Lock-Box Banks definition

Lock-Box Banks shall have the meaning set forth in Section 7.13(a) hereof.
Lock-Box Banks means any of the banks listed in Exhibit B to the Purchase Agreement and Exhibit K to the Pooling and Servicing Agreement (including their successors) and any other bank which becomes a Lock-Box Bank pursuant to Section 2.06(i) of the Pooling and Servicing Agreement and which is a party to a Lock-Box Agreement and pursuant thereto holds or may in the future hold one or more lock-box accounts for receiving Collections.
Lock-Box Banks means any of the banks listed in Schedule 5.3(m) to the Transfer and Servicing Agreement (including their successors) and any other bank which becomes a Lock-Box Bank pursuant to Section 5.3(m) of the Transfer and Servicing Agreement and which is a party to a Lock-Box Agreement.

Examples of Lock-Box Banks 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 names and addresses of all the Lock-Box Banks together with the account numbers of the Lock-Box Accounts and Lock-Boxes 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 and Lock-Boxes as have been notified to the Administrator), and each Lock-Box Account and Lock-Box is subject to a Lock-Box Agreement.

  • The Agent is hereby authorized to give notice at any time after the occurrence of a Collection Agent Replacement Event to any or all Lock-Box Banks that the Agent is exercising its rights under the Lock-Box Letters and to take all actions permitted under the Lock-Box Letters.

  • Prior to the Closing Date, the Borrower shall have entered into Lock-Box Agreements with all of the Lock-Box Banks and delivered executed counterparts of each to the Administrative Agent.

  • The Agent may, and the Seller shall at the Agent's request, withhold the identity of the Purchasers from the Obligors and Lock-Box Banks.


More Definitions of Lock-Box Banks

Lock-Box Banks is defined in clause (a) of Section 3.4.
Lock-Box Banks means each of the banks set forth in Exhibit G hereto and such banks as may be added thereto or deleted therefrom pursuant to Section 4.06(a).
Lock-Box Banks. MEANS BANKERS TRUST COMPANY.
Lock-Box Banks means any of the banks, including banks with blocked accounts, listed in Exhibit B to the Purchase Agreement and Exhibit K to the Pooling and Servicing Agreement (including their successors) and any other bank which becomes a Lock-Box Bank pursuant to Section 2.06(i) of the Pooling and Servicing Agreement and which is a party to a Lock-Box Agreement and pursuant thereto holds or may in the future hold one or more lock-box or blocked accounts for receiving Gross Collections.
Lock-Box Banks in line three thereof and adding the phrase “and the Cash Collateral Agreementafter the term “Lock-Box Agreements” in line four thereof.
Lock-Box Banks means Nationsbank, PNC Bank, National Association and First National Bank of Detroit.
Lock-Box Banks means First Fidelity Bank, N.A., New Jersey or any replacement bank chosen by Borrower and approved by Foothill.