Series Collection Account definition

Series Collection Account means, with respect to a Series, the related Collection Account created, designated and maintained as such pursuant the related Series Supplement.
Series Collection Account means the account established pursuant to the 20[•]-[•] Series Supplement.
Series Collection Account means account number 098074-000 established and maintained with Wilmington Trust Company or such other account established and designated as the “Series Collection Account” with respect to Series 2010-1 pursuant to Section 4.04 of the Agreement.

Examples of Series Collection Account in a sentence

  • One Business Day prior to each Distribution Date, the Issuer shall deposit or cause to be deposited to the related Series Collection Account Available Funds (which shall be immediately available) with respect to the related Collection Period.

  • HAFC and the Seller, as applicable, shall deposit or cause to be deposited in the Master Collection Account for distribution to the appropriate Series Collection Account on the Business Day preceding the Determination Date following the date on which such obligations are due the aggregate Repurchase Amount with respect to Repurchased Receivables.

  • In consideration of and simultaneously with the repurchase of the Receivables, the Seller shall remit, or cause HAFC to remit, to the related Series Collection Account, the Repurchase Amount in the manner specified in Section 5.4 and the Issuer shall execute such assignments and other documents reasonably requested by such person in order to effect such repurchase.

  • If the Servicer has not sold a Matured Vehicle within six calendar months after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance from the 20[•]-[•] Series Collection Account.

  • Within six months of receiving such reimbursement, if the related 20[•]-[•] Vehicle has not been sold, the Servicer shall, if permitted by applicable law, cause such 20[•]-[•] Vehicle to be sold at auction and shall remit the proceeds (less Disposition Expenses and Liquidation Expenses) associated with such auction sale to the 20[•]-[•] Series Collection Account.


More Definitions of Series Collection Account

Series Collection Account means, with respect to a Series, the related Collection Account created, designated and maintained as such pursuant the related Series Supplement. “Series Collections” means, with respect to any Collection Period, the net amount collected or received by the Servicer in respect of the 2023-A Series Assets during the Collection Period, including: (i) Monthly Payments (including Payments Ahead and Pull-Forward Payments, when received), Payoffs, and any other payments under the 2023-A Leases (excluding any Administrative Charges); (ii) Repurchase Payments made by the Servicer; (iii) Monthly Scheduled Termination Sale Proceeds; (iv) Monthly Early Termination Sale Proceeds (which includes Early Termination Charges); (v) Net Liquidation Proceeds; (vi) Net Insurance Proceeds; (vii) Remaining Net Auction Proceeds; (viii) Remaining Payoffs; (ix) Excess Mileage and Excess Wear and Tear Charges; (x) Recoveries; and (xi) Residual Value Surplus; in each case to the extent not duplicative with any other clause of this definition.
Series Collection Account means the account described in Clause 5.1(c)(i) of the Receivables Trust Deed and Trust Cash Management Agreement;
Series Collection Account means the segregated bank account established and designated as such pursuant to Section 6.01(a). The Series Collection Account shall initially be account number 47-47-002-0000000 established and maintained with PNC Bank, National Association at PNC Bank, DE, 000 Xxxxxxxx Xxxxxx, 00xx Xxxxx, Xxxxxxxxxx, XX 00000.
Series Collection Account means the account in the name of South Gyle Receivables Trustee Limited for Series 2005-A held with The Royal Bank Of Scotland International Limited titled as "Sth Gyle Recvbles Tste Ltd - Series Coll A/C" with sort code 16-10-28 and account number 50452269
Series Collection Account means the Eligible Deposit Account created pursuant to Section 3.01 hereof which initially shall be account no. ____________, for further credit, account no. ________________, reference Household Auto ______ Collection Account at the Indenture Trustee, ABA No. _________.
Series Collection Account means the segregated bank account established and designated as such pursuant to Section 4.03(a), and identified in the Supplement as the “Series Collection Account”.
Series Collection Account. With respect to each Series of Notes, the account established by the Issuer pursuant to the Servicing Agreement as a segregated trust account in the name of the