Interest Collection Accounts definition

Interest Collection Accounts means jointly the Cariparma Interest Collection Account, the Carispe Interest Collection Account and the BPF Interest Collection Account.
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Interest Collection Accounts means jointly the CA Italia Interest Collection Account and the CA Friuladria Interest Collection Account.
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Interest Collection Accounts means, collectively, the Interest Collection Accounts, established with an Account Bank in the name of the Borrower into which Current Income Collections shall be deposited in accordance with the terms of this Agreement and subject to the Account Control Agreement and under the “control” (within the meaning of Section 9-104 or 9-106 of the UCC, as applicable) of the Administrative Agent for the benefit of the Secured Parties; provided that, subject to the rights of the Administrative Agent hereunder with respect to funds, the funds deposited therein from time to time shall constitute the property and assets of the Borrower, and the Borrower shall be solely liable for any Taxes payable with respect to the Borrower Interest Collection Account and each subaccount that may be established from time to time.
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Examples of Interest Collection Accounts in a sentence

  • Interest Coverage Test" in the point letter "A" reference to "Luxembourg Interest Collection Accounts" shall be deemed as replaced by reference to "English Interest Collection Accounts".

  • On the final Payment Date, all amounts remaining in the Interest Collection Accounts and the Principal Collection Accounts on the final Payment Date, after application thereof in accordance with clauses (i) through (viii) above and following the payment of the Termination Obligations in full, shall be applied for distribution to the Preferred Investor in accordance with Section 7(c) of the Preference Share Subscription Agreement.

  • On the Closing Date, the Issuer hereby directs the Issuer Accounts Securities Intermediary to open sub-accounts of the Interest Collection Accounts and the Principal Collections Accounts in respect of CAD, Euro and GBP.

  • The only permitted withdrawal from or application of funds on deposit in the Collection Accounts, Principal Collection Accounts or Interest Collection Accounts shall be to make payments expressly provided for in this Agreement or to transfer funds to the applicable Trust Account in connection with a Reinvestment pursuant to Section 5(d).

  • The Collateral Custodian shall provide a statement as to the amount of Principal Collections and Interest Collections on deposit in the Principal Collection Accounts and the Interest Collection Accounts, respectively, and each subaccount thereof upon the reasonable written request of the Collateral Manager.

  • Such sub-accounts of any Interest Collection Account shall be considered to be Interest Collection Accounts for all intents and purposes under the Transaction Documents and such sub-accounts of any Principal Collection Accounts shall be considered to be Principal Collection Accounts for all intents and purposes under the Transaction Accounts.

  • The Seller has not received any written notice of any actual or alleged violation by FGC of any law, regulation, order or contract term affecting the collective bargaining rights of employees, equal opportunity in employment, or employee health, safety, welfare, or wages and hours.


More Definitions of Interest Collection Accounts

Interest Collection Accounts means the Borrower Interest Collection Account and each CLO Subsidiary Interest Collection Account. “Interest Collections” means, (i) all payments and collections owing to any Borrower Party in its capacity as lender and attributable tointerest on any Asset or other Borrower Collateral, including scheduled payments of interest and payments of interest relating to principal prepayments,all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Asset or other Borrower Collateral, all payments of principal on Eligible Investments purchased with or representing funds held in the Interest Collection Accounts or otherwise purchased with or representing Interest Collections, and all interest, earnings or income on Eligible Investments purchased with or representing funds held in any Account or otherwise purchased with Interest Collections, Principal Collections or Preference Share subscription proceeds,(ii) any commitment, delayed compensation, ticking, upfront, underwriting, prepayment, origination or amendment fees received in respect of any Asset,(iii) all amounts received in connection with any Asset due to any yield protection, increased cost, tax, expense indemnity or similar provision in the related underlying instruments of such Asset and (iv) any fees or other amounts not representing principal received in connection with the sale or other disposition of any Asset.
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Interest Collection Accounts means the trust accounts established pursuant to Section 6.2(a).
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Interest Collection Accounts means the Borrower Interest Collection Account and each CLO Subsidiary Interest Collection Account.
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Interest Collection Accounts means, collectively, the Interest Collection Accounts, established with the Account Bank in the name of the Borrower into which Current Income Collections shall be deposited in accordance with the terms of this Agreement and subject to an Account Control Agreement specified on Schedule V hereto and under the "control" (within the meaning of Section 9‐104 or 9‐106 of the UCC, as applicable) of the Administrative Agent for the benefit of the Secured Parties; provided that, subject to the rights of the Administrative Agent hereunder with respect to funds, the funds deposited therein from time to time shall constitute the property and assets of the Borrower, and the Borrower shall
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Related to Interest Collection Accounts

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

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

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

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Finance Charge Account is defined in Section 4.9(a).

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

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

  • Principal Account(s means deposit accounts of the Fund or a Portfolio carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

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

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Final Collection Date means the Business Day following the termination of purchases under this Agreement on which all amounts to which the Purchasers shall be entitled in respect of Purchased Receivables and all other amounts owing to the Administrative Agent and the Purchasers hereunder and under the other Purchase Documents are paid in full.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

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

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Note Account As defined in the Indenture.

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Unallocated Principal Collections shall have the meaning specified in subsection 4.05(d).