Lockbox and Collection Account Agreement definition

Lockbox and Collection Account Agreement means the Lockbox and Collection Account Agreement by and among the Borrower, Xxxxx Fargo Bank, N.A., Regulus West, LLC and the Lender, of even date herewith.
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Lockbox and Collection Account Agreement means the Lockbox and Collection Account Agreement by and among Borrower, Bank of America, N.A., Regulus West, LLC and Lender, of even date herewith.
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Lockbox and Collection Account Agreement means the Special Lockbox Deposit Agreement, dated or about the date hereof, among the Borrower, the Lender and the Lockbox Bank.
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Examples of Lockbox and Collection Account Agreement in a sentence

  • The Lender shall from time to time, in accordance with the Wholesale Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender’s general account for payment of the Indebtedness.

  • The Lender shall from time to time, in accordance with the Wholesale Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender’s general account for payment of the Obligations.

  • The Lender shall from time to time, in accordance with the Wholesale Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender's general account for payment of the Indebtedness.

  • The Borrower may, from time to time, in accordance with the Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender's general account for payment of the Obligations.

  • By: ------------------------ Its: Chief Financial Officer Exhibit C to Amendment SOLUNET LOCKBOX AGREEMENT WHOLESALE LOCKBOX AND COLLECTION ACCOUNT AGREEMENT (Lender Collection Account - ACH Debit Entry Transfers) This Wholesale Lockbox and Collection Account Agreement ("Agreement"), dated as of the date specified at the end of this Agreement, by and among Solunet Storage, Inc.

  • All payments not constituting immediately available funds shall be forwarded by the Lender to Regulus West LLC for collection and processing in accordance with the Lockbox and Collection Account Agreement.

  • The Lender shall from time to time, in accordance with the Wholesale Lockbox and Collection Account Agreement, and the Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender's general account for payment of the Obligations.

  • Except as otherwise specifically provided in these Procedures or in the Lockbox and Collection Account Agreement signed by Lender (the “Agreement”), or as specifically requested by Lender and agreed to by Regulus, Regulus will not reconcile the checks, cash or other items in the envelopes to invoices, to Remittance statements or to any other documents or papers in the envelopes or elsewhere.

  • Lender shall from time to time, in accordance with the Wholesale Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred (at Borrower’s expense) to Lender’s general account for payment of the Obligations, after giving effect to a collection period of at least two Business Days, in addition to any period imposed after such transfer pursuant to Section 2.8(c).

  • The Lender shall from time to time, in accordance with the Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender’s general account for payment of the Obligations.


More Definitions of Lockbox and Collection Account Agreement

Lockbox and Collection Account Agreement means the Lockbox and Collection Account Agreement by and among the Borrower, Xxxxx Fargo Bank and the Lender, dated the same date as this Agreement.
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Related to Lockbox and Collection Account Agreement

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Control Agreement means that certain Account Control Agreement, dated as of the date hereof, by and among Seller, Buyer, and U.S. Bank National Association, in form and substance acceptable to Buyer, as the same may be amended, restated, supplemented or otherwise modified from time to time, and which shall provide for Buyer control of the Collection Account as of the date of execution.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Account Agreement means the agreements for the operation of the Account.

  • Spread Account Agreement means the Spread Account Agreement dated as of December 1, 1994, as amended and restated as of May 11, 1998 among the Insurer, the Seller and the Collateral Agent, as the same may be modified, supplemented or otherwise amended in accordance with the terms thereof.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

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

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

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

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

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

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

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

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

  • 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.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

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

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Lockbox Agreement means each agreement between a Borrower and a Clearing Bank concerning the establishment of a Lockbox for the collection of Receivables.

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