Collection Accounts definition

Collection Accounts. As defined in Section 3.10(a).
Collection Accounts. The accounts established and maintained by a Servicer in accordance with Section 3.05.
Collection Accounts means, collectively, the U.S. Collection Accounts and the Canadian Collection Accounts.

Examples of Collection Accounts in a sentence

  • The Collection Account Bank has been instructed to remit all funds on deposit in the Collection Accounts to the Disbursement Account on each Business Day.

  • Each U.S. Lock-Box and U.S. Collection Account is in the name of the Seller, and the Seller owns and has good and marketable title to the U.S. Collection Accounts free and clear of any Adverse Claim.

  • Each Canadian Lock-Box and Canadian Collection Account will be or is in the name of the Canadian Guarantor, and the Canadian Guarantor owns and will have or has good and marketable title to the Canadian Collection Accounts free and clear of any Adverse Claim.


More Definitions of Collection Accounts

Collection Accounts have the meanings specified therefor in Section 8.01(a).
Collection Accounts shall have the meaning set forth in Section 4.14(g) hereof.
Collection Accounts. The trust accounts so designated and established pursuant to Section 10.2(a) hereof.
Collection Accounts means the accounts established and maintained by the Company in accordance with the Collection Account Agreements and into which Collections shall be deposited.
Collection Accounts has the meaning given to that term in Section 9.17(e)(i).
Collection Accounts means, collectively, the Cariparma Collection Accounts, the Carispe Collection Accounts, the BPF Collection Accounts.
Collection Accounts means the Seller Collection Accounts and the Originator Collection Accounts.