Lock-Box Bank definition

Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.

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Lock-Box Bank means each bank listed on Exhibit F, as revised pursuant to Section 5.1(i).

Lock-Box Bank. Bank of America, N.A., or any of the banks or other financial institutions holding one or more Lock-Box Accounts.

Examples of Lock-Box Bank in a sentence

The Servicer will cause each Lock-Box Bank to comply with the terms of each applicable Lock-Box Agreement.
The Seller (or the Servicer on its behalf) will cause each Lock-Box Bank to comply with the terms of each applicable Lock-Box Agreement.
The Servicer shall only terminate a Lock-Box Bank or close a Lock-Box Account (or the related Lock-Box) with the prior written consent of the Administrator.
The Seller shall only terminate a Lock-Box Bank or close a Lock-Box Account (or the related Lock-Box) with the prior written consent of the Administrator.
The Servicer shall only add a Lock-Box Account (or the related Lock-Box), or a Lock-Box Bank to those listed on Schedule II to this Agreement, if the Administrator has received notice of such addition and an executed and acknowledged copy of a Lock-Box Agreement in form and substance acceptable to the Administrator from any such new Lock-Box Bank.

More Definitions of Lock-Box Bank

Lock-Box Bank means each of the banks set forth in Exhibit C hereto and such banks as may be added thereto or deleted therefrom pursuant to Section 2.8 hereof.

Lock-Box Bank means any of the banks holding one or more Collection Accounts or the Concentration Account.

Lock-Box Bank means, as of any date, a depository institution named by the Servicer and acceptable to the Note Insurer at which a Lock-Box Account is established and maintained as of such date.

Lock-Box Bank means, as of any date, a depository institution named by the Servicer and acceptable to the Certificate Insurer at which the Lock-Box Account is established and maintained as of such date.

Lock-Box Bank means any of the banks specified on Schedule I hereof and any other bank specified as a “Lock-Box Bank” in accordance with this Agreement, in each case holding one or more Lock-Box Accounts.

Lock-Box Bank means any of the banks holding one or more Lock-Box Accounts for receiving Collections from Pool Receivables.

Lock-Box Bank means Bank of America, N.A.