Examples of Trap in a sentence
To the extent that the available funds in the Collection Account are insufficient for such purpose, all funds on deposit in the International Issuer Deposit Accounts shall be required to be converted to U.S. dollars (if applicable) and deposited into the Collection Account, for further transfer to the Cash Trap Reserve Account up to the amount of such shortfall in accordance with the Manager Report.
On or prior to the second Business Day following identification thereof, the Manager, acting on behalf of the Issuer, shall withdraw amounts on deposit in the Issuer Deposit Accounts, the Collection Account or the Cash Trap Reserve Account that are identified as Excluded Amounts and otherwise direct the release of amounts held by or on behalf of the Issuer that are identified as Excluded Amounts or that are otherwise not allocable to the Issuer.