Collateral Cash Account definition

Collateral Cash Account means the account with number 41627 opened in the Euroclear System in the name of the BANK, associated with the Collateral Securities Account (including any credit or debit balance which may at any time appear in such account), to which the Collateral Cash shall be credited from time to time;
Sample 1
Collateral Cash Account means any one of the Collateral Cash Accounts.
Sample 1
Collateral Cash Account means the account of Borrower held at Administrative Agent, subject to a perfected, first priority lien in favor of Administrative Agent, for the benefit of the Lenders, securing the Post Fourth Amendment Advances, which account shall be subject to the sole and exclusive dominion and control of Administrative Agent.
Sample 1

Examples of Collateral Cash Account in a sentence

  • The Current Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each Current Issuer Transaction Account and Swap Collateral Cash Account and that it furnishes a copy of such statements to the Current Issuer, with a copy to the Note Trustee upon its request.

  • The Swap Collateral Accounts are the Swap Collateral Cash Account and, if it has been opened, the Swap Collateral Custody Account.

  • The Swap Collateral Cash Account will be opened and maintained with the Account Bank.

  • Swap Collateral Cash Account The Swap Collateral Cash Account is a Swap Collateral Accountand will be used to hold collateral posted by a Swap Counterparty in form of cash.

  • In its capacity as the Operating Bank, The Bank of New York will act as the operating bank in relation to the Transaction Account, Swap Collateral Cash Account, Swap Collateral Custody Account and, in certain circumstances, the Stand-by Account through its office located at 48th Floor, One Canada Square, London E14 5AL.

  • Payments out of the Swap Collateral Cash Account and the Swap Collateral Custody Account prior toEnforcement..............................................

  • Amounts standing to the credit of the Swap Collateral Cash Account and/or the Swap Collateral Custody Account will only be available to the Transaction Creditors to the extent that such amounts are applied in or towards satisfaction of the Swap Counterparty's obligations to the Issuer upon termination of the Swap Agreement.

  • The Swap Collateral Cash Account and the Swap Collateral Custody Account Any cash amounts received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be paid into an interest bearing account in the name of the Issuer with the Operating Bank (the "Swap Collateral Cash Account") and securities received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be deposited into a custody account (the "Swap Collateral Custody Account").

  • Both the Swap Collateral Cash Account and the Swap Collateral Custody Account shall be held with the Operating Bank.

  • Cash amounts will be paid into the Swap Collateral Cash Account and securities will be transferred to the Swap Collateral Custody Account.

Related to Collateral Cash Account

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Collection Accounts As defined in Section 3.10(a).

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Note Account As defined in the Indenture.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Qualified Account means an Account of Borrower generated in the ordinary course of Borrower's business from the sale of goods or rendition of medical services which Lender, in its sole credit judgment, deems to be a Qualified Account. Without limiting the generality of the foregoing, no Account shall be a Qualified Account if: (a) the Account or any portion thereof is payable by an individual beneficiary, recipient or subscriber individually and not directly to Borrower by a Medicaid/Medicare Account Debtor or commercial medical insurance carrier acceptable to Lender in its sole discretion; (b) the Account remains unpaid more than one hundred twenty (120) days past the claim or invoice date; (c) the Account is subject to any defense, set-off, counterclaim, deduction, discount, credit, chargeback, freight claim, allowance, or adjustment of any kind; (d) any part of any goods the sale of which has given rise to the Account has been returned, rejected, lost, or damaged; (e) if the Account arises from the sale of goods by Borrower, such sale was not an absolute sale or on consignment or on approval or on a sale-or-return basis or subject to any other repurchase or return agreement, or such goods have not been shipped to the Account Debtor or its designee; (f) if the Account arises from the performance of services, such services have not been actually been performed or were undertaken in violation of any law; (g) the Account is subject to a lien other than a Permitted Lien; (h) Borrower knows or should have known of the bankruptcy, receivership, reorganization, or insolvency of the Account Debtor; (i) the Account is evidenced by chattel paper or an instrument of any kind, or has been reduced to judgment; (j) the Account is an Account of an Account Debtor having its principal place of business or executive office outside the United States; (k) the Account Debtor is an Affiliate or Subsidiary of Borrower; (l) more than ten percent (10%) of the aggregate balance of all Accounts owing from the Account Debtor obligated on the Account are outstanding more than one hundred fifty (150) days past their invoice date; (m) fifty percent (50%) or more of the aggregate unpaid Accounts from any individual Account Debtor are not deemed Qualified Accounts hereunder; (n) the total unpaid Accounts of the Account Debtor, except for a Medicaid/Medicare Account Debtor, exceed twenty percent (20%) of the net amount of all Qualified Accounts (including Medicaid/Medicare Account Debtors); (o) any covenant, representation or warranty contained in the Loan Documents with respect to such Account has been breached; or (p) the Account fails to meet such other specifications and requirements which may from time to time be established by Lender.

  • Issuer Accounts means, collectively, the Excess Funding Account, the Collection Account and any Supplemental Issuer Account, including any Sub-Accounts thereof.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2005-5, Home Equity Pass-Through Certificates, Series 2005-5. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Eligible Investments made with funds in the Prefunding Account shall be for the account of the Depositor.