Lock-Box Bank definition

Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.
Lock-Box Bank means each bank listed on Exhibit F, as revised pursuant to Section 5.1(i).
Lock-Box Bank. Bank of America, N.A., or any of the banks or other financial institutions holding one or more Lock-Box Accounts.

Examples of Lock-Box Bank in a sentence

  • A Servicer shall only add a Lock-Box Account (or a related Lock-Box), or a Lock-Box Bank to those listed on Schedule II to this Agreement, if the Administrative Agent has received notice of such addition and an executed and acknowledged copy of a Lock-Box Agreement (or an amendment thereto) in form and substance acceptable to the Administrative Agent from the applicable Lock-Box Bank (or pursuant to other arrangements consented to in writing by the Administrative Agent and each Group Agent).

  • No SPV Entity shall terminate a Lock-Box Bank or close a Lock-Box Account (or a related Lock-Box) without the prior written consent of the Administrative Agent.

  • Each SPV Entity shall only add a Lock-Box Account (or a related Lock-Box) or a Lock-Box Bank to those listed on Schedule II to this Agreement, if the Administrative Agent has received notice of such addition and an executed and acknowledged copy of a Lock-Box Agreement (or an amendment thereto) in form and substance acceptable to the Administrative Agent from the applicable Lock-Box Bank (or pursuant to other arrangements consented to in writing by the Administrative Agent and each Group Agent).

  • A Servicer shall only terminate a Lock-Box Bank or close a Lock-Box Account (or a related Lock-Box) with the prior written consent of the Administrative Agent.

  • Since the Closing Date, neither such Person nor any Servicer has consented to the applicable Lock-Box Bank complying with instructions of any other Person other than the Administrative Agent.


More Definitions of Lock-Box Bank

Lock-Box Bank means each of the banks set forth in Exhibit C hereto and such banks as may be added thereto or deleted therefrom pursuant to Section 2.8 hereof.
Lock-Box Bank means any of the banks holding one or more Collection Accounts or the Concentration Account.
Lock-Box Bank means, as of any date, a depository institution named by the Servicer and acceptable to the Certificate Insurer at which the Lock-Box Account is established and maintained as of such date.
Lock-Box Bank means, as of any date, a depository institution named by the Servicer and acceptable to the Note Insurer at which a Lock-Box Account is established and maintained as of such date.
Lock-Box Bank means any of the banks specified on Schedule I hereof and any other bank specified as a “Lock-Box Bank” in accordance with this Agreement, in each case holding one or more Lock-Box Accounts.
Lock-Box Bank means any of the banks holding one or more Lock-Box Accounts for receiving Collections from Pool Receivables.
Lock-Box Bank means Bank of America, N.A.