative Agent, to be sent by ACH or wire transfer or similar electronic transfer no less frequently than once per Business Day to the Dutch Dominion Account.


More Definitions of Dutch Collection Account

Dutch Collection Account means the collection account in the name of Dutch FleetCo into which Dutch Collections shall be deposited. "Dutch Collection Account Reserve Ledger" means the ledger so named maintained in the Dutch Collection Account.
Sample 1
Dutch Collection Account means the collection account in the name of Dutch FleetCo into which Dutch Collections shall be deposited. “Dutch Collections” means all payments on or in respect of the Dutch Collateral. “Dutch Commitment Termination Date” means 1 October 2048. “Dutch Daily Collection Report” has the meaning specified in Sub-Clause 5.1(a) (Daily Collection Reports) of the Dutch Facility Agreement. “Dutch Daily Interest Allocation” means, on each Dutch Deposit Date, an amount equal to the aggregate amount of Dutch Interest Collections deposited into the Dutch Transaction Account on such date. “Dutch Daily Interest Amount” means, for any day in an Interest Period, an amount equal to the result of:
Sample 1
Dutch Collection Account means each account established at a Dutch Collection Bank subject to a Cash Management Control Agreement into which funds shall be transferred as provided in Section 5.03(e).
Sample 1

Related to Dutch Collection Account

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

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).