Trust Accounts definition

Trust Accounts has the meaning assigned thereto in Section 5.1.

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Trust Accounts means the Collection Account and the Reserve Account.

Trust Accounts has the meaning assigned thereto in Section 5.01 of the Sale and Servicing Agreement.

Examples of Trust Accounts in a sentence

• The Subordination Agent agrees that it will, in its individual capacity and at its own cost and expense (but without any right of indemnity in respect of any such cost or expense) promptly take such action as may be necessary to duly discharge all Liens on any of the Trust Accounts or any monies deposited therein that are attributable to the Subordination Agent in its individual capacity and that are unrelated to the transaction contemplated hereby and by the other Operative Agreements.

• So long as the Subordination Agent is an Eligible Institution, the Trust Accounts shall be maintained with it as Eligible Deposit Accounts.

• Without limiting the foregoing, all monies credited to the Trust Accounts shall be, and shall remain, the property of the relevant Trust(s).

• The Trust Accounts shall be held in trust by the Subordination Agent under the sole dominion and control of the Subordination Agent for the benefit of the applicable Trustee, the applicable Certificateholders and the applicable Liquidity Provider, as the case may be.

More Definitions of Trust Accounts

Trust Accounts means the Collection Account, the Note Payment Account, the Certificate Payment Account and the Reserve Account.

Trust Accounts means, collectively, the Collection Account, the Pre-Funding Account, the Note Distribution Account, the Reserve Fund and the Interest Reserve Account, or any of them.

Trust Accounts has the meaning assigned to such term in Section 2.2(a).

Trust Accounts means, collectively, the collection account, the reserve account, the capitalized interest account, the supplemental purchase account, the add-on consolidation loan account, the accumulation account, any supplemental interest account, any investment premium purchase account, any investment reserve account and any currency accounts.

Trust Accounts has the meaning set forth in Section 8.2(a)(iii) of the Indenture.

Trust Accounts has the meaning specified in Section 2.3(b) of the Administration Agreement.

Trust Accounts means the Bank Accounts and the Trust Distribution Account (if established).