Funds Collateral definition

Funds Collateral means all Funds Collateral as defined in the Receivables Purchase Agreements that secures a Receivable sold to Funding pursuant to such Receivables Purchase Agreements.
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Funds Collateral means, to the extent allocable to a Receivable sold to Funding under this Agreement, (a) the Deposit Account and the Funds; (b) each Deposit Document, including, without limitation, all monies due or to become due to Capital One under or in connection with such related Deposit Document, and all rights, remedies, powers, privileges, benefits and claims of Capital One under or with respect to such related Deposit Document (whether arising pursuant to the terms of such related Deposit Document or otherwise available at law or in equity); (c) all guarantees, indemnities, warranties, insurance policies and proceeds and premium refunds and other arrangements of whatever character from time to time under or with respect to the Funds, the Secured Account, the Deposit Account or the Deposit Documents; (d) all other security interests or liens from time to time purporting to secure an Obligor’s obligations under or with respect to the Secured Account; and (e) all substitutions for and proceeds of any of the foregoing.
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Funds Collateral means to the extent allocable to a Receivable under a Secured Account which Receivable has been sold to the Trust under this Agreement, (a) the Deposit Account and the Funds, (b) each Deposit Document, including all monies due or to become due to the Seller under or in connection with such related Deposit Document, and all rights, remedies, powers, privileges, benefits and claims of the Seller under or with respect to such related Deposit Document (whether arising pursuant to the terms of such related Deposit Document or otherwise available at law or in equity); (c) all guarantees, indemnities, warranties, insurance policies and proceeds and premium refunds and other arrangements of whatever character from time to time under or with respect to the Funds, the Secured Account, the Deposit Account or the Deposit Documents; (d) all other security interests or liens from time to time purporting to secure an Obligor’s obligations under or with respect to the Secured Account; and (e) all substitutions for and proceeds of any of the foregoing;
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Examples of Funds Collateral in a sentence

  • Class B Available Funds, Collateral Available Funds and Available Principal Collections.

  • Application of Class A Available Funds, Class B Available Funds, Collateral Available Funds and Available Principal Collections.............20 Section 4.06.

  • Class B ----------------------------------------------- Available Funds, Collateral Available Funds and Available Investor Principal ---------------------------------------------------------------------------- Collections.

  • Promptly after the close of business on each business day in which cash and/or Securities are maintained in a Collateral Account, the Custodian shall furnish a Fund with a statement with respect to a Fund's Collateral Account specifying the amount of cash and/or the amount and kind of Securities held therein.

  • The Servicer hereby covenants and agrees with the Trustee, on behalf of the Trust, that it will take no action which, nor omit to take any action the omission of which, would substantially impair the rights of the Certificateholders in the Receivables created in connection with, or the Funds Collateral relating to, the Additional Accounts.

  • None of the terms of this Assignment, including the addition to the Trust of the Receivables created in connection with, and the Funds Collateral relating to, the Additional Accounts, will have a material adverse effect on the interests of the Certificateholders.

  • Except for the conveyances hereunder, and except as otherwise provided under the Agreement, the Transferor shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien upon or with respect to any Receivable created in connection with, or the Funds Collateral relating to, the Additional Accounts, whether now existing or hereafter created.

  • The foregoing does not constitute and is not intended to result in the creation or assumption by the Trust, the Trustee, any Investor Certificateholder or any Series Enhancer of any obligation of the Transferor, the Servicer, an Account Owner or any other Person in connection with the Accounts, the Receivables or the Funds Collateral or under any agreement or instrument relating thereto, including any obligation to Obligors, merchant banks, merchants’ clearance systems, VISA, MasterCard or insurers.

  • Each Receivable created in connection with, and all Funds Collateral relating to, the Additional Accounts have been transferred to the Trust free and clear of any Lien other than (i) Liens permitted under subsection 2.07(b) of the Agreement, (ii) any tax or governmental lien or other nonconsensual lien and (iii) with respect to Funds Collateral, Liens granted in favor of the Transferor by an Obligor.

  • All cash deposited to the credit of such Escrow Account(s) and any accrued interest in excess of the amounts insured by the FDIC and remaining uninvested under the terms of this Agreement shall be continuously secured by a valid pledge of direct obligations of the United States of America or other collateral meeting the requirements of the Public Funds Collateral Act, Texas Government Code, Chapter 2257.


More Definitions of Funds Collateral

Funds Collateral means with respect to an Account (a) the security interest of Seller in the related Deposit Account and the related Funds, (b) each related Deposit Document, including, without limitation, all monies due or to become due to Seller under or in connection with such related Deposit Document, and all rights, remedies, powers, privileges, benefits and claims of Seller under or with respect to such related Deposit Document (whether arising pursuant to the terms of such related Deposit Document or otherwise available at law or in equity); (c) all guarantees, indemnities, warranties, insurance policies and proceeds and premium refunds and other arrangements of whatever character from time to time under or with respect to such Funds, the Secured Account, the Deposit Account or the Deposit Documents; (d) all other security interests or liens from time to time purporting to secure an Obligor's obligations under or with respect to the Secured Account; and (e) all substitutions for and proceeds of any of the foregoing.
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Funds Collateral. Secured Account," "Security Agreement" and "Supplemental Deposit Agreement" shall be added, in their appropriate alphabetical order, to Section 1.01 of the Pooling and Servicing Agreement and they shall read as follows:
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Funds Collateral means all of the rights of the Issuer in and to any moneys or accounts held by the Trustee under this mdenture, except for the Rebate Account, in trust or on account for the bondholder under this mdenture, and all money on deposit in the Sinking Fund, the Revenue Fund, the Debt Service Fund, the Operation and Maintenance Fund (plant Fund) and other funds and accounts described in the Operating Lease.
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Funds Collateral means (a) the Deposit Account and the Funds; ---------------- (b) each Deposit Document, including, without limitation, all monies due or to become due to a Seller under or in connection with such related Deposit Document, and all rights, remedies, powers, privileges, benefits and claims of such Seller under or with respect to such related Deposit Document (whether arising pursuant to the terms of such related Deposit Document or otherwise available at law or in equity; (c) all guarantees, indemnities, warranties, insurance policies and proceeds and premium refunds and other arrangements of whatever character from time to time under or with respect to the Funds, the Secured Account, the Deposit Account or the Deposit Documents; (d) all other security interests or liens from time to time purporting to secure an Obligor's obligations under or with respect to the Secured Account; and (e) all substitutions for and proceeds or any of the foregoing.
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Funds Collateral means all the rights of the Company to receive any remaining moneys held by the Trustee under the Indenture in trust for the Bondholders and the Bank, including moneys on deposit in the Bond Fund and Project Fund at such time following the making of, or provision for, payment of the principal, premium, if any, and interest on the Bonds as such moneys become due and payable to the Company pursuant to the express terms of the Indenture or the Company otherwise has or acquires rights therein, including but not limited to, in each case, any and all certificates or other instruments held pursuant to the Indenture, and the proceeds thereof and replacements all substitutions therefor.
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Funds Collateral means (a) the Deposit Account and the Funds, ----------------
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Related to Funds Collateral

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • UCC Collateral is defined in Section 3.03.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Excess Collateral has the meaning set forth in Section 5.7.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.