Removed Account definition

Removed Account shall have the meaning specified in Section 2.07(c).

Removed Account means an Account which becomes a Removed Account as provided under the Pooling and Servicing Agreement; provided, however, that if the account is thereafter added as an Account, then such account shall no longer be a Removed Account, except if thereafter removed and not added.

Removed Account means an Account hereunder that is a "Removed Account" (as such term is defined in the Pooling and Servicing Agreement) that is designated for removal pursuant to Section 2.10 of the Pooling and Servicing Agreement.

Examples of Removed Account in a sentence

• To the extent that it is not clear to Capital One whether collections or funds collateral relate to a Principal Receivable that was sold to Funding or to a principal receivable that Capital One did not sell to Funding, Capital One shall allocate payments and funds collateral on each such Removed Account with respect to the principal balance of such Removed Account first to the oldest principal balance of such Removed Account.

• Notwithstanding the cessation of the sale to TRS of additional Receivables arising in such Removed Account, Receivables sold to TRS prior to the Stop Date and Collections in respect of such Receivables shall continue to be property of TRS available for transfer by TRS to RFC VIII pursuant to the TRS-RFC VIII Receivables Purchase Agreement and by RFC VIII to the Trust pursuant to the Transfer Agreement.

• Since the date of the transfer by Chase USA under the Agreement, Chase Card Funding has not sold, transferred or encumbered any Receivable in any Removed Account or any interest therein.

• Progressive Bank Modify/TransferThis form is used to document modifications to, or transfers of, progressive machines or banks.

• Receivables arising after such Addition Date in such Additional Accounts (unless such Additional Account has become a Removed Account) and the related Purchased Assets shall be sold by TRS and purchased by RFC VIII on the date such Receivables arise.

More Definitions of Removed Account

Removed Account means any Account as to which FSB has received notice from TRS that such Account is a “Removed Account” as defined in the Transfer Agreement.

Removed Account means any Account as to which TRS has received notice from the Servicer that such Account is a “Removed Account” as defined in the Transfer Agreement.

Removed Account means any Account as to which Capital One has received notice from the Servicer that such Account is a “Removed Account” as defined in the Pooling and Servicing Agreement.

Removed Account. An Account that has been removed from the Pool of Accounts pursuant to Sections 2.04 or 2.05 of the Pooling and Servicing Agreement and/or Sections 2.8 or 2.9 of the Trust Sale and Servicing Agreement.

Removed Account means any Account that has been identified as a Removed Account (as defined in the Pooling and Servicing Agreement) by the Servicer to BANA and Funding.

Removed Account means an Account that is removed from the Account Schedule in accordance with Section 2.7.

Removed Account means any Account as to which Centurion has received notice from TRS that such Account is a “Removed Account” as defined in the Transfer Agreement.