Dollar Collection Account definition

Dollar Collection Account shall have the meaning specified in Section 2.13(a) of the Receivables Transfer Agreement.
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Dollar Collection Account means the account specified in Schedule 7 of the Servicing Agreement maintained in the name of the Borrowers for the purpose of receiving Collections in Dollars at the Account Bank or any replacement account designated as the “Dollar Collection Account” which the Borrowers (or the Servicer on behalf of the Borrowers) may open with the Account Bank in accordance with clause 5.3 of the Servicing Agreement.
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Dollar Collection Account means a Dollar-denominated account maintained by and in the name of the Indenture Trustee (as of the Closing Date, held at Citibank, N.A., New York, New York (ABA No. 000000000 for credit to account no. 30000000; F/F/C Account 111107 GUANAY FINANCE LIMITED US Collection Account reference LATAM Receivables US Collection Account)), and over which the Indenture Trustee shall have sole and exclusive dominion and control and sole and exclusive right of withdrawal.
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Examples of Dollar Collection Account in a sentence

  • All such deposits to the Canada/Canadian Dollar Collection Account shall be made in Canadian Dollars.

  • Any such Collections denominated in Dollars shall be deposited into the U.S. Dollar Collection Account and any such Collections denominated in an Alternative Currency shall be deposited in the respective Collection Account for each such Alternative Currency.

  • The Borrower or the Servicer on its behalf has previously caused the U.S. Dollar Collection Account to be established, and shall cause such account to be maintained at all times, in the name of the Borrower but under the control of the Deal Agent, as agent for the Secured Parties, with a Qualified Institution for the purpose of receiving Collections in Dollars from the Collateral.

  • All proceeds in the Lock-Box Account shall be distributed into the U.S. Dollar Collection Account within two Business Days as provided in the Lock-Box Agreement and the Intercreditor Agreement.

  • The Administrative Agent shall withdraw the portion of the Canadian Dollars from the Canada/Canadian Dollar Collection Account required to be paid pursuant to such agreement or agreements and make the payments described in the payment instructions provided pursuant to the preceding sentence, all in accordance with the written instructions of the Collection Agent.

  • The foregoing shall be the exclusive method by which amounts may be transferred by the Administrative Agent from the Canada/Canadian Dollar Collection Account to the U.

  • All such deposits to the U.S. Dollar Collection Account and the Canada/U.S. Dollar Collection Account shall be made in United States dollars.

  • All amounts transferred from the Canada/Canadian Dollar Collection Account to the U.S. Dollar Collection Account shall be exchanged by the Collection Agent or the Administrative Agent into United States dollars, and if by the Administrative Agent, then only at the written direction of the Collection Agent.

  • All funds which are deposited in the United States, shall be deposited into the U.S. Dollar Collection Account; all funds which are deposited in Canada in United States dollars, shall be deposited into the Canada/U.S. Dollar Collection Account; and all funds which are deposited in Canada in Canadian Collars, shall be deposited into the Canada/Canadian Dollar Collection Account.

  • Borrowers shall make each payment under this Agreement or any Loan Document not later than 2:00 p.m. (Toronto time) on the day when due in immediately available funds in Canadian Dollars (if such obligations are denominated in Canadian Dollars) to the Canadian Dollar Collection Account and, otherwise, in US Dollars to the US Dollar Collection Account.


More Definitions of Dollar Collection Account

Dollar Collection Account means (collectively unless otherwise expressly so stated herein): a Dollar-denominated segregated trust account maintained by and in the name of the Indenture Trustee (as of the Issuance Date, held at Citibank, N.A., New York, New York, SWIFT: CXXXXX00 (ABA No. 021 000 089, DDA Account #30000000 for further credit to 117462 Ref: Aeropuertos Argentina 2000 S.A. Dollar Collection Account, which contains (a) a sub-account thereof that is also a Dollar-denominated segregated trust account maintained by and in the name of the Indenture Trustee (as of the Issuance Date, held at Citibank, N.A., New York, New York, SWIFT: CXXXXX00 (ABA No. 021 000 089, DDA Account #30000000, for further credit to 117493 Ref: Aeropuertos Argentina 2000 S.A Transferred Dollar Use Fee Account and (b) a sub-account thereof that is also a Dollar-denominated segregated trust account maintained by and in the name of the Indenture Trustee (as of the Issuance Date, held at Citibank, N.A., New York, New York, SWIFT: CXXXXX00 (ABA No. 021 000 089, DDA Account #30000000, for further credit to 117494 Ref: Aeropuertos Argentina 2000 S.A. Investment Earnings and Company Payment Account) for the benefit of the Beneficiaries, over each of which accounts the Indenture Trustee shall have sole and exclusive dominion and control and sole and exclusive rights of withdrawal.
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Dollar Collection Account means, the Borrower's account numbered 00.00.00.000 with ING Bank N.V., Amsterdam branch.
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Dollar Collection Account shall have the meaning specified in subsection 3.1(b)(i).
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Dollar Collection Account means account no. 00-000-000, ABA: 000000000, SWIFT: XXXXXX00, CHIPS BANK: 0103, Ref: Aegean, maintained by the Lender in the name of the Borrower, with Deutsche Bank Trust Company Americas, or such other account established and maintained with Deutsche Bank AG, New York Branch or any Affiliate of the Lender, for receipt of payments relating to the Accounts Receivable denominated and payable in Dollars, and into which, among other items, all Collections on all such Assigned Receivables and all proceeds thereof will be deposited.
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Related to Dollar Collection Account

  • Interest Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

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

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

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

  • Finance Charge Account is defined in Section 4.9(a).

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Final Collection Date means the date on or following the Termination Date on which the Outstanding Loan Amount has been reduced to zero and all other Borrower Obligations have been paid in full.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • 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 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. 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 Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales or dispositions attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees, prepayment fees or other amounts received in respect of Loan Assets.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Reallocated Class B Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsection 4.12(a) in an amount not to exceed the product of (a) the Class B Investor Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Class B Investor Interest after giving effect to any Class B Investor Charge-Offs for such Transfer Date.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).