Issuer Collections Account definition

Issuer Collections Account means a specified account in the name of the Issuer at the Collections Account Bank or any other account which the Issuer may from time to time establish and maintain at the Collections Account Bank in accordance with the Transaction Documents for the receipt and holding of Collections following a Notification Event;
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Examples of Issuer Collections Account in a sentence

  • Transaction Documents The Auto Portfolio Purchase Agreement, the ServicingAgreement, the Norwegian Security Agreement, the Irish Security Deed, the Security Trust Deed, the Cross Currency Swap Agreement, the Corporate Administration Agreement, the Transaction Account Agreement, the Issuer Collections Account Agreement, the Note Trust Deed, the Agency Agreement, the Subscription Agreement, the Custody Agreement and any amendments, supplements, terminations or replacements relating to any such documents.

  • Governing Law The Notes, the Note Trust Deed, the Subscription Agreement and the other Transaction Documents other than the Auto Portfolio Purchase Agreement, the Issuer Collections Account Agreement, the Servicing Agreement, the Norwegian Security Agreement, the Irish Security Deed and the Corporate Administration Agreement will be governed by, and construed in accordance with, English law.

  • The Norwegian Security Agreement, the Servicing Agreement and the Issuer Collections Account Agreement will be governed by, and construed in accordance with, Norwegian law.

  • Future events, including events affecting the Account Bank, the Issuer Collections Account Bank, the Seller and the Servicer (if different) and the Back-up Servicer Facilitator could also have an adverse effect on the rating of the Notes.

  • In this respect, it is significant that radio-galaxies are generally giant ellipticals, since these are expected to be formed essentially by mergers.

  • The amount of the contribution is deducted from the company car benefit for the year in which payments were made.

  • The Secretary shall be responsible for providing notices of Board and Executive Committee meetings, maintaining minutes and maintaining custody of the Association records with the assistance of staff.

  • Issuer Collections Account Bank Citibank Europe Plc, Austrian branch (in its capacity as the issuer collections account bank, the "Issuer Collections Account Bank").

  • Until instructed to make payments to the Issuer Collections Account under the Debtor Loan Agreements, the Debtors will not be notified or informed about the sale and purchase of the Purchased Receivables.

  • Additionally, by operation of Austrian law, the Noteholders will have the benefit of a pledge over the Issuer Collections Account pursuant to the Issuer Collections Account Pledge Agreement as well as a security assignment over the Purchased Receivables pursuant to the Security Assignment Agreement.

Related to Issuer Collections Account

  • 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.

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

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

  • 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.

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

  • 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.

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

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

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

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

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

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

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

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

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

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

  • 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.

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

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

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

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.