Warehouse Accounts definition

Warehouse Accounts shall have the meaning set forth in Section 9(c) of the Agreement.
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Warehouse Accounts the Client’s Accounts which are dormant and reached the end of the Client’s existing debt recovery strategy;
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Examples of Warehouse Accounts in a sentence

  • All amounts on deposit in the Warehouse Accounts shall be held as cash margin and collateral for all Obligations under this Agreement.

  • Buyer shall have exclusive withdrawal rights from the Warehouse Accounts, including, without limitation, exclusive withdrawal rights with respect to the Facility Restricted Amount.

  • Notwithstanding the foregoing, Seller acknowledges that (i) amounts in the Warehouse Accounts, including, without limitation, the Facility Restricted Amount, are not insured by the Federal Deposit Insurance Corporation, any governmental entity or otherwise and (ii) Buyer is not required to segregate funds in the Warehouse Accounts from its own funds or from funds held for others.

  • The Facility Restricted Amount shall be held in the Warehouse Accounts as Restricted Cash.

  • The Warehouse Accounts shall be in the form, with respect to (i) amounts other than the Facility Restricted Amount, of non-interest bearing book-entry accounts and (ii) the Facility Restricted Amount, an interest-bearing account that shall accrue interest at the Facility Restricted Amount Rate.

  • Without limiting the generality of the foregoing or any other provision of this Agreement, Xxxxx may withdraw and retain from the Warehouse Accounts and Operating Account any Warehouse Fees due and owing to Buyer.

Related to Warehouse Accounts

  • 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).

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

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

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);