Examples of Seller Collection Account in a sentence
All payments made by Borrowers will be paid into the Seller Collection Account.
Furthermore, the amounts standing to the credit of the Seller Collection Account will be pledged to the Previous Transactions SPVs and the Issuer jointly and repledged to the Previous Transactions Security Trustees and the Security Trustee jointly under the condition that future issuers in securitisation transactions of GMAC RFC Nederland will also have the benefit of such right of pledge.
The Servicer will ensure that all Collections are paid into the Seller Collection Account and if any amounts are incorrectly deposited into another account, the Servicer will transfer such amounts to the Seller Collection Account.
On each "Mortgage Payment Date" (being the 8th business day following each Mortgage Calculation Period End Date (defined below)) the relevant Pool Servicer shall transfer all amounts of principal, interest and prepayment penalties received by the relevant Seller in respect of the Relevant Mortgage Receivables and paid to the relevant Seller Collection Account during the immediately preceding Mortgage Calculation Period, to the Floating Rate GIC Account.
Amounts standing to the credit of the Seller Collection Account representing Collections will be transferred to the Issuer Collection Account held in the name of the Issuer at the Greek Account Bank on a daily basis.
In order to identify pharmaceutical patents, the classes A61K and A61P of the International Patent Classification (IPC) are considered.8 The patents granted over the period 1978-2010 have been extracted from the database.Information about health-related research articles published over the same time pe- riod are drawn from ISI Web of Knowledge.9 The database reports the affiliation of all the authors involved in a publication, along with their full address.
No liability whatsoever in respect of any failure by the Issuer to pay any amount due under the Notes shall be accepted by any of the Sellers, the Interest Rate Swap Provider, the Lead Manager, the Administrators, the Cash Manager, the Account Bank, the Seller Collection Account Banks, the Note Trustee, the Security Trustee or by any other person other than the Issuer.
The Seller Collection Account is administrated by the MPT Provider.
Seller Collection Accounts A ”Seller Collection Account Provider Rating Downgrade Event” means the event that the short-term, unsecured, unsubordinated and unguaranteed debt obligations of the Seller Collection Account Provider are assigned a rating of less than the Seller Collection Account Provider Required Rating or such rating is withdrawn by any of the Rating Agencies.
See the section entitled "Description of the Transaction Account Bank and the Cash Manager" Seller Collection Account BankBarclays Bank PLC 1 Churchill Place LondonE14 5HPSeller Collection Account Agreement and Declaration of Trust.