MYT Account definition

MYT Account shall have the meaning ascribed to it in the Second Lien Notes Indenture. Liens securing the Second Lien Notes Obligations on Limited MYT Guarantee Collateral to be released following the earlier to occur of (i) a MYT Deposit Event (as defined in the Second Lien Notes Indenture) and (ii) the provision of MYT Alternate Security (as defined in the Second Lien Notes Indenture) pursuant to the terms of the Second Lien Notes Indenture.
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MYT Account means a segregated account of MYT Parent for the benefit of the trustee for the Second Lien Notes on behalf of the holders of the Second Lien Notes, pledged to secure the Second Lien Notes. Upon the maturity of the Second Lien Notes or their earlier retirement, replacement or redemption in full, the proceeds held in the MYT Account shall be released to the MYT Guarantor Entities or their assignees for application in accordance with the provisions of the MYT Waterfall.
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MYT Account has the meaning set forth in the GCA.
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More Definitions of MYT Account

MYT Account means a segregated account of MYT Parent for the benefit of the trustee and collateral agent on behalf of the holders of the Notes, pledged to secure the Second Lien Notes Obligations.
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MYT Account means a segregated account of MYT Parent for the benefit of the Trustee on behalf of the Holders, pledged to secure the Notes. Upon the maturity of the Notes or their earlier retirement, replacement or redemption in full, the proceeds held in the MYT Account shall be released to the MYT Guarantor Entities or their assignees for application in accordance with the MYT Holdco Preferred Series A Certificate or, whenever no shares of MYT Holdco Series A Preferred Stock are outstanding, the MYT Holdco Preferred Series B Certificate, or whenever no shares of MYT Holdco Series B Preferred Stock are outstanding, the MYT Third Lien Notes Pledge Agreement.
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MYT Account means a segregated account of MYT Parent for the benefit of the trustee and collateral agent on behalf of the holders of the Second Lien Notes, pledged to secure the Second Lien Notes.
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Related to MYT Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Investment Account As defined in Section 3.12(a).

  • Direct Account : means any Account which is not an ISA Account.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Client Account means any account opened by the Client at the Company including Transitory Accounts, trading accounts, partner accounts, Manager's accounts, Investor's accounts and other account types.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

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

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

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

  • Note Account As defined in the Indenture.