Collateral Administrator definition

Collateral Administrator has the meaning set forth in the introductory section of this Agreement.

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Collateral Administrator means State Street Bank and Trust Company, in its capacity as collateral administrator, and any successor thereto.

Collateral Administrator has the meaning assigned to such term in the introduction to this Agreement.

Examples of Collateral Administrator in a sentence

To the extent that such amounts are not applied on a Payment Date pursuant to Section 2.10(b), the Borrowers shall provide the Administrative Agent (with a copy to the Collateral Administrator) with payment instructions setting forth the applicable amounts and payees in respect thereof.
The Collateral Administrator shall be entitled to rely on the advice of legal counsel and independent accountants in performing its duties hereunder and shall be deemed to have acted in good faith if it acts in accordance with such advice.
Notwithstanding anything herein to the contrary, the parties hereto agree that, if the Collateral Custodian and the Collateral Administrator are the same entity, then Account Control Agreements with respect to the Payment Account and the Reserve Account shall only be required if requested by the Administrative Agent.
Upon receipt of approval from the Collateral Manager, the Collateral Administrator shall transmit the same to the Borrower and shall make such reports available to the Administrative Agent and each Lender.
The Collateral Administrator may change the way such statements are distributed.

More Definitions of Collateral Administrator

Collateral Administrator. U.S. Bank Trust Company, National Association, in its capacity as collateral administrator under the Collateral Administration Agreement, and any successor thereto.

Collateral Administrator. State Street, in its capacity as Collateral Administrator under the Collateral Administration Agreement, and any successor thereto.

Collateral Administrator means U.S. Bank Trust Company, National Association, and any successor thereto under the Collateral Administration Agreement.

Collateral Administrator means U.S. Bank, in its capacity as collateral administrator under the Collateral Administration Agreement, and any successor thereto.

Collateral Administrator means ▇▇▇▇▇ Fargo Bank, National Association, in its capacity as the Collateral Administrator pursuant to this Agreement.

Collateral Administrator. The Bank, in its capacity as such under the Collateral Administration Agreement, and any successor thereto.

Collateral Administrator means U.S. Bank National Association, and any successor thereto under the Collateral Administration Agreement.