Note Account definition

Note Account. As defined in the Indenture.

Note Account means the account designated as such, established and maintained pursuant to Section 5.1(b) of the Sale and Servicing Agreement.

Note Account means the Collection Account, the Principal Distribution Account or the Reserve Account, as applicable.

Examples of Note Account in a sentence

• The amount of earnings on investments of funds in the Collection Account during the Collection Period related to each Payment Date shall be deposited into the Note Account on each Payment Date, and shall be available for payment pursuant to Section 5.6(c).

• Amounts in the Note Account and the Policy Payments Account shall not be invested.

• The poorer performance of the model in these regions indicates that the North-West Shelf wave system is not fully mature as a coastal wave model at this iteration, such that users should exercise caution with data in these and similar regions of the model that are subject to particularly strong tidal variations.

• The obligation of the Servicer to accept reassignment, reallocation or assignment of such Loans, and to make the deposits, if any, required to be made to the Collection Account or other applicable Note Account as provided in the preceding paragraph, shall constitute the sole remedy available to the Issuer, the Depositor, the North Carolina Trust, the Noteholders or the Indenture Trustee with respect to a breach of such Applicable Representations, except as provided in Section 6.04.

• The Indenture Trustee shall relinquish possession of such items, or direct its agent to do so, only for purposes of collecting the final payment receivable on such investment or certificate or, in connection with the sale of any investment held in the Note Account, against delivery of the amount receivable in connection with any sale.

More Definitions of Note Account

Note Account. The Note Account established in accordance with Section 8.3 of the Indenture and maintained by the Indenture Trustee.

Note Account. The segregated note account established in accordance with Section 3.02(a) hereof and maintained at the Corporate Trust Office.

Note Account means the account of that name established pursuant to Section 8.05 of this Indenture.

Note Account means an account maintained hereunder by the Agent on its books of account at the Payment Office and, with respect to the Issuer, in which the Issuer will be charged with all Obligations incurred by the Issuer.

Note Account has the meaning given to such term in Section 3.01(a).

Note Account. The segregated trust account, which shall be an Eligible Account, established and maintained pursuant to Section 8.02 and entitled " , as Indenture Trustee for Loan Trust 200 - Loan Backed Notes, Series 200 - Note Account," on behalf of the Noteholders and the Note Insurer.

Note Account shall have the meaning assigned thereto in the Indenture.