Issuer Transaction Accounts definition

Issuer Transaction Accounts means, in relation to the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Transaction Accounts, the Second Issuer Transaction Accounts and the Third Issuer Transaction Accounts and in relation to any New Issuer, the Current Issuer Transaction Accounts as defined in the Issuer Master Definitions Schedule relating to that Issuer;
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Issuer Transaction Accounts means the Current Issuer Transaction Accounts; and
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Issuer Transaction Accounts means, in relation to the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Transaction Accounts, the Second Issuer Transaction Accounts and the Third
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Examples of Issuer Transaction Accounts in a sentence

  • The Class B Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Class B Notes after the date on which the Issuer no longer holds any Mortgage Receivables and there is no balance standing to the credit of the Issuer Transaction Accounts and the Issuer has no further rights under or in connection with any of the Transaction Documents.

  • The Current Issuer Cash Manager hereby confirms that each of the Current Issuer Transaction Accounts have been established on or before the date hereof and that the mandates in the agreed form will apply thereto at the Closing Date.

  • In administering the Current Issuer Transaction Accounts on behalf of the Current Issuer and the Note Trustee, the Current Issuer Cash Manager shall comply with the provisions of Schedule 2 prior to receipt by the Current Issuer Cash Manager of a copy of any Current Issuer Note Enforcement Notice served on the Current Issuer.

  • The Current Issuer Cash Manager undertakes (to the extent to which the same is within its control in its capacity as Current Issuer Cash Manager) that at the Closing Date the Current Issuer Transaction Accounts will be operative and that the Current Issuer Cash Manager will not knowingly create or permit to subsist any Security Interest in relation to the Current Issuer Transaction Accounts other than as created under or permitted pursuant to the Current Issuer Deed of Charge.

  • Following service of a Current Issuer Note Enforcement Notice, the Note Trustee or any Receiver appointed by the Note Trustee will administer the Current Issuer Transaction Accounts in accordance with the terms of the Current Issuer Deed of Charge.

  • The Class E Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Class E Notes after the date on which the Issuer no longer holds any Mortgage Receivables and there is no balance standing to the credit of the Issuer Transaction Accounts and the Issuer has no further rights under or in connection with any of the Transaction Documents.

  • The Issuer Account Bank shall pay a certain guaranteed rate of interest on all funds standing to the credit of the Issuer Transaction Accounts.

  • The Class D Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Class D Notes after the date on which the Issuer no longer holds any Mortgage Receivables and there is no balance standing to the credit of the Issuer Transaction Accounts and the Issuer has no further rights under or in connection with any of the Transaction Documents.

  • The Class C Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Class C Notes after the date on which the Issuer no longer holds any Mortgage Receivables and there is no balance standing to the credit of the Issuer Transaction Accounts and the Issuer has no further rights under or in connection with any of the Transaction Documents.

  • Except in the case of the Current Issuer Principal Deficiency Ledger, a debit item shall only be made in respect of any of the Current Issuer Ledgers, and the corresponding payment or transfer (if any) may only be made from the Current Issuer Transaction Accounts, to the extent that such entry does not cause the relevant ledger to have a debit balance.


More Definitions of Issuer Transaction Accounts

Issuer Transaction Accounts means the Issuer Collection Account, the Interest Proceeds Account and the Principal Proceeds Account.
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Issuer Transaction Accounts means, in relation to the First Issuer, the First Issuer Transaction Accounts and in relation to any New Issuer, the accounts identified as such for such New Issuer in the Issuer Transaction Documents and as defined in the Issuer Master Definitions Schedule relating to that Issuer;
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Issuer Transaction Accounts means the day to day bank accounts of the Master Issuer, held with any of the Issuer Transaction Account Banks and comprising the Issuer Euro Account, the Issuer Sterling Account, the Issuer Dollar Account, the Issuer Canadian Dollar
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Related to Issuer Transaction Accounts

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

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

  • 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.

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

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

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

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

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

  • 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.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Issuer Accounts means, collectively, the Excess Funding Account, the Collection Account and any Supplemental Issuer Account, including any Sub-Accounts thereof.

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

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • 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.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

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

  • Series Distribution Account shall have the meaning specified in Section 8.

  • 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.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s). 1.2 Interpretation 1.2.1 References to Lenders’ Representative shall, unless repugnant to the context or meaning thereof, mean references to the Lenders’ Representative, acting for and on behalf of Senior Lenders. 1.2.2 The words and expressions beginning with capital letters and defined in this Agreement shall have the meaning ascribed thereto herein, and the words and expressions used in this Agreement and not defined herein but defined in the Development Agreement shall, unless repugnant to the context, have the meaning ascribed thereto in the Development Agreement. 1.2.3 References to Clauses are, unless stated otherwise, references to Clauses of this Agreement. 1.2.4 The rules of interpretation stated in Clauses 1.2, 1.3 and 1.4 of the Development Agreement shall apply, mutatis mutandis, to this Agreement.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

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

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement.