Certificate Distribution Account definition

Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

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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

If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Owner Trustee (or, the Depositor on behalf of the Owner Trustee, if the Certificate Distribution Account is not then held by the Owner Trustee or an Affiliate thereof) shall cause a new account to be established as an Eligible Account and shall transfer any cash and/or investments to such new account.
Any Paying Agent shall have the revocable power to withdraw funds from the Certificate Distribution Account for the purpose of making the distributions referred to above.
Except as otherwise expressly provided herein, the Certificate Distribution Account shall be under the sole dominion and control of the Owner Trustee for the benefit of the Certificateholders.
The Issuer shall possess all right, title and interest in funds on deposit from time to time in the Certificate Distribution Account and in the proceeds thereof.
All amounts held in the Certificate Distribution Account will not be invested.

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 means an Eligible Account established by the Owner Trustee pursuant to Section 5.01(a) of the Trust Agreement.

Certificate Distribution Account means the account designated as such, established and maintained pursuant to Section 8.2(a)(iv) of the Indenture.