Series Accounts definition

Series Accounts is defined in Section 4.2.

Examples of Series Accounts in a sentence

  • To the extent specified in the Series Supplement with respect to any Series of Notes, the Trustee may establish and maintain one or more Series Accounts and/or administrative accounts of any such Series Account in accordance with the terms of such Series Supplement.

  • If so provided in the related Supplement, the Trustee, for the benefit of the Investor Certificateholders, shall cause to be established and maintained in the name of the Trust, one or more Series Accounts.

  • This Certificate shall not represent any interest in the Investor Accounts, any Series Accounts or any Credit Enhancement, except to the extent provided in the Pooling and Servicing Agreement.

  • If so provided in the Series Supplement, the initial Servicer shall cause to be established and the Servicer shall maintain in the name of the Trustee for the benefit of the Noteholders and the other Secured Parties as designee of the Receivables Trust, one or more Series Accounts.

  • If by applying the conforming assets tests to the Series Accounts an instance of noncompliance with the Guidelines is noted, Xxxxxxx/Mellon will notify MBIA and the Fund promptly of such noncompliance in writing via facsimile transmission.


More Definitions of Series Accounts

Series Accounts means the Principal Funding Account and the Reserve Account.
Series Accounts. Any deposit, trust, escrow, collateral, reserve or similar account established and maintained by the Trustee for the benefit of the Noteholders of any Series or Class as specified in any Series Supplement.
Series Accounts means, for any Collateral Series, any bank accounts established for the benefit of the related Note Series, as defined in the related Indenture Supplement.
Series Accounts means each of the Series Rental Accounts, Series Vehicle Accounts, Series Interest Funding Accounts, Series Principal Funding Accounts and any other accounts established pursuant to an Indenture Supplement in respect of a Series.
Series Accounts shall have the meaning specified in subsection 3C.2(a).
Series Accounts shall have the meaning specified in Section 4.4(f).