Examples of Lockbox Bank in a sentence

The outgoing Servicer shall, upon the request of the Owner Trustee, but at the expense of the outgoing Servicer, deliver to the Successor Servicer all documents and records relating to each such Lockbox Agreement and an accounting of amounts collected and held by a Lockbox Bank and otherwise use its best efforts to effect the orderly and efficient transfer of any Lockbox Agreement to the Successor Servicer.
Exhibit K [Lockbox Bank and Lockbox Account] Lockbox For Standard U.S. Mail: Harley-Davidson Credit Corp.
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 each such 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 a Lockbox Bank under such Lockbox Agreement.

More Definitions of Lockbox Bank

Lockbox Bank means the clearing bank which establishes, maintains and holds the Lockbox Account, which shall be an Eligible Institution.

Lockbox Bank means, as of any date, Wxxxx Fargo Bank, National Association or another depository institution named by the Servicer and acceptable to the Trustee at which the Lockbox Account is established and maintained as of such date.

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

Lockbox Bank means any institution at which a Lockbox or Lockbox Account is maintained.

Lockbox Bank has the meaning specified therefor in Section 8.01(a).

Lockbox Bank means (i) initially, Xxxxx Fargo Bank, National Association or its successor or (ii) another depository institution named by the Servicer and in respect of which the Rating Agency Condition shall have been satisfied.