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

• The Accounts currently existing under the Indenture are the 2024-B Series Collection Account, Reserve Account and the Note Distribution Account (collectively, the “Accounts”) maintained and held at the Securities Intermediary by the Issuing Entity in the name of the Secured Party, subject to the first priority security interest of the Secured Party for the benefit of the Noteholders in the Accounts granted by the Issuing Entity to the Secured Party to secure payment of the Notes.

• Notwithstanding anything to the contrary contained in this 2024-B Servicing Supplement, NMAC (as Servicer or in any other capacity) shall be permitted to deposit into the 2024-B Series Collection Account only the net amount distributable to the Issuing Entity, as holder of the 2024-B Series Certificate on the related Deposit Date and may pay the Optional Purchase Price pursuant to Section 9.03 of the Trust Agreement net of amounts to be distributed to the Servicer or its Affiliates.

More Definitions of Series Collection Account

Series Collection Account means, with reference to any Series, the account designated as such in the related Supplement.

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 account in the name of South Gyle Receivables Trustee Limited for Series 2005-B 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 Automotive Trust ___, Series ______, at the Indenture Trustee, ABA No. __________.

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 47-47-003-0000000 established and maintained by PNC Bank, National Association with PNC Bank, Delaware, 000 Xxxxxxxx Xxxxxx, 00xx Xxxxx, Xxxxxxxxxx, XX 00000.

Series Collection Account means, with respect to any Series, an account established pursuant to the related Supplement.