Revenue Collection Accounts definition

Revenue Collection Accounts means certain revenue collection accounts of the Borrower subject to the Liens created pursuant to the Borrower Accounts Pledges, the details of which are set out more fully in the Borrower Accounts Pledges.
Sample 1Sample 2

Examples of Revenue Collection Accounts in a sentence

  • Project Escrow Accounts: all Senior Debt Escrow Accounts under the terms of the Accounts Agreement, including the Revenue Collection Accounts (such accounts, together with the Debenture Accounts indicated in (a) to (e) above, the “ Project Escrow Accounts”.

  • The Borrower shall fail to procure that additional revenue collection accounts (other than the Excluded Revenue Collection Accounts) are pledged or fiduciarily assigned (at the discretion of the Lender) in favour of the Security Agent in accordance with the terms of and within the time stipulated in paragraph (d) of Section 5.32 (Borrower Accounts Pledges).

  • In terms of Article 9.5.8(b) of the PPA, the Petitioner has a lien on the amounts due and received in the ‘Revenue Collection Account’ maintained by PTC in a scheduled Bank and in terms of Article 9.5.8(c) of the PPA, if the Petitioner is unable to realise the payments due from the PTC under the PPA by recourse to the Revenue Collection Accounts, PTC shall be obliged to invoke the PSM under the PSA and discharge the payment obligations under the PPA.

  • Revenue Collection Accounts for revenue under the Economic Service Charge, the Value Added Tax and the Nation Building Tax had been maintained in two State Banks.

  • Rates, Tariffs, Charges and Timing of Revenue Collection Accounts for rates, refuse, electricity, water and sanitation are issued on a monthly basis and are due and payable before the 15th of the month.

Related to Revenue Collection Accounts

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collection Accounts As defined in Section 3.10(a).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments Inc., Bear Stearns ARM Trust, Mortgage Pass- Thrxxxx Xxrtificates, Series 2003-1 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Finance Charge Account is defined in Section 4.9(a).

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • 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.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Administration Account As defined in Section 7.02.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Concentration Accounts has the meaning ascribed to it in Annex C.