Indenture Trust Accounts means, the Collection Account, the Collection Account Administrative Accounts, the Distribution Account, the Reserve Account, the Series Distribution Accounts and such other accounts as the Trustee may establish from time to time pursuant to instruction from the Issuer or Control Party, as applicable and as contemplated hereby, to establish additional accounts pursuant to the Indenture.
Indenture Trust Accounts means each of the Collection Account, the Class A Notes Interest Reserve Account, the Required Expense Reserve Account, the Lease Payment Account, the PledgeCo Account and any other account subject to an Account Control Agreement and such other accounts as the Trustee may establish from time to time pursuant to its authority to establish additional accounts under the Indenture. Each Indenture Trust Account will be established and maintained as an Eligible Account.
Indenture Trust Accounts means, collectively, the Collection Accounts, the Cash Trap Reserve Accounts, the Class A-1 Notes Commitment Fees Accounts, the Senior Notes Interest Payment Accounts, the Senior Subordinated Notes Interest Payment Accounts, the Subordinated Notes Interest Payment Accounts, the Senior Notes Interest Reserve Accounts, the Senior Subordinated Notes Interest Reserve Accounts, the Senior Notes Principal Payment Accounts, the Senior Subordinated Notes Principal Payment Accounts, the Subordinated Notes Principal Payment Accounts, the Securitization Operating Expense Accounts, the Senior Notes Post-ARD Additional Interest Accounts, the Senior Subordinated Notes Post-ARD Additional Interest Accounts, the Subordinated Notes Post-ARD Additional Interest Accounts, the Series Distribution Accounts and such other accounts as the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Indenture.
Examples of Indenture Trust Accounts in a sentence
The Issuer (or the Manager on its behalf) shall, as set forth in the Monthly Manager’s Certificate relating to each Monthly Allocation Date, instruct the Trustee in writing to transfer any Investment Income on deposit in the Indenture Trust Accounts (other than the Collection Account) to the Collection Account for application as Collections on that Monthly Allocation Date.
Until such time as any such Senior Notes Interest Reserve Account Excess Amount is paid to any applicable third party (as opposed to transfers between Indenture Trust Accounts of the Co-Issuers pursuant to a Weekly Manager’s Certificate), the applicable Co-Issuer will hold such amount as agent on behalf of the other Co-Issuer.
Until such time as any such Senior Subordinated Notes Interest Reserve Account Excess Amount is paid to any applicable third party (as opposed to transfers between Indenture Trust Accounts of the Co-Issuers pursuant to a Weekly Manager’s Certificate), the applicable Co-Issuer will hold such amount as agent on behalf of the other Co-Issuer.
On a weekly basis at or prior to 10:00 a.m. (New York City time) on each Weekly Allocation Date, Co-Issuers (or the Manager on their behalf) shall instruct the Trustee in writing to transfer any Investment Income on deposit in the Indenture Trust Accounts (other than the Collection Account) to the Collection Account for application as Collections on that Weekly Allocation Date.
On a weekly basis at or prior to 10:00 a.m. (New York City time) on each Weekly Allocation Date, the Issuer (or the Manager on its behalf) (i) shall instruct the Trustee in writing to transfer any Investment Income on deposit in the Indenture Trust Accounts (other than the Collection Account) to the Collection Account and (ii) shall transfer any Investment Income on deposit in the Management Accounts to the Collection Account, in each case for application as Collections on that Weekly Allocation Date.
More Definitions of Indenture Trust Accounts
Indenture Trust Accounts means each of the Collection Account, the Collection Account Administrative Accounts, the Senior Notes Interest Reserve Account (which may also, at the election of the Manager, serve as a Franchisor Capital Account), the Senior Subordinated Notes Interest Reserve Account, the Cash Trap Reserve Account, the Hedge Payment Account, the Series Distribution Accounts and such other accounts as the Master Issuer may establish with the Trustee or the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Indenture.
Indenture Trust Accounts means, collectively, the Collection Account, the Cash Trap Reserve Account, the Class A-1 Notes Commitment Fees Account, the Interest Payment Account(s), the Senior Notes Interest Reserve Accounts, the Senior Subordinated Notes Interest Reserve Account, the Principal Payment Account(s), the Securitization Operating Expense Account, the Post-ARD Contingent Additional Interest Account(s), the Hedge Payment Account, the Series Distribution Accounts and such other accounts as the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Indenture.
Indenture Trust Accounts means each of the Collection Account, the Collection Account Administrative Accounts, the Senior Notes Interest Reserve Account (which may also, at the election of the Manager, serve as a Franchisor Capital Account), the Senior Subordinated Notes Interest Reserve Account, the Cash Trap Reserve Account, the Hedge Payment Account, the Series Distribution Accounts and such other accounts as the Master Issuer may establish with the Trustee or the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Indenture. “Independent” means, as to any Person, any other Person (including, in the case of an accountant, or lawyer, a firm of accountants or lawyers and any member thereof or an investment bank and any member thereof) who (i) does not have and is not committed to acquire any material direct or any material indirect financial interest in such Person or in any Affiliate of such Person and (ii) is not connected with such Person or an Affiliate of such Person as an officer, employee, promoter, underwriter, voting trustee, partner, director or Person performing similar functions. “Independent” when used with respect to any accountant may include an accountant who audits the books of such Person if, in addition to satisfying the criteria set forth above, the accountant is independent with respect to such Person within the meaning of Rule 101 of the Code of Ethics of the American Institute of Certified Public Accountants. Whenever any Independent Person’s opinion or certificate is to be furnished to the Trustee, such opinion or certificate shall state that the signer has read this definition and that the signer is Independent within the meaning hereof. “Independent Auditors” means the firm of Independent accountants appointed pursuant to the Management Agreement or any successor Independent accountant. “Independent Manager” means, with respect to any corporation, partnership, limited liability company, association or other business entity, an individual who has prior experience as an independent director, independent manager or independent member with at least three (3) years of employment experience and who is provided by Xxxxxx Fiduciary Services (Delaware) Inc., Corporation Service Company, CT Corporation, Global Securitization Services, LLC, Lord Securities Corporation, National Registered Agents, Inc., Xxxxxxx Management Company, Wilmington Trust Company, or, if none of those companies is then providing...
Indenture Trust Accounts means, collectively, the Collection Account, the Cash Trap Reserve Account, the Class A-1 Notes Commitment Fees Account, the Interest Payment Account(s), the Senior Notes Interest Reserve Account, the Senior Subordinated Notes Interest Reserve Account (certain of which Interest Reserve Accounts may also, at the election of the Manager, serve as a Franchise Capital Accounts, if any), the Principal Payment Account(s), the Securitization Operating Expense Account, the Post-ARD Contingent Additional Interest Account(s), the Hedge Payment Account, the Series Distribution Accounts and such other accounts as the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Base Indenture.
Indenture Trust Accounts means, collectively, the Collection Account, the Collection Account Administrative Accounts, the Cash Trap Reserve AccountAccounts, the Class A-1 Notes Commitment Fees AccountAccounts, the Senior Notes Interest Payment AccountAccounts, the Senior Subordinated Notes Interest Payment AccountAccounts, the Subordinated Notes Interest Payment AccountAccounts, the Senior Notes Interest Reserve AccountAccounts, the Senior Subordinated Notes Interest Reserve AccountAccounts, the Senior Notes Principal Payment AccountAccounts, the Senior Subordinated Notes Principal Payment AccountAccounts, the Subordinated Notes Principal Payment AccountAccounts, the Securitization Operating Expense AccountAccounts, the Senior Notes Post-ARD Additional Interest AccountAccounts, the Senior Subordinated Notes Post-ARD Additional Interest AccountAccounts, the Subordinated Notes Post-ARD Additional Interest AccountAccounts, the Series Distribution Accounts and such other accounts as the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Indenture.
Indenture Trust Accounts means, collectively, the Collection Account, the Class A-1 Notes Commitment Fees Account, the Interest Payment Account(s), the Senior Notes Interest Reserve Account, the Senior Subordinated Notes Interest Reserve Account (certain of which Interest Reserve Accounts may also, at the election of the Manager, serve as a Franchise Capital Account), the Principal Payment Account(s), the Securitization Operating Expense Account, the Post-ARD Contingent Additional Interest Account(s), the Hedge Payment Account, the Series Distribution Accounts and such other accounts as the Trustee may establish from time to time pursuant to its authority to establish additional accounts pursuant to the Indenture.
Indenture Trust Accounts means (a) the Collection Account Administrative Accounts, (b) the Senior Note Interest Reserve Account, (c) the Cash Trap Reserve Account, (d) the Contributions Reserve Account, (e) the Termination Amount Reserve Account, (f) the Hedge Payment Account and, if any, and (g) the Enhancement Payment Account, if any.