Certificate Distribution Account definition

Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.
Certificate Distribution Account shall have the meaning assigned to such term in Section 11.1.
Certificate Distribution Account. The account, if applicable, designated as such, established and maintained pursuant to Section 5.1(a) of the Trust Agreement.

Examples of Certificate Distribution Account in a sentence

  • Except with respect to the Certificate Distribution Account, the Trust Collateral Agent hereby expressly waives any and all rights of setoff that the Trust Collateral Agent may otherwise at any time have under applicable law with respect to any Trust Account and agrees that amounts in the Trust Accounts shall at all times be held and applied solely in accordance with the provisions hereof.

  • A.) that satisfies the criteria set forth in clause (a) of the definition of Eligible Account, and any Eligible Investments made with funds from any Trust Account or the Certificate Distribution Account will be credited to an Eligible Account held by the corporate trust department of the Indenture Trustee (initially the Trust Collateral Agent) that satisfies the criteria set forth in clause (b) of the definition of Eligible Account.


More Definitions of Certificate Distribution Account

Certificate Distribution Account means the account designated as such, established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.
Certificate Distribution Account means the account established and maintained as such pursuant to Section 5.01.
Certificate Distribution Account shall have the meaning assigned to such term in Section 5.1.
Certificate Distribution Account. The account or accounts created and maintained pursuant to Section 3.10(c) of the Trust Agreement. The Certificate Distribution Account shall be an Eligible Account.
Certificate Distribution Account is defined in Section 5.1 of the Trust Agreement.
Certificate Distribution Account. The account or accounts created and maintained by the Certificate Paying Agent pursuant to Section 3.10(c) of the Owner Trust Agreement. The Certificate Paying Agent will make all distributions on the Certificate from money on deposit in the Certificate Distribution Account. The Certificate Distribution Account shall be an Eligible Account.
Certificate Distribution Account means an Eligible Account established by the Owner Trustee pursuant to Section 5.01(a) of the Trust Agreement.