Blocked Account definition

Blocked Account has the meaning provided in Section 6.13(a)(ii).

Blocked Account has the meaning set forth in Section 4.1.

Blocked Account shall have the meaning assigned to such term in Section 5.11(a).

Examples of Blocked Account in a sentence

• Order to Deposit Money into Blocked Account (#MC-355) or Trust Agreement per Local Rule 2.4.6 *Orders will be given a case number by the business office clerk and will be returned to counsel to be submitted at hearing.

More Definitions of Blocked Account

Blocked Account means an account maintained by the SPV or an Originator as Master Servicer or Sub-Servicer, as applicable, at a Blocked Account Bank for the purpose of receiving Collections, set forth in Schedule 4.1(s) or any account added as a Blocked Account pursuant to and in accordance with Section 4.1(s) and which, if not maintained at and in the name of the Administrative Agent, is subject to a Blocked Account Agreement (or will become subject to such an agreement as provided in the definition of “Net Pool Balance”).

Blocked Account. Any DDA into which the contents of any other DDA is transferred.

Blocked Account has the meaning provided in SECTION 2.18(c).

Blocked Account has the meaning provided in Section 6.12(a).

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

Blocked Account means a deposit account maintained by the Debtor with a Blocked Account Bank which account is the subject of an effective Blocked Account Letter, and includes all monies on deposit therein and all certificates and instruments, if any, representing or evidencing such Blocked Account;

Blocked Account means a deposit account in the name of a Credit Party noted as a Blocked Account on Schedule 2.1 (as supplemented from time to time) of the Pledge and Security Agreement that is, or is otherwise required under the terms thereof to be, subject to an agreement, in form and substance satisfactory to the Appropriate Party, establishing Control (as defined in the Pledge and Security Agreement) of such account by the Collateral Agent, and any replacement account thereof.