Collection Banks Sample Clauses

Collection Banks. Lock-Box Related Collection Account -------- -------------------------- [P.O. BOX ADDRESS] Name of Current Account Holder: ____________ Account Number: _____________ [COLLECTION BANK NAME], a _________ banking association Account Number: ___________________
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Collection Banks. PNC Bank, NA 1 XXX Xxxxx Xxxxxxxxxx, XX 00000 EXHIBIT V FORM OF COMPLIANCE CERTIFICATE To: Bank One, NA, as Administrative Agent and Falcon Agent and Fifth Third Bank This Compliance Certificate is furnished pursuant to that certain Amended and Restated Receivables Purchase Agreement dated as of November 20, 2003 among Convergys Funding Corporation (the “Seller”), Convergys Corporation (the “Servicer”), the Purchasers party thereto and Bank One, NA, as Administrative Agent and Falcon Agent and Fifth Third for such Purchasers (the “Agreement”). Capitalized terms used and not otherwise defined herein are used with the meanings attributed thereto in the Agreement. THE UNDERSIGNED HEREBY CERTIFIES THAT:
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Collection Banks. .................................................................................30 6.2 Funds in Accounts....................................................................................31 6.3 Notice that Project is Operating.....................................................................31 6.4 Maintenance of Permitted Investments.................................................................32
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Collection Banks. Lock-Box Related Collection Account Name of Current Account Holder: Wolverine Finance Co. Wolverine Finance Co. P.X. Xxx 000000 Xxxxxx Xxxx, a banking association Pxxxxxxxxx, XX 00000 Account Number: ABA Number: Contact Person: Axxx Xxxxxxx Contact’s Tel: (000) 000-0000 Contact’s Fax: (000) 000-0000 Wolverine Finance Co. Name of Current Account Holder: P.X. Xxx 000000 Xxxxxxxxx Finance Co. Pxxxxxxxxx, XX 00000 Mellon Bank, a banking association Account Number: ABA Number: Contact Person: Axxx Xxxxxxx Contact’s Tel: (000) 000-0000 Contact’s Fax: (000) 000-0000 Wolverine Finance Co. Name of Current Account Holder: P.X. Xxx 000000 Xxxxxxxxx Finance Co. Pxxxxxxxxx, XX 00000 Mellon Bank, a banking association Account Number: ABA Number: Contact Person: Axxx Xxxxxxx Contact’s Tel: (000) 000-0000 Contact’s Fax: (000) 000-0000 Wolverine Finance Co. Name of Current Account Holder: P.X. Xxx 000000 Xxxxxxxxx Finance Co. Pxxxxxxxxx, XX 00000 Mellon Bank, a banking association Account Number: ABA Number: Contact Person: Axxx Xxxxxxx Contact’s Tel: (000) 000-0000 Contact’s Fax: (000) 000-0000
Sample 1
Collection Banks. Lock-Box/P.O. Box Related Collection Account ---------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------- ------------------------------------------------------- P.O. Box No. 91269 at the U.S. Post Office branch Union Bank of California Accounx xx. 0000000000 xor located at 103 rd Avenue NE, Bellevue, WA 98004 rexxxxxx xxxm Payment Processing ---------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------- ------------------------------------------------------- N/A Union Bank of California Account no. 4430000816 for receipxx xxxx Xxll Payment Consolidator ---------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------- ------------------------------------------------------- N/A Key Bank Account no. 479681024614 for receipts from UBOC accounts above ---------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------- ------------------------------------------------------- Key Bank Account no. 479681024622 for receipts from N/A Customer Direct Debits ---------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------- ------------------------------------------------------- Key Bank Account no. 479681024655 for receipts from N/A Customer Internet Payments ---------------------------------------------------------- ------------------------------------------------------- ---------------------------------------------------------- ------------------------------------------------------- N/A Key Bank Account no. 479681024663 for receipts from Customer Credit Card Payments ---------------------------------------------------------- ------------------------------------------------------- Exhibit IV Form of Compliance Certificate This Compliance Certificate is furnished pursuant to that certain Receivables Sale Agreement dated as of December 23, 2002, between Puget Sound Energy, Inc. ("Originator") and Rainier Receivables, Inc. (as amended, restated, supplemented or otherwise modified from time to time, the "Agreement"). Capitalized terms ...
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Related to Collection Banks

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Lockbox Bank All Obligors have been instructed to make payments to a Lockbox Account (either directly by remitting payments to a Lockbox, or indirectly by making payments through direct debit, the telephone or the internet to an account of the Servicer which payments will be subsequently transferred from such account to one or more Lockbox Banks), and no person claiming through or under Seller has any claim or interest in a Lockbox Account other than the related Lockbox Bank; provided, however, that other Persons may have an interest in certain other collections therein not related to the Contracts.

  • Branches of U.S. Banks (a) Except as otherwise set forth in this Contract, the provisions hereof shall not apply where the custody of the Portfolios assets are maintained in a foreign branch of a banking institution which is a "bank" as defined by Section 2(a)(5) of the Investment Company Act of 1940 meeting the qualification set forth in Section 26(a) of said Act. The appointment of any such branch as a sub-custodian shall be governed by paragraph 1 of this Contract.

  • Lockbox Accounts The names and addresses of all the Lockbox Banks, together with the account numbers of the Lockbox Accounts of the Seller at each Lockbox Bank and the post office box numbers of the lockboxes, are listed on Schedule 6.1(o) (or have been notified to and approved by the Agents in accordance with Section 7.3(d)) and are the only post office boxes and accounts into which Collections of Receivables are deposited or remitted. The Seller has not granted any Person, other than the Administrative Agent for the benefit of the Secured Parties as contemplated by this Agreement, control of any lockbox or Lockbox Account, or the right to take control of any such lockbox or Lockbox Account at a future time.

  • Blocked Accounts Agent shall have received duly executed agreements establishing the Blocked Accounts or Depository Accounts with financial institutions acceptable to Agent for the collection or servicing of the Receivables and proceeds of the Collateral;

  • Deposit Accounts; Credit Card Processors Open new DDAs (other than Excluded DDAs and Retail DDAs) unless the Loan Parties shall have delivered to the Agent appropriate Blocked Account Agreements consistent with the provisions of Section 6.12 and otherwise satisfactory to the Agent. No Loan Party shall maintain any bank accounts or enter into any agreements with Credit Card Issuers or Credit Card Processors other than the ones expressly contemplated herein or in Section 6.12 hereof.

  • Establishment of a Lockbox Account, Dominion Account All proceeds of Collateral shall be deposited by Borrower into either (i) a lockbox account, dominion account or such other “blocked account” (“Blocked Accounts”) established at a bank or banks (each such bank, a “Blocked Account Bank”) pursuant to an arrangement with such Blocked Account Bank as may be selected by Borrower and be acceptable to Agent or (ii) depository accounts (“Depository Accounts”) established at Agent for the deposit of such proceeds. Borrower, Agent and each Blocked Account Bank shall enter into a deposit account control agreement in form and substance satisfactory to Agent directing such Blocked Account Bank, upon notice from Agent, to transfer such funds so deposited to Agent, either to any account maintained by Agent at said Blocked Account Bank or by wire transfer to appropriate account(s) of Agent. All funds deposited in such Blocked Accounts shall immediately become the property of Agent and Borrower shall obtain the agreement by such Blocked Account Bank to waive any offset rights against the funds so deposited. Neither Agent nor any Lender assumes any responsibility for such blocked account arrangement, including any claim of accord and satisfaction or release with respect to deposits accepted by any Blocked Account Bank thereunder. All deposit accounts and investment accounts of Borrower are set forth on Schedule 4.15(g). Notwithstanding anything to the contrary set forth in this Section 4.15(g), Borrower shall be permitted to deposit checks or other payments received at Borrower’s locations in the Ordinary Course of Business in deposit accounts which may not be subject to a blocked account or similar agreements; provided that, at no time shall Borrower have more than $50,000 in the aggregate in all such accounts which are not Blocked Accounts or Depository Accounts.

  • Depository Banks The Borrower and each of its Subsidiaries will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business. Additionally, the Administrative Agent shall be the principal provider of other bank products to the Borrower and its Subsidiaries.

  • Establishment of Custodial Account; Deposits in Custodial Account The Seller shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “PrimeLending, in trust for Redwood Residential Acquisition Corporation as Purchaser of Mortgage Loans and various Mortgagors.” Such Custodial Account shall be an Eligible Account established with a commercial bank, a savings bank or a savings and loan association (which may be a depository affiliate of the Seller) which meets the guidelines set forth by the FHFA, Fxxxxx Mxx or Fxxxxxx Mac as an eligible depository institution for custodial accounts. The Custodial Account shall not be transferred to any other depository institution without the Purchaser’s approval, which shall not unreasonably be withheld. In any case, the Custodial Account shall be insured by the FDIC in a manner which shall provide maximum available insurance thereunder and which may be drawn on by the Seller. The Seller shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date):

  • Reports to the Trustee; Collection Account Statements Not later than twenty days after each Distribution Date, the Servicer shall forward, upon request, to the Trustee and the Depositor the most current available bank statement for the Collection Account. Copies of such statement shall be provided by the Trustee to any Certificateholder and to any Person identified to the Trustee as a prospective transferee of a Certificate, upon request at the expense of the requesting party, provided such statement is delivered by the Servicer to the Trustee.

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