Examples of Lockbox Bank in a sentence

The Servicer shall be liable for (i) the fees and expenses of the Independent Accountant and (ii) to the extent not paid or reimbursed on any Distribution Date pursuant to Section 5.7(a) hereof or Section 5.6 of the Indenture, as applicable, the fees, expenses and indemnification amounts due to the Owner Trustee, the Backup Servicer, the Indenture Trustee, the Custodian and the Lockbox Bank.
Each Obligor has been, or will be, directed to make all payments on their related EFLLC Receivable to the Lockbox Bank for deposit into the Lockbox Account.
Each Obligor has been, or will be, directed to make all payments on their related Receivable to the Lockbox Bank for deposit into the Lockbox Account.

More Definitions of Lockbox Bank

Lockbox Bank means the clearing bank which establishes, maintains and holds the Lockbox Account, which shall be an Eligible Institution.

Lockbox Bank means, as of any date, Wxxxx Fargo Bank, National Association or another depository institution named by the Servicer and acceptable to the Trustee at which the Lockbox Account is established and maintained as of such date.

Lockbox Bank shall have the meaning given such term in Section 2.5.

Lockbox Bank has the meaning specified therefor in Section 8.01(a).

Lockbox Bank means any institution at which a Lockbox or Lockbox Account is maintained.

Lockbox Bank means (i) initially, Xxxxx Fargo Bank, National Association or its successor or (ii) another depository institution named by the Servicer and in respect of which the Rating Agency Condition shall have been satisfied.