UK Collection Account Bank definition

UK Collection Account Bank shall have the meaning ascribed to it in the Deed of Trust and Charge.
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UK Collection Account Bank means Citibank N.A., London Branch, Citigroup Centre, Canada Square, Xxxxxx Xxxxx, Xxxxxx, X00 0XX or such other collection account bank as the parties may designate in writing from time to time.
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UK Collection Account Bank means each of the banks specified as such in Exhibit B to this Agreement, and such banks as may be added thereto or deleted therefrom pursuant to Section 2.08 of this Agreement.
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Examples of UK Collection Account Bank in a sentence

  • After the execution of this Deed, the Buyer or the Agent shall deliver to the UK Collection Account Bank a Notice of Trust and Charge and the Originator shall countersign such Notice of Trust and Charge.

  • The Collection Agent shall not add any bank as a Lock-Box Bank or a UK Collection Account Bank to those listed on Exhibit B attached hereto unless such bank has entered into a Lock-Box Agreement or UK Collection Account Agreement, as applicable.

  • The Agent also may direct that amounts held in the UK Collection Account be disbursed and applied in the foregoing manner and priority, and also on account of any outstanding fees and other amounts due and payable to the UK Lockbox Account Bank and the UK Collection Account Bank; with disbursements from the UK Collection Account to be made on such Settlement Date to the extent practicable; otherwise on the next succeeding London Business Day.

  • The Collection Agent shall not terminate any bank as a Lock-Box Bank or a UK Collection Account Bank, as applicable, unless the Administrative Agent shall have received fifteen (15) days’ prior notice of such termination.


More Definitions of UK Collection Account Bank

UK Collection Account Bank. US Bank National Association, acting through its affiliate Elavon Financial Services DAC, a designated activity company registered in Ireland and acting through its UK branch (registered number BR009373) from its offices at 000 Xxx Xxxxx Xxxxxx, Xxxxxx, XX0X 0XX, Xxxxxxx, under the trade name U.S. Bank Global Corporate Trust Services).
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Related to UK Collection Account Bank

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

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

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

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

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • 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.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal 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.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

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

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

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

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

  • Concentration Account Agreement as defined in subsection 4.16(b).

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

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