Note Distribution Account definition

Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).
Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.
Note Distribution Account means the account designated as such, and established and maintained pursuant to Section 4.01 of the Sale and Servicing Agreement.

Examples of Note Distribution Account in a sentence

  • As provided in Sections 5.04 and 8.02, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Collection Account and the Note Distribution Account pursuant to Section 8.02(c) shall be made on behalf of the Issuer by the Indenture Trustee or by another Paying Agent, and no amounts so withdrawn from the Collection Account and the Note Distribution Account for payments of Notes shall be paid over to the Issuer except as provided in this Section.

  • Without limiting the foregoing, subject to Section 8.02(c), the Issuer will cause to be distributed all amounts on deposit in the Note Distribution Account on a Payment Date deposited therein in accordance with Section 8.02(d).

  • The Accounts currently existing under the Sale and Servicing Agreement are the Collection Account, the Note Distribution Account, the Yield Supplement Account and the Reserve Fund maintained and held at the Securities Intermediary by the Issuer, subject to the first priority security interest of the Secured Party for the benefit of the Noteholders in the Accounts granted by the Issuer to the Secured Party to secure payment of the Notes.


More Definitions of Note Distribution Account

Note Distribution Account means the account established and maintained as such pursuant to Section 7.01.
Note Distribution Account means the trust account established by the Indenture Trustee on behalf of the Noteholders pursuant to Section 8.02, into which amounts released from the 20[__]-[__] SUBI Collection Account and the Reserve Fund for distribution to Noteholders shall be deposited and from which all distributions to Noteholders shall be made.
Note Distribution Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 8.2(a) of this Indenture.
Note Distribution Account has the meaning set forth in the Indenture.
Note Distribution Account means the account established and maintained as such pursuant to Section 4.01.
Note Distribution Account means the account specified on Exhibit A.
Note Distribution Account means the Note Distribution Account established and maintained pursuant to Section 5.01(a)(ii) hereof.