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 has the meaning provided in Section 6.12(a).

Examples of Blocked Account in a sentence

Acknowledgment of Receipt of Order And Funds For Deposit In Blocked Account Form MC-356 filed with blocking order attached.

More Definitions of Blocked Account

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

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

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

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 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 any deposit account in which any funds of any of the Loan Parties from one or more DDAs (other than any Excluded DDA) are concentrated and with respect to which a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.