Uninvested Proceeds Account definition

Uninvested Proceeds Account has the meaning specified in Section 10.4.
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Uninvested Proceeds Account has the meaning specified in Section 10.5.
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Uninvested Proceeds Account means the account in the name of the Issuer designated the Uninvested Proceeds Account with the Account Bank and any replacement account for each such account;
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Examples of Uninvested Proceeds Account in a sentence

  • Any such redemption may only be effected on a Payment Date and only from (a) the sale proceeds of the Collateral and (b) all other funds in the Interest Collection Account, the Principal Collection Account, the Uninvested Proceeds Account, the Expense Account, the Interest Reserve Account and the Payment Account on the relevant Payment Date, at the applicable Redemption Price.

  • Any such proceeds not invested in Collateral Debt Securities or deposited into the Expense Account will be deposited by the Trustee in the Uninvested Proceeds Account and invested in Eligible Investments or U.S. Agency Securities pending the use of such proceeds for the acquisition of Collateral Debt Securities during the Ramp-Up Period, as described herein, and, in certain limited circumstances described herein, for the payment of the Notes.

  • The Issuer will procure that an amount equal to the net proceeds of issue of the Notes remaining after the payment of all amounts due and payable by the Issuer in connection with Collateral Debt Securities purchased or committed to be purchased by the Issuer on or prior to the Issue Date, including the repayment of any amounts borrowed by the Issuer (together with any interest thereon) in order to finance the acquisition thereof, shall be credited to the Uninvested Proceeds Account on the Issue Date.

  • The Uninvested Proceeds Account shall be an Euro denominated account in the name of the Issuer at the Account Bank.

  • The net proceeds from the issuance and the sale of the Notes and the Preference Shares will be used by the Issuer to purchase on the Closing Date a diversified portfolio of interests in Asset- Backed Securities having the characteristics described herein and to fund the Uninvested Proceeds Account.

  • F Insert Crimp, TYPE: 0916042310128CNTT CRIMP MALE GOLD PLATED 09150006123 FOR R15 CNCTR29CNTT CRIMP FMLE GOLD PLATED 09150006223 FOR R15 CNCTR30D SUB CONTACT MALE 22-18 AWG, CRIMP 745229-731Type D- Coded Male 4 pin M12 connector with 4 crimp contacts of AWG 20- 2432DIN-Rail Mountable four Conductor Terminal Block suitable for Wire cross section of 2.5 mm2 crimped with Insulated lugs.

  • During the Reinvestment Period the Issuer, with the assistance of the Manager and in accordance with the provisions of the Collateral Management Agreement, may purchase Portfolio Collateral in an aggregate amount equal to the amounts deposited in the Reinvestment Account and the Uninvested Proceeds Account subject to the satisfaction of the Eligibility Criteria.

  • On the fifth Business Day after receipt of a Funding Request duly completed and delivered in accordance with the provisions of the Class A1 Notes Purchase Agreement, the Class A1 Delayed Draw Noteholder shall pay the amount specified in such Funding Request to the Uninvested Proceeds Account in cleared funds.

  • On the fifth Business Day after receipt of a Funding Request duly completed and delivered in accordance with the provisions of the Class A1 Notes Purchase Agreement, the Class A1 Revolving Noteholder shall pay the amount specified in such Funding Request to the Uninvested Proceeds Account in cleared funds.


More Definitions of Uninvested Proceeds Account

Uninvested Proceeds Account means the account of the Issuer held with the Account Bank so entitled. 2. Principles of Interpretation and Construction Save where the contrary is indicated, any reference in the Transaction Documents to:
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Uninvested Proceeds Account means the account of the Issuer held with the Account Bank so entitled.
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Uninvested Proceeds Account. The trust account designated as such and established pursuant to Section 10.2.
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Related to Uninvested Proceeds Account

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Asset Sale Proceeds Account means one or more deposit accounts or securities accounts holding the proceeds of any sale or disposition of any Notes Collateral.

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

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

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

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

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

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Holding Account means an account: