Collateral Deposit Account definition

Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

Collateral Deposit Account has the meaning assigned to such term in the Security Agreement.

Collateral Deposit Account shall have the meaning assigned to such term in Section 5.3.

Examples of Collateral Deposit Account in a sentence

• Such assets transferred by Takasbank to the relevant member’s 5080-Eurobond Collateral Deposit Account under the Takasbank International Settlement and Custody Operations menu shall be transferred by the member to 5081-TMM Collateral Project Deposit Account by using Takasbank member applications.

• All Proceeds while held by the Agent in a Collateral Deposit Account (or by such Grantor in trust for the Agent and the Secured Parties) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in subsection 5.4.

• In order for the assets transferred to 5080 - Eurobond Collateral Deposit Account as a result the collateral transfer to be further transferred to the member’s account held at its securities correspondent; a written instruction must be sent to Takasbank Global Custody and Numbering Team.

• SCCP shall have the authority to draw from the Cash Collateral Deposit Account in the manner and instances prescribed in the SCCP Procedures.

• The conduct and operations of the Cash Collateral Deposit Account shall depend on the collateral requirements and procedures prescribed by the SCCP.

More Definitions of Collateral Deposit Account

Collateral Deposit Account as defined in Section 6.1(a).

Collateral Deposit Account means each Deposit Account of a Grantor other than an Excluded Account.

Collateral Deposit Account means one or more deposit accounts of Debtor into which all payments relating to a Consumer Loan shall be deposited; which deposit accounts shall be subject to an account control agreement in favor of Lender.

Collateral Deposit Account means each of the so designated accounts of the Collateral Accounts, as defined in Section 3.02(a)(i).

Collateral Deposit Account any Deposit Account other than an Excluded Account.

Collateral Deposit Account means, with respect to each Grantor, any lockbox account maintained by such Grantor to which any cash, checks or other similar payments constituting payments made in respect of Accounts and/or proceeds of Inventory are or are to be remitted and all Deposit Accounts maintained by such Grantor into which any such payments are directed to be deposited, as well as any other Deposit Accounts maintained by such Grantor into which any cash, checks or other similar payments constituting payments made in respect of Accounts and/or proceeds of Inventory are or are to be deposited.

Collateral Deposit Account means each Deposit Account maintained by the Grantor into which all cash, checks or other similar payments relating to or constituting payments made in respect of Receivables will be deposited, which Collateral Deposit Accounts are identified as such on Exhibit B.