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.

  • 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.

  • 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").

  • If any proceeds of the Residual Value Insurance Policy or any other residual value insurance policies applicable to the 1999-A Leased Vehicles and the 1999-A Contracts are deposited in any SUBI Account, or another account maintained by the Origination Trustee, the 1999-A Owner Trustee or the 1999-A Indenture Trustee, such amounts shall be distributed to the Servicer by the Origination Trustee, the 1999-A Owner Trustee or the 1999-A Indenture Trustee, as applicable, on the succeeding Distribution Date.

  • 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.

  • Each such 1999-A SUBI Account initially shall be established with U.S. Bank, as Trust Agent, so long as the Trust Agent has the Required Deposit Rating.

  • 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.

  • Each such 2001-A SUBI Account initially shall be established with U.S. Bank, as Trust Agent, so long as the Trust Agent has the Required Deposit Rating.

  • Except as otherwise provided for or contemplated in Section 7.1(b) of the Trust Agreement (as supplemented by this Supplement) and the Relevant Documents, the SUBI Account shall relate solely to the 2007-B SUBI and the 2007-B SUBI Portfolio, and funds therein shall not be commingled with any other monies.


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 shall have the meaning set forth in Section 8.1(a). ------------ --------------
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SUBI Account has the meaning set forth in Section 4.01(a) hereof.
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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 in form reasonably acceptable to the Administrative Agent among Buyer, the Administrative 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."

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • 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.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • 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 credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • 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).