Administration Account definition

Administration Account. As defined in Section 7.02.
Administration Account means the account (account number 1002422076) of the Administrator maintained at the office of PNC at One PNC Plaza, 000 Xxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000, or such other account as may be so designated in writing by the Administrator to the Servicer.
Administration Account means the employment security administration account

Examples of Administration Account in a sentence

  • The Securities Administrator shall be entitled to reimbursement of expenses to the extent provided in clause (i) above from the Securities Administration Account, provided, however, the Securities Administrator shall not be entitled to reimbursement for expenses incurred in connection with the preparation of tax returns and other reports as required by Section 6.20 and this Section.

  • The Master Servicer, at its option, may choose to make daily remittances from the Collection Account to the Securities Administrator for deposit into the Securities Administration Account.

  • On each Master Servicer Remittance Date, the entire amount on deposit in the Collection Account (subject to permitted withdrawals set forth in Section 4.02), other than amounts not included in the Total Distribution Amount for such Distribution Date shall be remitted to the Securities Administrator for deposit into the Securities Administration Account by wire transfer in immediately available funds.

  • The Securities Administrator, at its option, may choose to make daily remittances from the Securities Administration Account to the Trustee for deposit into the Certificate Account.

  • If an existing Securities Administration Account ceases to be an Eligible Account, the Securities Administrator shall establish a new Securities Administration Account that is an Eligible Account within 10 Business Days of notice thereof to the Securities Administrator, and shall transfer all funds on deposit in such existing Securities Administration Account into such new Securities Administration Account.


More Definitions of Administration Account

Administration Account means the account designated as the Administration Account established and maintained by the Seller with PNC Bank, National Association having account number [ * ] and routing number [ * ], or such other account as may be so designated as such by the Seller with notice to the Administrator and each Purchaser Agent.
Administration Account means the account bearing the same name set forth on Schedule V of this Agreement, or such other account as may be so designated in writing by the Administrator to the Servicer.
Administration Account means the account established for the purposes of paying administration costs and distributing the Settlement Amount in accordance with the Settlement. The Administration Account shall be an interest-bearing account maintained by the Settlement Administrator at a financial institution mutually selected by the Amegy and Class Counsel. Until the Effective Date occurs, any funds in the Administration Account shall remain property of, and will be owned by, Amegy.
Administration Account means the account (account number 1002422076, ABA number 043000096) of the Administrator maintained at the office of PNC at One PXX Xxxxx, 249 Fifth Avenue, Pittsburgh, Pennsylvania 15222-2707, or such other accxxxx xx xxx xx xx xxxxxxxxxx xx xxxxxxx xx xxx Xxxxxxstrator to the Servicer.
Administration Account. As defined in Section 7.02(c).
Administration Account means the account, account number 2158-13 of the Administrator maintained at the office of The Bank of Nova Scotia, or such other account as may be so designated in writing by the Administrator to the Servicer.