Overconcentration Account definition

Overconcentration Account has the meaning specified in the Indenture.
Overconcentration Account has the meaning specified in subsection 5.02(c).
Overconcentration Account shall have the meaning specified in subsection 4.18(a).

Examples of Overconcentration Account in a sentence

  • Beginning of Monthly Period Available Overconcentration Account Amount $ 0.00 8.

  • The Overconcentration Account shall be under the control of the Indenture Trustee for the benefit of the Indenture Trustee and the Noteholders in accordance with Section 2.11.

  • End of Monthly Period Available Overconcentration Account Amount $0.00 17.

  • End of Monthly Period Available Overconcentration Account Amount $ 0.00 17.

  • Any remaining amounts on deposit in the Overconcentration Account in excess of the amount required to be treated as Available Principal Collections for a Monthly Period shall be released to the holders of the Transferor Interest in accordance with the related Indenture Supplement to the extent that, after such release, the Available Overconcentration Account Amount with respect to the related Monthly Period is equal to or greater than the Required Overconcentration Account Amount for such Monthly Period.

  • Principal Collections that would otherwise be paid to the holders of the Transferor Interest or that the applicable Indenture Supplement specifies are to be credited to the Overconcentration Account, shall be credited to the Overconcentration Account, if, after giving effect to additions to or removals from the Trust on or prior to that day, the Commercial Obligor Overconcentration Amount with respect to the related Monthly Period is greater than zero.

  • The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Overconcentration Account and in all proceeds thereof.

  • The Overconcentration Account shall be under the sole dominion and control of the Trustee for the benefit of the Investor Certificateholders.

  • Series 2005-1 Allocation of amounts withdrawn from the Overconcentration Account $0.00 APPLICATION OF SERIES 2005-1 AVAILABLE FINANCE CHARGE COLLECTIONS 1.

  • Xxxx shall request a Revolving Loan borrowing by written notice (or telephone notice promptly confirmed in writing) to the Agent not later than 12:00 Noon (Charlotte, North Carolina time) on the Business Day of the requested borrowing in the case of Base Rate Loans, and on the third Business Day prior to the date of the requested borrowing in the case of Eurodollar Loans.

Related to Overconcentration Account

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

  • 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.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

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

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

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

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

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

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

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

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

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

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

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

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • 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.

  • Final Collection Date means the Business Day following the termination of purchases under this Agreement on which all amounts to which the Purchasers shall be entitled in respect of Purchased Receivables and all other amounts owing to the Administrative Agent and the Purchasers hereunder and under the other Purchase Documents are paid in full.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

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

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

  • 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.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

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