Originator Collection Account definition

Originator Collection Account means any “Collection Account” and related Lockboxes (if any) set forth on Schedule 4.01(q) to the Funding Agreement, established by any Originator and maintained by such Originator at a Collection Account Bank, which account shall be subject to a Collection Account Agreement.
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Originator Collection Account means each deposit account listed on Schedule II to this Agreement (as such schedule may be modified from time to time pursuant to the terms hereof).
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Originator Collection Account means each deposit account, Lockbox or similar account of an Originator in which any Collections are deposited or collected.
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Examples of Originator Collection Account in a sentence

  • Schedule 4.01(q) lists all banks and other financial institutions at which the Borrower maintains deposit or other bank accounts, including any Account and each Originator Collection Account, and such schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • No Originator Collection Account is in the name of any Person other than the relevant Originator, and no Originator has consented to any Bank following the instructions of any Person other than the Administrative Agent.

  • Notwithstanding anything to the contrary contained herein, this clause (m) shall not apply to Synnex Canada or any Originator Collection Account prior to the Synnex Canada Effective Date.

  • No Originator Collection Account is in the name of any person other than the relevant Originator, and no Originator has consented to any Bank following the instructions of any Person other than the Administrative Agent.

  • The Collateral Agent or its designee has “control” (as defined in Section 9-104 of the UCC) over each Collection Account and each Originator Collection Account is subject to an Account Control Agreement.

  • The Collateral Agent or its designee has “control” (as defined in Section 9-104 of the UCC) over each Interest Reserve Account and each Borrower Collection Account and each Originator Collection Account is subject to an Account Control Agreement.

  • By its execution of this Agreement, Parent hereby agrees (subject to Section 12.20 of the Funding Agreement) that it has no claim to any Originator Collection Account, or to any amounts on deposit therein (other than bare legal title to any Originator Collection Account titled in Parent's name).

  • No Originator shall terminate or permit the termination of any Originator Specified Account, Originator Collection Account or Lockbox without the prior written consent of the Required Purchasers.

  • Each Originator Collection Account is in the name of the applicable Originator or FSN.

  • In addition, each Originator does hereby grant, to the Company a security interest to secure such Originator’s obligations hereunder in all of such Originator’s now or hereafter existing right, title and interest in, to and under each Lockbox and each Originator Collection Account.


More Definitions of Originator Collection Account

Originator Collection Account means any of the accounts (and any related lock-box or post office box) so specified in Schedule II maintained at a Collection Account Bank in the name of an Originator; provided, however that the Legacy Fox Account shall be deemed to be a Originator Collection Account hereunder on or before the Legacy Fox Account Termination Date.
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Originator Collection Account means each designated account in the name of the Originator or following compliance with the provisions of Clause 12.1, the Borrower maintained and operated by the Sub-Collection Agent with [•] with the following designated account numbers [•] (in respect of Sterling), [•] (in respect of Dollars) and [·] (in respect of euro) (as from time to time renewed, redesignated or renumbered) or such other account notified to the Purchaser and each the Administrative Agent into which Collections are to be paid by the Obligors;
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Related to Originator Collection Account

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

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

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

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

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

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

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

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

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

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

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Finance Charge Account is defined in Section 4.9(a).

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

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

  • Note Account As defined in the Indenture.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

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

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.