Citibank definition
Examples of Citibank in a sentence
Capitalized terms that are used but are not otherwise defined in this Agreement have the meanings assigned to them in the Sale and Servicing Agreement, dated as of January 14, 2026, by and among the Issuer, the Seller, the Servicer and Citibank, N.A., a national banking association, as Trust Collateral Agent.
Upon the execution of this Agreement, pursuant to the terms of the Escrow Agreement, Buyer shall immediately deposit with Citibank N.A., in its capacity as escrow agent (the “Escrow Agent”) the sum of two million two hundred thousand dollars ($2,200,000) by wire transfer of immediately available funds (the “Escrowed Funds”), to be released by the Escrow Agent and delivered to either Buyer or Seller in accordance with this Agreement and the provisions of the Escrow Agreement.
The Depositor acknowledges that such contribution has been transferred to, and is being held by, Citibank, N.A., as agent for the Trust in an account established by Citibank, N.A., on behalf of the Trust, which contribution shall constitute the initial Owner Trust Estate.