Interest Collection Subaccount definition

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

Interest Collection Subaccount means the account established at the Account Bank with account number 00000000 for U.S. Dollar deposits into which Interest Collections shall be segregated, and each other subaccount of the Collection Account that may be established from time to time for administration or convenience into which Interest Collections are to be segregated.

Interest Collection Subaccount. The trust account established pursuant to Section 10.2(a).

Examples of Interest Collection Subaccount in a sentence

• Amounts on deposit in the Revolving Reserve Account will be invested in overnight funds that are Eligible Investments selected by the Investment Advisor pursuant to Section 8.06 and earnings from all such investments will be deposited in the Interest Collection Subaccount as Interest Proceeds.

• The Collateral Agent shall from time to time deposit into the Interest Collection Subaccount, in addition to the deposits required pursuant to Section 8.06(a), promptly upon receipt thereof, all Interest Proceeds received by the Collateral Agent.

• Except to the extent expressly provided otherwise herein, all interest, gain, loss and other income from such investments shall be deposited, credited or charged (as applicable) in and to the Interest Collection Subaccount.

More Definitions of Interest Collection Subaccount

Interest Collection Subaccount is defined in Section 7.4(e).

Interest Collection Subaccount means a sub-account (account number [*] at the Account Bank) of the Collection Account entitled "Interest Collection Subaccount," into which Interest Collections shall be segregated.

Interest Collection Subaccount means the account established at the Account Bank with account number 46455702 for U.S. Dollar deposits into which Interest Collections shall be segregated, and each other subaccount of the Collection Account that may be established from time to time for administration or convenience into which Interest Collections are to be segregated.

Interest Collection Subaccount has the meaning specified in Section 3(a).

Interest Collection Subaccount as securities account number 00000000 (the "Interest Collection Subaccount"), (ii) the account in respect of the Secured Obligations referenced in the Credit Agreement (as defined below) as the "Principal Collection Subaccount" as securities account number 00000000 (the "Principal Collection Subaccount"), (iii) the account in respect of the Obligations referenced in the Credit Agreement as the "Revolving Reserve Account" as securities account number 00000000 (the "Revolving Reserve Account"), (iv) the account in respect of the Secured Obligations referenced in the Credit Agreement as the "Collateral Account" as securities account number 00000000 (the "Collateral Account") and (v) the account in respect of the Secured Obligations referenced in the Credit Agreement as the "Payment Account" as securities account number 00000000 (the "Payment Account" and, together with the Interest Collection Subaccount, the Principal Collection Subaccount, the Revolving Reserve Account and the Collateral Account, the "Covered Accounts"), in each case, in the name set forth below;

Interest Collection Subaccount means, collectively, (i) a sub-account (account number 82612101 at the Account Bank) of the Collection Account entitled "Interest Collection Subaccount," into which Interest Collections shall be segregated and (ii) each sub- account of the Collection Account of each Securitization Subsidiary into which Interest Collections shall be segregated.

Interest Collection Subaccount. The account established pursuant to Section 10.2(a). “Interest Coverage Effective Date”: The Determination Date immediately preceding the second Payment Date.