Oil Fleet Lockbox means the lockbox account established by Driven Product Sourcing LLC for the benefit of Take 5 Properties and maintained at Xxxxx Fargo Bank, N.A.
Lockbox has the meaning set forth in Section 2.11.
Lockbox Processor means Regulus Group II LLC, or its successors or assigns.
Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.
Lockboxes has the meaning set forth in Section 2.7.
Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.
Collection Accounts As defined in Section 3.10(a).
Concentration Accounts has the meaning ascribed to it in Annex C.
Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.
Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.
Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.
Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).
Concentration Account Agreement as defined in subsection 4.16(b).
Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.
Concentration Account has the meaning provided in Section 6.13(c).
Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.
Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;
Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.
Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.
Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.
Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.
Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.
Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.
Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).
Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.
Credit Card Notification has the meaning assigned to such term in Section 5.11.
Collection Bank means, at any time, any of the banks holding one or more Collection Accounts.