Issuer Distribution Account definition

Issuer Distribution Account means the account held in the name of the Issuer with the Issuer Account Bank having account number 00000000 and sort code 40-05-15, or any successor or replacement to such account at the Issuer Account Bank or at another Qualified Institution.
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Issuer Distribution Account has the meaning specified in the Issuer Master Framework Agreement.
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Issuer Distribution Account means the account or accounts entitled Delamare Cards MTN Issuer Plc Distribution Account in the name of the Issuer and maintained by the Account Bank or any account or accounts at any branch of the Account Bank in the United Kingdom or a Qualified Institution which replaces the same from time to time;
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Examples of Issuer Distribution Account in a sentence

  • The account number 00000000 in the name of the Company designated the "Issuer Distribution Account" held with HSBC Bank plc (the "Issuer Account Bank") at its branch at 0 Xxxxxx Xxxxxx, Xxxxxx X00 0XX be used as an account for the benefit of the Company (the "Issuer Distribution Account").

  • Following the occurrence of a Loan Note Event of Default, the Series 2015-1 Ledger of the Loan Note Issuer Distribution Account shall be operated in such manner and according to such mandate as the Security Trustee shall direct (subject to any Term Series Direction of the Series 2015-1 Loan Note Holders).

  • Following the occurrence of an Enforcement Event, the Issuer Cash Manager, on behalf of the Security Trustee, will withdraw the amounts deposited in the Principal Funding Account and cause such amount to be deposited in the Issuer Distribution Account to be distributed in accordance with the Enforcement Priority of Payments.

  • On each Transfer Date, all monies received or held in the Loan Note Issuer Distribution Account relating to a particular Series shall be applied to make the payments specified in the relevant Loan Note Supplement.

  • The Series 2023-1 (A1) Distribution Ledger shall reflect the amount of monies from time to time held by the Issuer in respect of Series 2023-1 (A1) in the Issuer Distribution Account.

  • The Loan Note Issuer will credit the amount received from the Receivables Trustee in respect of the Class A Monthly Distribution Amounts, the Class B Monthly Distribution Amounts, the Class C Monthly Distribution Amounts, the Class D Monthly Distribution Amounts, the Class E Monthly Distribution Amounts, the Class F Monthly Distribution Amounts and any other amounts relating to Series 2015-2 to the Series 2015-2 Ledger maintained within the Loan Note Issuer Distribution Account on each Transfer Date.

  • Such amount shall be deposited in the Issuer Distribution Account and identified for Series 2020-1 (A4) if the Class A4 (2020-1) Notional Tranche Holder is the Issuer (or as directed by the Class A4 (2020-1) Notional Tranche Holder if the Class A4 (2020-1) Notional Tranche Holder is not the Issuer).

  • Allocation and applicationOn the Transfer Date, the Issuer Disbursement Amount for Issuer Certificate No. 5 will be transferred to the Finance Charge Ledger of the Issuer Distribution Account and will form part of the Available Finance Charge Collections to be applied by the Issuer in accordance with the Finance Charge Priority of Payments on the immediately following Distribution Date.

  • If the Issuer is (acting reasonably) satisfied that the criteria are met it will direct the Issuer Account Bank to pay the sum from the Issuer Distribution Account, and to the extent of any shortfall, from the Reserve Account (in each case to the extent there are sufficient funds therein) in accordance with the Borrower Pre-Enforcement Priority of Payments.

  • Besides, DEP did not support the application as there are sensitive uses in the vicinity of the site and along Deep Bay Road.


More Definitions of Issuer Distribution Account

Issuer Distribution Account means, with respect to each Series, (together with any redesignation or sub-account thereof or any replacement therefor with any bank which is a Qualifying Institution), each account designated the "Arran Funding Limited - Issuer Distribution Account" and designated with reference to the number of such Series;
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Issuer Distribution Account means the account identified as such in the Issuer Distribution Account Bank Agreement;
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Issuer Distribution Account has the meaning ascribed thereto in Section 3.3 of this Indenture.
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Issuer Distribution Account means [any/the] account opened at any time pursuant to the Issuer Distribution Account Bank Agreement in relation to each Series of Notes issued by the Issuer and entitled "Issuer Distribution Account" in the name of the Issuer and maintained by the Account Bank at its Jersey branch or any account at any branch of the Account Bank in Jersey or Qualified Institution which replaces the same from time to time, together with any other accounts opened by the Issuer from time to time;
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Issuer Distribution Account has the meaning ascribed thereto in Section 3.3 of the Senior Secured Notes Indenture.
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Related to Issuer Distribution Account

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • 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.

  • Companion Distribution Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

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

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • 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.

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

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

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

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Administration Account As defined in Section 7.02.

  • 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.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

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

  • Lower-Tier Distribution Amount As defined in Section 5.02(a).

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

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.