Special Account Bank definition

Special Account Bank means any of the banks holding one or more Special Accounts.
Special Account Bank means any of the banks holding one or more Special Accounts. "Tariff" means the tariff pursuant to which the Seller shall provide service to certain Obligors from time to time and pursuant to which such Obligors shall be obligated to pay for such service from time to time. "Termination Date" for any Eligible Asset means the earlier of (i) the Reinvestment Termination Date for such Eligible Asset and (ii) the Facility Termination Date. "UCC" means the Uniform Commercial Code as from time to time in effect in the specified jurisdiction. "Yield" means: (i) for each Eligible Asset for any Fixed Period to the extent the Owner will be funding such Eligible Asset on the first day of such Fixed Period through the issuance of commercial paper or through the issuance of notes at a Fixed Rate, IR x C x ED + LF --- 360 (ii) for each Eligible Asset for any Fixed Period to the extent the Owner will not be funding such Eligible Asset on <PAGE> 25 19 the first day of such Fixed Period through the issuance of commercial paper or notes, AR x C x ED + LF --- 360 where: AR = the Assignee Rate for such Eligible Asset for such Fixed Period. C = the Capital of such Eligible Asset during such Fixed Period. IR = the Investor Rate for such Eligible Asset for such Fixed Period. ED = the actual number of days elapsed during (a) such Fixed Period or (b) in the case of Fixed Period at a Fixed Rate the fraction shall be adjusted to correspond to the calculation of interest on any note the proceeds of which fund or maintain the Capital of such Eligible Asset. LF = the Liquidation Fee, if any, for such Eligible Asset for such Fixed Period; provided, however, with respect to any Fixed Period in respect of which Yield is computed by reference to a Fixed Rate, Yield shall be the aggregate of all such computations for such Fixed Period for the applicable monthly, quarterly, or semi-annual interest period as the Seller may have selected and the Agent shall have approved; and provided, further, that no provision of this Agreement or the Certificate shall require the payment or permit the collection of Yield in excess of the maximum permitted by applicable law; and provided, further, that Yield for any Eligible Asset shall not be considered paid by any distribution if at any time such distribution is rescinded or must otherwise be returned for any reason; and provided, further, that, without limiting the obligation of the Seller to pay the costs, expenses, commissions, taxes, fees and other amou...

Examples of Special Account Bank in a sentence

  • The Seller hereby transfers to the Purchaser, and shall cause each of the Transferring Affiliates to transfer to the Purchaser, effective concurrently with the initial Purchase hereunder, all right, title and interest of such Originating Entity in and to each Special Account, together with each lock-box related thereto and all agreements between such Originating Entity and the applicable Special Account Bank.

  • Physician further agrees that during the Term (as defined below), the Special Account Bank may not provide financing to Physician or act on the behalf of another party in connection with the provision of such financing.

  • Very truly yours, [NAME OF ORIGINATING ENTITY] By: Title Agreed and acknowledged: [NAME OF SPECIAL ACCOUNT BANK] By: Title: FORM OF SPECIAL ACCOUNT BANK LETTER [for zero balance accounts] [DATE] [Name and Address of Special Account Bank] [Name of Originating Entity] Ladies and Gentlemen: Reference is made to our depository account[s] number[s] maintained in the name of the undersigned (the “Originating Entity”) with you (the “Account[s]”).

  • On the business day immediately prior to the weekly sweep, CCPI shall provide a statement to the Special Account Bank, which statement shall (a) detail the weekly sweep payment to be made to the CCPI Second Bank Account, which relate to Patient claims paid by Segregated Payors, and (b) detail the weekly sweep payment to be made to the Physician Bank Account.

  • XXXXXXX A --------- FORM OF NOTE PURCHASE AGREEMENT ------------------------------- EXHIBIT G WIRE INSTRUCTIONS ----------------- Title of Account: Reid & Priest Special Account Bank: Xxxibank ABA No.: 021-000-089 Acct.

Related to Special Account Bank

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Blocked Account Banks means the banks with whom the Borrowers have entered into Blocked Account Agreements.

  • Account Bank means any of them.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.