Subject Accounts definition

Subject Accounts shall have the meaning provided in Section 5.1.
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Subject Accounts means, for any Asset Representations Review, the related credit card accounts in which the Subject Receivables arose.
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Subject Accounts means the accounts appearing in Attachment A in
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Examples of Subject Accounts in a sentence

  • It is intended that the first priority security interest of the Secured Party in the Subject Accounts be perfected by control of the Subject Accounts under Sections 8-106(d)(2), 9-106(a) and 9-314(a) of the UCC.

  • The Securities Intermediary shall not comply with any instructions of the Issuer or the Servicer (except to the extent permitted under Section 3.1(a)) concerning the Subject Accounts (including any order that is originated by the Issuer or the Servicer and that would require the Securities Intermediary to make a free delivery of Subject Accounts to the Issuer or any other person).

  • The Securities Intermediary does not have and shall not have in the future, any security interest, lien or right of setoff on or against the Subject Accounts.

  • Additionally, the Securities Intermediary shall not agree with any third party (other than the Secured Party) that the Securities Intermediary will comply with orders originated by such third party concerning the Subject Accounts.

  • To the extent that the Subject Accounts, or any agreements between the Securities Intermediary, the Servicer and the Issuer with respect to the Subject Accounts, are at any time governed by laws other than the laws of the State of New York, the parties hereto do not consent to the new governing law for the purposes of Article 7 of the Hague Securities Convention.

  • The parties hereto are entering into this Agreement to perfect the Secured Party’s security interest in the Subject Accounts by “control,” within the meaning of Articles 8 and 9 of the Uniform Commercial Code as in effect in the State of New York (the “UCC”).

  • The Securities Intermediary shall promptly notify the Secured Party, the Servicer and the Issuer if any other person claims that it has a property interest in the Subject Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Accounts.

  • The Servicer is hereby authorized to (i) direct the withdrawal of funds from the Subject Accounts to make distributions in accordance with the Sale and Servicing Agreement and the Indenture and (ii) direct the transfer or redemption of any financial asset relating to the Subject Accounts, in each case until and unless such authorization is revoked in writing by the Secured Party.

  • Each such deposit of Proceeds of Subject Accounts shall be accompanied by a report identifying in reasonable detail the nature and source of the payments included in the deposit.

  • Vendor will use such determination for all Subject Accounts and Subject Receivables that are subject to the same Test.


More Definitions of Subject Accounts

Subject Accounts means Accounts arising out of those participation agreements to which Obligors are a party, including participation rate leases.
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Subject Accounts means any right to receive payment, whether constituting an "account", "chattel paper", "instrument" or "general intangible" (as each such term is defined in the Code), and any and all supporting obligations in respect thereof, that are created by any Originator, and that arise out of such Originator's sale of goods or rendition of services, and any and all supporting obligations in respect thereof.
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Subject Accounts means, until the payment in full of this Note, either (i) account number 382318977 at JPMorgan Chase Bank, N.A., (ii) account number 4728873050 at Wxxxx Fargo Bank, National Association, or (iii) such other deposit account that has been designated as the "Subject Account", in writing, by Maker to Wxxxx Fargo Bank, National Association and Lender, in each case to the extent the applicable deposit account is used exclusively for the purpose of receiving and holding distributions from the Austin Partnership Entities, which constitute collateral under the this Note.
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Related to Subject Accounts

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).