Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.
Insurance Proceeds Account means the account maintained in the name of the Master Issuer, subject to an Account Control Agreement, and pledged to the Trustee into which the Manager causes Insurance/Condemnation Proceeds to be deposited.
Insurance Proceeds Account has the meaning given in Section 7.9.1.
Examples of Insurance Proceeds Account in a sentence
All Insurance/Condemnation Proceeds received by or on behalf of any Securitization Entity in respect of the Collateral shall be promptly deposited to the Insurance Proceeds Account.
Following the Closing Date, if the Issuer is required to deposit Insurance/Condemnation Proceeds to the Insurance Proceeds Account pursuant to Section 5.10(d), the Issuer shall establish and maintain the Insurance Proceeds Account in the name of and for the benefit of the Issuer.
More Definitions of Insurance Proceeds Account
Insurance Proceeds Account means the special account designated by that name and established by the Administrative Agent pursuant to the Deposit Account Agreement.
Insurance Proceeds Account means the special account designated by that name established by the Administrative Agent pursuant to Article VIII.
Insurance Proceeds Account has the meaning given to it in the Senior Facilities Agreement.
Insurance Proceeds Account means the Mandatory Prepayment Account or Holding Account into which Insurance Proceeds or, as the case may be, Excluded Insurance Proceeds are required to be paid pursuant to Schedule 4 (Mandatory Prepayment).
Insurance Proceeds Account means the account designated by that name established by Depositary Agent pursuant to Section 2.1.
Insurance Proceeds Account means the account maintained in the name of the Master Issuer and pledged to the Trustee into which the Manager causes amounts to be deposited pursuant to Section 5.10(f) of the Base Indenture or any successor account established for the Master Issuer by the Manager for such purpose pursuant to the Base Indenture and the Management Agreement, including any investment accounts related thereto into which funds are transferred for investment purposes pursuant to Section 5.1(b) of the Base Indenture.
Insurance Proceeds Account. The Deposit Account, number 170530008, established and maintained by the Paying Agent for the benefit of the Borrower Representative and subject to a Deposit Account Control Agreement.