Issuer Cash Trap Reserve Account definition

Issuer Cash Trap Reserve Account means the reserve account established and maintained by the Issuer in the name of the Trustee, for the benefit of the Secured Parties, for the purpose of trapping cash upon the occurrence of a Cash Trapping Event.
Issuer Cash Trap Reserve Account means the reserve account established and maintained by the Issuer in the name of the Trustee, for the benefit of the Secured Parties, for the purpose of trapping cash upon the occurrence of a Cash Trapping Event. “Issuer Class A-1 Notes Commitment Fees Account” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Securitization Operating Expense Account” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Interest Payment Account for Senior Notes” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Post-ARD Additional Interest Account for Senior Notes” has the meaning set forth in Section 5.6 of the Base Indenture. “Issuer Principal Payment Account for Senior Notes” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Senior Subordinated Notes Interest Payment Account” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Senior Subordinated Notes Post-ARD Additional Interest Account” has the meaning set forth in Section 5.6 of the Base Indenture. “Issuer Senior Subordinated Notes Principal Payment Account” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Subordinated Notes Interest Payment Account” has the meaning set forth in Section 5.6(a) of the Base Indenture. “Issuer Subordinated Notes Post-ARD Additional Interest Account” has the meaning set forth in Section 5.6 of the Base Indenture. “Issuer Subordinated Notes Principal Payment Account” has the meaning set forth in Section 5.6(a) of the Base Indenture.

Examples of Issuer Cash Trap Reserve Account in a sentence

  • As of the Series 2020-1 Closing Date, the Canadian Co-Issuer has established with the Trustee an account designated as the Canadian Co-Issuer Cash Trap Reserve Account in the name of the Trustee for the benefit of the Secured Parties, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties (the “Canadian Co-Issuer Cash Trap Reserve Account” and together with the Issuer Cash Trap Reserve Account, the “Cash Trap Reserve Accounts”).

  • As of the Series 2015-1 Closing Date, the Issuer has established with the Trustee an account designated as the Issuer Cash Trap Reserve Account in the name of the Trustee for the benefit of the Secured Parties, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties (the “Issuer Cash Trap Reserve Account”).

Related to Issuer Cash Trap Reserve Account

  • Interest Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.23 of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Interest Reserve Account” and which shall be an Eligible Account.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Excess Liquidation Proceeds Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(c) of this Agreement in trust for the Certificateholders, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-B12, Excess Liquidation Proceeds Reserve Account.” Any such account shall be an Eligible Account.