Lockbox Agreement definition

Lockbox Agreement means each agreement between a Borrower and a Clearing Bank concerning the establishment of a Lockbox for the collection of Receivables.

Lockbox Agreement means the Tri-Party Remittance Processing Agreement, dated as of August 23, 2004, by and among AmeriCredit, Bank One, NA and the Trust Collateral Agent, as such agreement may be amended or supplemented from time to time, unless the Trust Collateral Agent shall cease to be a party thereunder, or such agreement shall be terminated in accordance with its terms, in which event “Lockbox Agreement” shall mean such other agreement, in form and substance acceptable to the Controlling Party, among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

Lockbox Agreement means such other agreement, in form and substance acceptable to the Controlling Party, among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

Examples of Lockbox Agreement in a sentence

• Review for references to Lockbox Agreement or Blocked Account Agreement, etc.

• The key listing service is provided for the purposes of better and more efficient marketing of properties listed with Participants, the convenience of the licensees affiliated with Participants in said service, and to enhance security when showing listed properties to prospective buyers while owners are absent, and the undersigned licensee and Participant have entered into an Electronic Lockbox Agreement with PAAR MLS for those purposes.

• For the convenience of persons who have given permission to use the lockbox system, licensed home inspectors who are affiliate members of the Association, photographers or termite inspectors who are affiliate members of the association, or who are affiliated with a Participant may enter into an Electronic Lockbox Agreement and have access to properties in the lockbox system.

• The Lockbox Account shall be established pursuant to and maintained in accordance with the Lockbox Agreement and shall be a demand deposit account established and maintained with the Lockbox Bank; provided, however, that the Trustee shall give the Servicer prior written notice of any change made in the location of the Lockbox Account.

• In such event, the successor Servicer shall be deemed to have assumed all of the outgoing Servicer’s interest therein and to have replaced the outgoing Servicer as a party to the Lockbox Agreement to the same extent as if such Lockbox Agreement had been assigned to the successor Servicer, except that the outgoing Servicer shall not thereby be relieved of any liability or obligations on the part of the outgoing Servicer to the Lockbox Bank under such Lockbox Agreement.

More Definitions of Lockbox Agreement

Lockbox Agreement means the Amended and Restated Lockbox Administration Agreement dated as of July 14, 2009 by and among the Lockbox Bank, the Servicer, the Trust Depositor, Harley-Davidson Warehouse Funding Corp., a Nevada corporation, The Bank of New York Mellon Trust Company, National Association, JPMorgan Chase Bank, National Association, Eaglemark Customer Funding Corporation IV, and Bank of America, National Association, with respect to the Lockbox Account, unless such agreement shall be terminated in accordance with its terms, in which event “Lockbox Agreement” shall mean such other agreement, in form and substance acceptable to the above-described parties; such term shall also include any other agreement having substantially the same terms as the existing agreement described above, between or among a Lockbox Bank, the Indenture Trustee and the Servicer, the Trust Depositor and any other parties in respect of any Lockbox Account.

Lockbox Agreement shall have the meaning given such term in Section 2.5.

Lockbox Agreement means that certain Clearing Account Agreement dated the date hereof among Borrower, Lender and Lockbox Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Lockbox Account.

Lockbox Agreement means a letter agreement among a Lockbox Bank, the Seller, the Trust Collateral Agent, the Servicer and, if applicable, any Sub-Servicer, relating to one or more Lockbox Accounts, as the same may be amended, supplemented, amended and restated or otherwise modified from time to time in accordance with the terms thereof. So long as no Insurer Default shall have occurred and be continuing, any Lockbox Agreement is also required to be acceptable to the Insurer.

Lockbox Agreement. As defined in the Mortgage Loan Agreement.

Lockbox Agreement means (i) with respect to Loans pledged to secure the Series 2002-1 Notes, any agreement substantially in the form of Exhibit E by and between the Initial Issuer, the Trustee, the Master Servicer and the applicable Lockbox Bank, which agreement sets forth the rights of the Issuer, the Trustee and the applicable Lockbox Bank with respect to the disposition and application of the Collections deposited in the applicable Lockbox Account, including without limitation the right of the Trustee to direct the Lockbox Bank to remit all Collections directly to the Trustee and (ii) with respect to Loans pledged to secure an Additional Series, the lockbox agreements or similar arrangements described in the applicable Indenture and Servicing Agreement.

Lockbox Agreement means that certain Lockbox Agreement dated as of the date hereof, among Lender, the Borrower and the Lockbox Agent.