Spread Account definition

Spread Account means the Spread Account established and maintained pursuant to the Spread Account Agreement.

Spread Account means the account designated as such, established and maintained pursuant to Section 5.1(a) of the Sale and Servicing Agreement.

Spread Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

Examples of Spread Account in a sentence

• Allocations, Deposits and Reductions of the Spread Account Deposit of Change in Payment Cash on Payment and the Payment Provider Commitment Cash in Provider Deposit in Provider Spread Account Commitment Spread Account Commitment ------------------------------------------------------------ i.

• During the Transition Period, until NH Credit or the Successor Servicer has delivered the Servicer’s Certificate required under Section 4.8 hereof, any amounts remaining in the Collection Account and the Spread Account, after the payments referred to in clauses (i) and (ii) above are made, shall be held therein until the next Payment Date and the Indenture Trustee shall have no obligation to make any other payments in respect of such Payment Date.

• Additions to Spread Account (1) Deposits from Collections Account (VI.

• This Agreement may also be amended from time to time by the Seller, the Servicer and the Issuing Entity, with the written consent of the Indenture Trustee, but without the consent of any of the Noteholders or the Certificateholders, to: (x) replace the Spread Account with another form of credit enhancement as long as such substitution will not result in a reduction or withdrawal of the rating of any Class of the Notes or (y) add credit enhancement for the benefit of any Class of the Notes.

• Any investments on deposit in the Spread Account that will not mature on or before such Payment Date shall be sold by the Indenture Trustee at such time as will result in the Indenture Trustee receiving the proceeds from such sale not later than the Transfer Date preceding such Payment Date.

More Definitions of Spread Account

Spread Account means the account established and maintained as such pursuant to Section 5.01.

Spread Account is defined in subsection 4.12(a).

Spread Account means the account established and maintained as such pursuant to Section 4.01.

Spread Account means the account designated as such, established and maintained pursuant to the Spread Account Agreement Supplement.

Spread Account means the account designated as such, established and maintained pursuant to Article Three.

Spread Account has the meaning specified in the Sale and Servicing Agreement.

Spread Account means the Spread Account established by the Company, pursuant to the Sale and Servicing Agreement, in favor of the Indenture Trustee on behalf of the Holders of Notes and Certificates and as Collateral Agent for Financial Security.