Lockbox Provider definition

Lockbox Provider is defined in Section 6.3(c).
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Lockbox Provider shall have the meaning set forth in Section 6.3(c).
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Lockbox Provider. Fiserv Corporation or any other depository institution named by the Servicer and acceptable to the Lender and FC Consumer.
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Examples of Lockbox Provider in a sentence

  • The Lockbox Agreement shall provide that the Lockbox Provider shall remit all collections received in the lockbox to Bank.

  • The Lockbox Agreement and Lockbox Provider shall be acceptable to Bank.

  • On each Business Day, Lockbox Provider will collect from the Lockbox the envelopes and other contents of the Lockbox.

  • Customer hereby authorizes Lockbox Provider to establish a Post Office Box and have exclusive access to the Post Office Box.

  • Lockbox Provider will open the envelopes and determine whether they contain any Remittances, Remittance statements, invoices, checks, cash, or other correspondence.

  • All checks in the envelope that are not deposited, together with any correspondence in the envelope shall be mailed by Lockbox Provider to Customer.

  • Customer shall execute any and all forms required by the Postmaster to establish the Post Office Box and to grant Lockbox Provider exclusive access thereto.

  • Customer may at any time upon ten (10) calendar days prior written notice to Lockbox Provider request that a name or designation on Customer’s list of payees sent to Lockbox Provider be deleted or added, and Lockbox Provider will add or delete the name or designation if the request is acceptable to Lockbox Provider.

  • During each Business Day, Lockbox Provider will make deposits of the acceptable checks and cash received into the applicable Account.

  • All other Remittance Materials will be scanned by the Lockbox Provider, as directed by Customer and made available to Customer through the Website.

Related to Lockbox Provider

  • Lockbox Processor means Regulus Group II LLC, or its successors or assigns.

  • Lockbox Bank means a depository institution named by the Servicer and acceptable to the Controlling Party.

  • Lockbox has the meaning set forth in Section 2.11.

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

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

  • New Provider means any replacement service provider or providers engaged to provide the Services (or part thereof) or substantially similar services or the Authority itself where the Services or substantially similar services or part thereof continue to be provided by the Authority after partial termination, termination or expiry of this Contract;

  • Hub Provider means an entity that (i) provides Common Channel Signaling (SS7) connectivity between the networks of service providers that are not directly connected to each other; or (ii) provides third party database services such as LIDB. The SS7 messages received by Hub Providers are accepted or rejected by the Hub Provider depending on whether a contractual arrangement exists between the Hub Provider and the message originator (sender) and whether the message originator has contracted for the type of SS7 messages being submitted for transmission to the Hub Provider.

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

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Collateral Provider means the Security Collateral Provider under a Security Document or the Transferor under a Transfer Annex, according to context, in relation to which “Collateral Taker” means the Secured Party or the Transferee, as the case may be.

  • Lockbox Agreements means collectively, the Lockbox Account Agreement and the Lockbox Processing Agreement.

  • Banking Services Provider means any Lender (other than a Defaulting Lender) or Affiliate of a Lender (other than a Defaulting Lender) that provides Banking Services to any Credit Party.

  • Lockboxes has the meaning set forth in Section 2.7.

  • Services Provider means a provider of telecommunications services or other services similar to the Services, including O2 or an O2 Affiliate or any direct or indirect supplier of O2 or an O2 Affiliate;

  • Approved provider means a provider of services registered with the appropriate association or organization to render services to a member and approved by Latrobe to render services to its members.

  • Third-party logistics provider means an entity that provides

  • 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.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • 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.

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

  • Third Party Provider means licensors, subcontractors and suppliers of BNYM furnishing the Third Party Products.

  • Bank Product Provider Agreement means an agreement in substantially the form attached hereto as Exhibit B-2 to this Agreement, in form and substance satisfactory to Agent, duly executed by the applicable Bank Product Provider, the applicable Loan Parties, and Agent.

  • Provider is any individual or company that provides professional or technical services.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • payment service provider means a person whose business includes the provision of transfer of funds services;

  • Replacement Service Provider means any third party service provider appointed to perform the Services by the Purchaser from time to time.