Definition of Loan Collection Account Agreement


Loan Collection Account Agreement means that certain Loan Collection Account Agreement dated as of the date hereof, between the Borrower and the Lender relating to the deposit of proceeds of the SOW 28 Tracking Certificate and the SOW 35 Tracking Certificate, as hereafter modified, amended or supplemented from time to time.
Sample 1

Examples of Loan Collection Account Agreement in a sentence

The Loan Collection Account, and all amounts and items on deposit therein or credited thereto from time to time, shall at all times be subject to the security interest of the Lender created under the Loan Collection Account Agreement.
The Borrower shall cause all payments under the SOW 28 Tracking Certificate and the SOW 35 Tracking Certificate to be deposited directly by the Trustee into the Loan Collection Account to be held by the Lender pursuant to the Loan Collection Account Agreement, subject to disbursement as provided herein and in the Loan Collection Account Agreement.