SUBI Account definition

SUBI Account shall have the meaning set forth in Section 7.1(a).
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SUBI Account means, with respect to a SUBI, the SUBI Collection Account or the SUBI Lease Funding Account.
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SUBI Account means each Trust Account created with respect to a particular SUBI.
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Examples of SUBI Account in a sentence

  • Except as otherwise set forth in this 1997-A SUBI Servicing Supplement or in any other Securitization Trust Document, the Servicer shall, on at least a monthly basis, deposit into the 1997-A SUBI Account any proceeds of such Insurance Policy that the Servicer may receive with respect to any 1997-A Leased Vehicle.

  • If the Trust Agent at any time does not have the Required Deposit Rating, the Administrative Agent shall, with the assistance of the Trust Agent, as necessary, cause each such 1999-A SUBI Account to be moved as described in Section 4.02(a) of the Origination Trust Agreement.

  • TLI shall accept the transfer of the 1998-C SUBI Certificate and the 1998-C SUBI Insurance Certificate to the TLI SUBI Account.

  • All amounts held in the SUBI Account shall be invested in Eligible Investments in accordance with the Indenture until distributed or otherwise applied in accordance with the Indenture.

  • TLI shall accept the transfer of the 1998-B SUBI Certificate and the 1998-B SUBI Insurance Certificate to the TLI SUBI Account.

  • In connection with the transfer of the 1998-C SUBI Certificate and the 1998-C SUBI Insurance Certificate, TLI has established a "securities account" as such term is defined in Section 8-501 (a) of the UCC with the SUBI Securities Intermediary (the "TLI SUBI Account").

  • TMCC hereby agrees to instruct the SUBI Securities Intermediary to credit the transfer of the SUBI Certificate and the 1998-C SUBI Insurance Certificate from the TMCC SUBI Account to the TLI SUBI Account.

  • In connection with the transfer of the 1998-B SUBI Certificate and the 1998-B SUBI Insurance Certificate, TLI has established a "securities account" as such term is defined in Section 8-501 (a) of the UCC with the SUBI Securities Intermediary (the "TLI SUBI Account").

  • TMCC hereby agrees to instruct the SUBI Securities Intermediary to credit the transfer of the SUBI Certificate and the 1998-B SUBI Insurance Certificate from the TMCC SUBI Account to the TLI SUBI Account.

  • If at any time the Servicer shall not have given the Titling Trustee a timely investment directive with respect to any 1997-A SUBI Account, the Titling Trustee shall invest and reinvest any monies in such account(s) in a mutual fund offered by the Trust Agent or another affiliate of the Titling Trustee meeting the requirements of clause (i) of the definition of Permitted Investments.


More Definitions of SUBI Account

SUBI Account means the [____]-[_] SUBI Collection Account and any other trust account established with respect to the [____]-[_] SUBI.
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SUBI Account. With respect to any SUBI Certificate pledged under the Indenture, the related SUBI Account (as such term is defined in Section 7.1(a) of the Trust Agreement) shall be the Master Lockbox Account.
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SUBI Account has the meaning assigned to such term in the Annex of Definitions.
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SUBI Account has the meaning set forth in Section 4.01(a) hereof.
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SUBI Account shall have the meaning set forth in Section 8.1(a). ------------ --------------
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Related to SUBI Account

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

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

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collection Accounts As defined in Section 3.10(a).

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Direct Account : means any Account which is not an ISA Account.

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

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Note Account As defined in the Indenture.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Administration Account As defined in Section 7.02.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

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

  • Finance Charge Account is defined in Section 4.9(a).