Remarketing Fee Account definition

Remarketing Fee Account means the account designated as such, established and maintained pursuant to Section 2.3(i) of the Administration Agreement.
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Remarketing Fee Account means an Account established within the Administration Fund and further described in Section 4.03 hereof, including any subaccounts created therein.
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Remarketing Fee Account means the account designated as such, established and maintained pursuant to Section 2.3A.6 of the Administration Agreement.
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Examples of Remarketing Fee Account in a sentence

  • On the Closing Date, the Trust shall deposit the Remarketing Fee Account Initial Deposit into the Remarketing Fee Account from proceeds of the sale of the Notes.

  • If applicable, on each date on which a deposit is required to be made into the Remarketing Fee Account pursuant to the terms of a Supplemental Indenture, an amount up to such required amount shall be deposited to the Remarketing Fee Account pursuant to Section 4.05(c) hereof.

  • Each deposit required by this Section 4.06(a) to pay the foregoing amounts shall be made by transfer from the following Funds and Accounts, in the following order of priority: the Collection Fund, the Surplus Fund, the Capitalized Interest Fund, the Acquisition Fund (other than that portion of the Balance thereof consisting of Financed Student Loans), the Reserve Fund and, as to Senior Notes and Other Senior Obligations only, the Remarketing Fee Account.

  • Beginning on the Distribution Date that is one year prior to a Reset Date and through such Reset Date, the Trust shall deposit into the Remarketing Fee Account, available funds, up to the related Quarterly Required Amount on each such Distribution Date, until the balance on deposit in the Remarketing Fee Account reaches the Reset Period Target Amounts for all classes of Reset Rate Notes prior to payment of interest on the Notes.

  • Amounts on deposit in the Remarketing Fee Account shall be used to pay the Remarketing Agent Fees due on the Reset Rate Notes on the related Reset Date.

  • If the amount on deposit in the Remarketing Fee Account on any Monthly Calculation Date, after the payment of any Remarketing Fees due on such Monthly Calculation Date, exceeds the sum of the Reset Period Target Amounts, the Issuer shall direct the Trustee to transfer such excess to the Collection Fund on such Monthly Calculation Date.

  • If on any Monthly Calculation Date amounts in the Collection Fund and Surplus Fund are insufficient to pay amounts due under Section 4.05(d) or (e) hereof, to the extent sums are on deposit in the Remarketing Fee Account, such sums shall be withdrawn from the Remarketing Fee Account in an amount equal to the deficiency and used to pay such deficiency.

  • In the event that the fees owed to any Remarketing Agent on a Reset Date exceeds the amount then on deposit for such purposes in the Remarketing Fee Account, such shortfall shall be paid on future Monthly Calculation Dates.

  • Amounts in the Administration Fund may, subject to any limitations specified in a Supplemental Indenture, be paid out for Servicing Fees, Administration Fees or Note Fees at any time upon receipt of an Issuer Order and shall be paid in the full amount designated therein; provided, however, fees due a Remarketing Agent shall be paid first from amounts on deposit in the Remarketing Fee Account.


More Definitions of Remarketing Fee Account

Remarketing Fee Account. Accumulation Account", "Supplemental Interest Account", "Euro Account" and "Other Currency Accounts" in the definition of "Trust Accounts". Section 2.3B is further amended by deleting the third sentence in its entirety and replacing it with the following: "Funds on deposit in the Trust Accounts (other than the Euro Account or any Other Currency Accounts) shall be invested in Eligible Investments that mature so that such funds will be available on the Monthly Servicing Payment Date (to the extent necessary to pay the Primary Servicing Fee payable on such date) or the applicable Distribution Date".
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Remarketing Fee Account means the account designated as such, established and maintained pursuant to Section 2.3A.6 of the Administration Agreement. "REMARKETING FEE ACCOUNT INITIAL DEPOSIT" means $3,984,845. "REMARKETING TERMS DETERMINATION DATE" means, for a class of Reset Rate Notes, not later than 3:00 p.m., New York City time, on the eighth Business Day prior to the applicable Reset Date.
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Related to Remarketing Fee Account

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

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

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

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

  • Expense Account The account established pursuant to Section 10.3(c).

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Excess Interest Distribution Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Class S – Excess Interest Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the Excess Interest Certificates. The Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • 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.

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

  • 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.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Note Account As defined in the Indenture.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

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

  • 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.

  • 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.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Companion Distribution Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

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

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

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