Lock-Box Accounts definition

Lock-Box Accounts has the meaning set forth in Section 6.12.

Lock-Box Accounts means each of the accounts (and any related lock-box or post office box) specified in Schedule II (or such as have been notified to and approved by the Administrative Agent in accordance with Section 8.01(h)) maintained at a Lock-Box Bank in the name of a Seller.

Lock-Box Accounts means the accounts and any related lock-boxes established at Xxxxx Fargo Bank, National Association, in the case of the U.S. Securitization Entities, and JPMorgan Chase Bank, N.A. and Xxxxxxxxxx Group, in the case of the Canadian Securitization Entities, for purposes of collecting Franchisee Payments and amounts from Franchisees that constitute Excluded Amounts.

Examples of Lock-Box Accounts in a sentence

• The names and addresses of all the Lock-Box Banks together with the account numbers of the Lock-Box Accounts at such Lock-Box Banks, are specified in Schedule II to this Agreement (or at such other Lock-Box Banks and/or with such other Lock-Box Accounts as have been notified to the Administrator), and all Lock-Box Accounts are subject to Lock-Box Agreements.

• The Seller owns and has good and marketable title to the Lock-Box Accounts free and clear of any Adverse Claim.

• Neither the Lock-Boxes nor the Lock-Box Accounts are in the name of any Person other than the Borrower.

• Box Banks, Lock-Box Accounts and Payment Instructions to Obligors.

• Each Lock-Box and Lock-Box Account is in the name of the Borrower, and the Borrower owns and has good and marketable title to the Lock-Box Accounts free and clear of any Adverse Claim.

More Definitions of Lock-Box Accounts

Lock-Box Accounts means each of the accounts (and any related lock-box or post office box) specified in Schedule 6.1(n) maintained at a Lock-Box Bank in the name of the Seller.

Lock-Box Accounts means the deposit accounts with NationsBank, or any subsequent lockbox bank, established and maintained pursuant to either Lock Box Agreement.

Lock-Box Accounts means the accounts listed on Exhibit C to the Servicing Agreement, each in the name of the Company, and under the exclusive ownership, dominion and control of the Trustee.

Lock-Box Accounts shall have the meaning given such term set forth in Subsection 3.6.

Lock-Box Accounts means the accounts maintained at Bank of America, N.A. in the name of CapitalSource Funding Inc. for the purpose of receiving Collections, including but not limited to Collections from the Obligor Lock–Boxes, the details of which are contained in Schedule I, as such schedule may be amended from time to time.

Lock-Box Accounts means each of the accounts (and any related lock-box or post office box) specified in Schedule II maintained at a Lock-Box Bank in the name of the Borrower or prior to the Post-Closing Date, an Originator.

Lock-Box Accounts shall have the meaning set forth in Section 7.13(a) hereof.