Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.10(e) of the Sale and Servicing Agreement.]

Swap Collateral Account means an account established by Party B with an Approved Bank.

Swap Collateral Account means the separate interest-bearing account created and maintained by the Swap Administrator pursuant to the Swap Administration Agreement.

Examples of Swap Collateral Account in a sentence

The Issuer shall possess all title documents to, other evidence of ownership of all funds from time to time on deposit in, and all investments and their proceeds which are credited to, the Swap Collateral Account.
The Issuer shall have sole signing authority in respect of the Swap Collateral Account.
If a substitute the Swap Collateral Account is established, this Series 202●-● Purchase Agreement shall be deemed to be amended to include the relevant information for such substitute the Swap Collateral Account.
The Swap Collateral Account shall be established by the Servicer to hold assets comprising the Credit Support Balance of the Swap Counterparty.
The Issuer may from time to time open additional or replacement accounts (pursuant to the Account Bank Agreement and the Transaction Documents), together with the Transaction Account and the Swap Collateral Account, the "Issuer Accounts".

More Definitions of Swap Collateral Account

Swap Collateral Account means the Eligible Deposit Account designated as such and established pursuant to subsection 4.18(a).

Swap Collateral Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

Swap Collateral Account. The account or accounts created and maintained pursuant to Section 4.14.

Swap Collateral Account. With respect to the Swap Agreement, in the event that the Swap Provider elects to post collateral as provided in the Swap Agreement, the non-interest bearing separate trust account established and maintained by the Indenture Trustee which shall be an Eligible Account for the benefit of the Swap Provider and the Noteholders, as their interests may appear, into which such collateral shall be deposited.

Swap Collateral Account means a US$ account in the name of Party B with an Approved Bank.

Swap Collateral Account means a trust account as described in Section 7.12 maintained in the name of the Indenture Trustee and which shall be an Eligible Account.