Management Accounts definition
Examples of Management Accounts in a sentence
Cash Management Accounts shall not constitute trust funds and may be commingled with other monies held by Agent.
All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Management Accounts shall be deemed to be Investment Income on deposit for distribution to the Collection Account in accordance with Section 5.12 (Deposits, Withdrawals and Collections).
All amounts held in the Management Accounts constituting “securities accounts” within the meaning of Section 8-501 of the New York UCC may be invested or reinvested in Eligible Investments by the applicable Securitization Entity (or the Manager on its behalf) and such amounts may be transferred by the applicable Securitization Entity (or the Manager on its behalf) into an investment account for the sole purpose of investing in Eligible Investments.
Establishment of the Management Accounts) of this Base Indenture.
Establishment of the Management Accounts–Additional Management Accounts) of this Base Indenture.