Collection Accounts definition

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

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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 Collateral Manager may, on any date, instruct the Collateral Agent to convert funds on deposit in any or all Collection Accounts into Dollars using the Applicable Exchange Rate.
The only permitted withdrawal from or application of funds on deposit in, or otherwise to the credit of, the Collection Accounts shall be in accordance with the provisions of Sections 2.2(c), 6.4, 8.2 and 9.1, including, for the avoidance of doubt, to make Permitted RIC Distributions in accordance with this Agreement.
The Collection Accounts shall remain at all times with an Eligible Account Bank.
All Monies deposited from time to time in the Collection Accounts pursuant to this Agreement shall be held by the Collateral Agent as part of the Collateral and shall be applied for the purposes herein provided.

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 Interest Collection Account and the Principal Collection Account.