Account Banks definition

Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.
Account Banks means BMO Xxxxxx Bank, N.A., Merchants Bank, National Association, U.S. Bank National Association and Xxxxx Fargo Bank, N.A.

Examples of Account Banks in a sentence

  • Prior to the Closing Date, the Borrower shall have entered into Account Control Agreements with all of the Collection Account Banks and delivered executed counterparts of each to the Administrative Agent.

  • The names and addresses of all the Alternate Payment Locations, Approved Sub-servicers, Depository Account Banks and Lock-Box Processors, together with the addresses of the Lock-Boxes and the account numbers of the Depository Accounts are as specified in Exhibit F.

  • The names and addresses of all the Approved Sub-servicers, Depository Account Banks and Lock-Box Processors, together with the addresses of the Lock-Boxes and the account numbers of the Depository Accounts are as specified in Exhibit F.

  • The names and addresses of all the Blocked Account Banks, together with the account numbers of the Blocked Accounts at such Blocked Account Banks, are specified in Schedule 4.1(s) (or at such other Blocked Account Banks and/or with such other Blocked Accounts as have been notified to the Administrative Agent and for which Blocked Account Agreements have been executed in accordance with Section 7.3 and delivered to the Master Servicer).

  • Each of the SPV and the Master Servicer shall instruct all Obligors to cause all Collections to be deposited directly to a Blocked Account or to post office boxes to which only Blocked Account Banks have access and shall cause all items and amounts relating to such Collections received in such post office boxes to be removed and deposited into a Blocked Account on a daily basis.


More Definitions of Account Banks

Account Banks means the credit institutions administering the Accounts and
Account Banks means, collectively, the Clearing Account Bank and the Collection Account Bank.
Account Banks means the Concentration Account Banks and the Lockbox Banks.
Account Banks means the Offshore Account Bank and the Onshore Account Bank.
Account Banks means the Issuer Account Bank, the Fund Account Bank and the Reserve Account Bank;
Account Banks means the banks with whom the Accounts listed in Schedule 1 (List of Bank Accounts) of this Agreement are held, and “Account Bank” means any of them.
Account Banks means the Collection Account Providers and the Account Bank (and each an "Account Bank");