2013-A Bank Accounts definition

2013-A Bank Accounts means the 2013-A Exchange Note Collection Account, the 2013-A Distribution Account and the 2013-A Reserve Account.
Sample 1

Examples of 2013-A Bank Accounts in a sentence

  • The 2013-A Bank Accounts will only be established at a depository institution or trust company that complies with the requirements set forth in Section 5.02(d) of the Basic Servicing Agreement.

  • The authority of the Servicer to make deposits to the 2013-A Bank Accounts is revocable at any time (i) by the Indenture Trustee until the Note Balance of the 2013-A ABS Notes has been reduced to zero and the 2013-A Bank Accounts have been released from the Lien of the Indenture, (ii) then, by the Collateral Agent until the payment in full of the 2013-A Exchange Note, and (iii) thereafter by the Borrower.

  • Each of the 2013-A Bank Accounts will be under the sole dominion and control of the Indenture Trustee, as secured party for the benefit of the 2013-A Secured Parties, so long as the 2013-A Bank Accounts remain subject to the Lien of the Indenture.

  • Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 2013-A Bank Accounts shall constitute 2013-A Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 2013-A Exchange Note Collection Account.

  • R-1 MERCEDES-BENZ AUTO LEASE TRUST 2013-A ASSET BACKED CERTIFICATE Evidencing an undivided beneficial interest in the property of Mercedes-Benz Auto Lease Trust 2013-A, a Delaware statutory trust (the “Issuer”), which property includes the 2013-A Exchange Note, the 2013-A Bank Accounts and certain other rights under the Trust Agreement and Second Tier Sale Agreement.

Related to 2013-A Bank Accounts

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

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

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

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

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

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

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

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

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

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

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

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

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.