Common use of Description of Accounts Clause in Contracts

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account:

Appears in 29 contracts

Samples: Account Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)

AutoNDA by SimpleDocs

Description of Accounts. Pursuant to this Agreement and the Indenture[Loan Agreement][Indenture], the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account:

Appears in 1 contract

Samples: Control Agreement (Verizon Master Trust)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.