Box Agreement definition

Box Agreement means the Lock-Box and Deposit Account Control Agreement, dated as of July 28, 2005, among BVAC, BVDC, the Trust, the Indenture Trustee, the Lock-Box Bank and the Lock-Box Processor, as amended, modified or supplemented from time to time in accordance with the terms thereof, unless such agreement shall be terminated in accordance with its terms or the terms hereof or unless a replacement Lock-Box Agreement has been entered into in accordance with the terms hereof, in which event "Lock-Box Agreement" shall mean such other agreement among BVAC, the Transferor, the Trust, the Lock-Box Bank, the Lock-Box Processor and the Indenture Trustee that is either substantially identical to the Original Lock-Box Agreement or that satisfies the Rating Agency Condition.
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Box Agreement means such other agreement, [in form and substance acceptable to the Certificate Insurer,] among the Servicer, the Lock-Box Processor and the Trustee.
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Examples of Box Agreement in a sentence

  • Lender will debit the Lock Box Accounts maintained pursuant to the Lock Box Agreement for payment of each monthly installment of amounts due and payable pursuant to this Agreement.

  • All funds deposited into any Lock Box subject to a Lock Box Agreement or a Collateral Deposit Account will be swept on a daily basis into a collection account maintained by such Grantor with the Administrative Agent (the “Collection Account”).

  • All funds deposited into any Lock Box subject to a Lock Box Agreement will be swept on a daily basis into the Collection Account.

  • Box Agreement, each Lock-Box Account shall be irrevocably instructed to wire all funds to the Collection Account, which Collection Account shall be maintained in the name of the Collateral Agent.

  • Upon the execution hereof, Borrower shall become a party to the Lock Box Agreement which provides for the receipt and processing of Account payments.

  • These Safe Deposit Box Terms and Conditions, along with the Safe Deposit Box Agreement Card (“Safe Deposit Box Agreement”), govern our rights and your responsibilities with respect to the Safe Deposit Box you have rented from Tri Counties Bank (the “Bank,” “our” or “we”).

  • During any Cash Dominion Period, all funds deposited into any Lock Box subject to a Lock Box Agreement or a Collateral Deposit Account may be swept on a daily basis into a collection account maintained by the Borrower with the Administrative Agent (the “Collection Account”).

  • Each Seller agrees to direct all Obligors to make payments of such Seller's Receivables directly to a Collection Account that is the subject of a Lock Box Agreement at a Collection Bank.

  • If any Borrower should refuse or neglect to notify any Account Debtor to forward payments directly to a Lock Box subject to a Lock Box Agreement after notice from Administrative Agent, Administrative Agent shall, notwithstanding anything to the contrary be entitled to make such notification directly to Account Debtor.

  • The Lock Box Agreement shall require all deposits to be swept daily to a Collateral Deposit Account and shall require Collateral Agent's consent to any modification to such Lock Box Agreements.

Related to Box Agreement

  • Lockbox Agreement means each agreement between a Borrower and a Clearing Bank concerning the establishment of a Lockbox for the collection of Receivables.

  • Lock-Box Agreement With respect to any Mortgage Loan or Serviced Loan Combination, the lock-box or other similar agreement, if any, between the related originator(s) and the Mortgagor, pursuant to which the related Lock-Box Account, if any, may have been established.

  • Lockbox Agreements means collectively, the Lockbox Account Agreement and the Lockbox Processing Agreement.

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield ▇▇ ▇▇▇▇ L.P. dated as of the date hereof.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;