Originator Accounts definition

Originator Accounts means revolving credit card accounts maintained by the Originator, including accounts that have been written off as uncollectible.
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Originator Accounts means each of the accounts (and any related lock-box or post office box) specified in Schedule II maintained at an Originator Account Bank in the name of an Originator.
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Examples of Originator Accounts in a sentence

  • Each Originator Lock-Box and Originator Account is in the name of an Originator, and an Originator owns and has good and marketable title to the Originator Accounts free and clear of any Adverse Claim.

  • Exhibit IV-B hereto sets forth (i) the names and addresses of all Originator Account Banks, together with the account numbers of the Originator Accounts, and (ii) the addresses of all Originator Lock-Boxes, the numbers of all associated Originator Accounts and the name and address of each Originator Account Bank.

  • Keep its principal place of business and chief executive office, and the offices where it keeps its records concerning or related to Originator Accounts, at the address(es) referred to in Exhibit D or, upon 15 days' prior written notice to the Company and the Agent, at such other locations in jurisdictions where all action required by Section 7.3 shall have been taken and completed.

  • Permit the Agent, and/or any agent designated by it, (i) access to all books and records in its possession or under its control relating to Originator Accounts and the Related Security, including the related Contracts; and (ii) to enter upon its premises for the purpose of examining such materials described in clause (i) above, and to discuss matters relating to Originator Accounts and the Related Security or its performance hereunder or under the Contracts with any of its officers and employees.

  • Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Servicer may reasonably request in order to perfect, protect or more fully evidence the Originator Accounts and Related Rights purchased by the Company hereunder, or to enable the Company to exercise or enforce any of its rights hereunder.

  • Neither the Originator Accounts nor the related Collection Bank Agreements may be terminated without the prior written consent of the Agent.

  • If, however, notwithstanding the intent of the parties, such transactions are deemed to be loans, Originator hereby grants to the Company a first priority security interest in all of Originator's right, title and interest in and to the Originator Accounts and the Related Rights now existing and hereafter created, all monies due or to become due and all amounts received with respect thereto, and all proceeds thereof, to secure all of Originator's obligations hereunder.

  • The "Purchase Price" (to be paid to Originator in accordance with the terms of Article III) for the Originator Accounts and the Related Rights that are purchased hereunder from Originator shall be 9[_]% of the outstanding balance of such Originator Account on the relevant Payment Date, with the term "Payment Date" meaning (i) the Closing Date and (ii) each Business Day thereafter that Originator is open for business.

  • It is the express intent of the parties hereto that the transfers of the Originator Accounts and Related Rights by Originator to the Company, as contemplated by this Agreement be, and be treated as, sales or contributions, as applicable, and not as secured loans secured by the Originator Accounts and Related Rights.

  • Originator hereby authorizes the Company or its designee to file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the Originator Accounts and Related Rights now existing or hereafter generated by Originator.

Related to Originator Accounts

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

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

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

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

  • 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 Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Separate Accounts means the accounts which are to be prepared for each

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

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • 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.

  • 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.

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

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

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

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

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

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

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

  • Issuer Accounts means, collectively, the Excess Funding Account, the Collection Account and any Supplemental Issuer Account, including any Sub-Accounts thereof.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

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

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

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

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