Dutch Collection Account definition

Dutch Collection Account means any account set forth on Schedule 5 (Facility Accounts and Account Banks) hereto under the heading “Dutch Collection Accounts”, as such Schedule may be amended from time to time in accordance herewith.

Dutch Collection Account means the collection account in the name of Dutch FleetCo into which Dutch Collections shall be deposited.

Dutch Collection Account shall have the meaning provided in Section 8.15(c)(iv) .

Examples of Dutch Collection Account in a sentence

• Furthermore, the Commission finds it has authority to employ outside legal counsel to represent it in matters before the FERC.

• Each Credit Party hereby agrees that from and after the date the Dutch Collection Account is opened, all amounts held in Deposit Accounts owned by the Dutch Credit Parties in the Netherlands and into which the proceeds and products of Collateral may be deposited (other than Excluded Accounts) shall be sent by ACH or wire transfer or similar electronic transfer no less frequently than once per Business Day to the Dutch Collection Account.

• The Lenders hereby consent to an amendment to (a) the Dutch Receivables Pledge to amend Sections 2.2.2 and 2.3.2 thereof to reflect the time periods for delivery and registration of supplement deeds of pledge set forth in Section 5.17(a) and (b), (b) the Dutch Collection Account Pledge to insert the defined term “Collection Account” and (c) the UK Security Agreement as set forth in the deed of supplemental security and amendment, as attached as Exhibit F.

More Definitions of Dutch Collection Account

Dutch Collection Account means the collection account in the name of Dutch FleetCo into which Dutch Collections shall be deposited. "Dutch Collection Account Reserve Ledger" means the ledger so named maintained in the Dutch Collection Account.

Dutch Collection Account means each account established at a Dutch Collection Bank subject to a Cash Management Control Agreement into which funds shall be transferred as provided in Section 5.03(e).