Collection Accounts definition

Collection Accounts. As defined in Section 3.10(a).
Collection Accounts. The accounts established and maintained by a Servicer in accordance with Section 3.05.
Collection Accounts means, collectively, the U.S. Collection Accounts and the Canadian Collection Accounts.

Examples of Collection Accounts in a sentence

  • The Collection Account Bank has been instructed to remit all funds on deposit in the Collection Accounts to the Disbursement Account on each Business Day.

  • None of any Seller, Interim Servicer or any Person claiming through or under any Seller or Interim Servicer shall have any claim to or interest in the Waterfall Account and all Collection Accounts; provided that the Sellers (or Interim Servicer, at the direction of a Seller) may withdraw funds from the Waterfall Account or any Collection Account with the prior written consent of Buyer in accordance with the terms of the related Controlled Account Agreement.

  • The Waterfall Account and all Collection Accounts shall be established at Waterfall Account Bank.


More Definitions of Collection Accounts

Collection Accounts have the meanings specified therefor in Section 8.01(a).
Collection Accounts shall have the meaning set forth in Section 4.14(g) hereof.
Collection Accounts. The trust accounts so designated and established pursuant to Section 10.2(a) hereof.
Collection Accounts means the accounts established and maintained by the Company in accordance with the Collection Account Agreements and into which Collections shall be deposited.
Collection Accounts means, collectively, the Cariparma Collection Accounts, the Carispe Collection Accounts, the BPF Collection Accounts.
Collection Accounts means the Interest Collection Account and the Principal Collection Account.
Collection Accounts has the meaning set forth in Section 2.7(a).