FNMA Account Bank definition

FNMA Account Bank means The Bank of New York and its successors and assigns.
Sample 1Sample 2Sample 3

Examples of FNMA Account Bank in a sentence

  • Seller has directed FNMA Account Bank to deposit daily into the RBS Sub-Account the purchase price and all other amounts to be deposited by Fxxxxx Mae into the FNMA Loan Purchase Account in connection with Fxxxxx Mae’s purchase from Seller from time to time of Landscape Loans that are subject to Transactions under this Agreement immediately prior to such purchase.

  • Seller shall instruct FNMA Account Bank to withdraw amounts on deposit in the GCFP Sub-Account on a daily basis and to pay such funds to or upon the order of Buyer to the extent necessary to reduce the aggregate outstanding Repurchase Price of all Purchased Loans sold by Seller to Fxxxxx Mae and all other related Obligations to zero.

  • Seller shall instruct FNMA Account Bank to withdraw amounts on deposit in the RBS Sub-Account on a daily basis and to pay such funds to or upon the order of Buyer to the extent necessary to reduce the aggregate outstanding Repurchase Price of all Purchased Loans sold by Seller to Fxxxxx Mae and all other related Obligations to zero.

  • Seller shall instruct FNMA Account Bank to withdraw amounts on deposit in the RBS Sub-Account on a daily basis and to pay such funds to or upon the order of Buyer to the extent necessary to reduce the aggregate outstanding Repurchase Price of all Purchased Loans sold by Seller to Xxxxxx Mae and all other related Obligations to zero.

  • Prior to the occurrence and continuance of a Default or an Event of Default, Seller shall direct FNMA Account Bank with respect to the disposition of funds on deposit in the RBS Sub-Account irrespective of whether such funds relate to Landscape Loans then subject to Transactions under this Agreement.

  • If a lease is rejected by a tenant in bankruptcy, we would have only a general unsecured claim for damages in connection with past-due balances plus rejection damages for rent reserved subject to the cap imposed by the Bankruptcy Code.(3) Includes all tenant leases that had expired and were on a month to month basis as of December 31, 2020.See “Item 7.

  • Seller has directed FNMA Account Bank to deposit daily into the RBS Sub-Account the purchase price and all other amounts to be deposited by Xxxxxx Mae into the FNMA Loan Purchase Account in connection with Xxxxxx Mae’s purchase from Seller from time to time of Landscape Loans that are subject to Transactions under this Agreement immediately prior to such purchase.

  • Seller has directed FNMA Account Bank to deposit daily into the GCFP Sub-Account the purchase price and all other amounts to be deposited by Fxxxxx Mae into the FNMA Loan Purchase Account in connection with Fxxxxx Mae’s purchase from Seller from time to time of Landscape Loans that are subject to Transactions under this Agreement immediately prior to such purchase.

  • Prior to the occurrence and continuance of a Default, Event of Termination or an Event of Default, Seller shall direct FNMA Account Bank with respect to the disposition of funds on deposit in the Citigroup Sub-Account irrespective of whether such funds relate to Landscape Loans then subject to Transactions under this Agreement.

  • In addition, Seller shall direct FNMA Account Bank to deposit directly to the GCFP Sub-Account the purchase price, and all other amounts on deposit in the FNMA Loan Purchase Account that relate to Fxxxxx Mae’s purchase from Seller from time to time of Landscape Loans that are from time to time subject to Transactions under this Agreement.

Related to FNMA Account Bank

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Account Bank means any of them.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Lockbox Bank means a depository institution named by the Servicer and acceptable to the Controlling Party.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.