Common use of Lockbox Bank Clause in Contracts

Lockbox Bank. The Lockbox Bank is the only institution holding any Lockbox Account for receipt of payments from Obligors, and all Obligors, and only such Obligors, have been instructed to make payments to the Lockbox Account, and no person claiming through or under Seller has any claim or interest in the Lockbox Account other than the Lockbox Bank; PROVIDED, HOWEVER, NBD Bank, N.A. ("NBD"), Eagle Credit Trust 1994-1, Eagle Credit Trust 1994-2, Eagle Credit Trust 1994-3, Eagle Credit Trust 1994-4, Eaglemark Trust 1995-1, Eaglemark Trust 1995-2, Eaglemark Trust 1996-1, Eaglemark Trust 1996-2 and any other Trusts (as that term is defined in the Fourth Amended and Restated Lockbox Agreement dated as of April 1, 1998 by and among Seller, Eaglemark Customer Funding Corporation-II, Eaglemark Customer Funding Corporation-III, Purchaser, and acknowledged by Norwest in its capacity as Trustee of Eagle Credit Trust 1994-1, Eagle Credit Trust 1994-2, Eagle Credit Trust 1994-3, Eagle Credit Trust 1994-4 and Eaglemark Trust 1995-1, Eaglemark Trust 1995-2 and ▇▇▇▇▇▇ Trust and Savings Bank with respect to Future Trusts (as defined therein)), shall have an interest in certain other collections therein not related to the Contracts.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Eaglemark Inc)

Lockbox Bank. The Lockbox Bank is the only institution holding any Lockbox Account for receipt of payments from Obligors, and all Obligors, and only such Obligors, have been instructed to make payments to the Lockbox Account, and no person claiming through or under Seller has any claim or interest in the Lockbox Account other than the Lockbox Bank; PROVIDED, HOWEVER, NBD Bank, N.A. ("NBD"), Eagle Credit Trust 1994-1, Eagle Credit Trust 1994-2, Eagle Credit Trust 1994-3, Eagle Credit Trust 1994-4, Eaglemark Trust 1995-1, Eaglemark Trust 1995-2, Eaglemark Trust 1996▇▇▇▇-1, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇-▇, ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Eaglemark Owner Trust 1996-2 3 and any other Future Trusts (as that term is defined in the Fourth Amended and Restated Lockbox Agreement dated as of April 1, 1998 by and among Seller, Eaglemark Customer Funding Corporation-II, Eaglemark Customer Funding Corporation-III, Purchaser, Purchaser and acknowledged by Norwest in its capacity as Trustee of Eagle Credit Trust 1994-1, Eagle Credit Trust 1994-2, Eagle Credit Trust 1994-3, Eagle Credit Trust 1994-4 and 4, Eaglemark Trust 1995-1, Eaglemark Trust 1995-2 and ▇▇▇▇▇▇ Trust and Savings Bank with respect to Future Trusts (as defined therein)), ) shall have an interest in certain other collections therein not related to the Contracts.

Appears in 1 contract

Sources: Transfer and Sale Agreement (Eaglemark Inc)

Lockbox Bank. The Lockbox Bank is the only institution holding any Lockbox Account for receipt of payments from Obligors, and all Obligors, and only such Obligors, have been instructed to make payments to the Lockbox Account, and no person claiming through or under Seller has any claim or interest in the Lockbox Account other than the Lockbox Bank; PROVIDED, HOWEVER, NBD Bank, N.A. ("NBD"), Eagle Credit Trust 1994-1, Eagle Credit Trust 1994-2, Eagle Credit Trust 1994-3, Eagle Credit Trust 1994-4, Eaglemark Trust 1995-1, Eaglemark Trust 1995-2, Eaglemark Trust 1996▇▇▇▇-1, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇-▇, ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Eaglemark Owner Trust 19961997-2 1 and any other Trusts (as that term is defined in the Fourth Third Amended and Restated Lockbox Agreement dated as of April February 1, 1998 1996 by and among Seller, Eaglemark Customer Funding Corporation-Corporation - II, Eaglemark Customer Funding Corporation-III, Purchaser, NBD and BofA and acknowledged by Norwest in its capacity as Trustee of Eagle Credit Trust 1994-1, Eagle Credit Trust 1994-2, Eagle Credit Trust 1994-3, Eagle Credit Trust 1994-4 and 4, Eaglemark Trust 1995-1, Eaglemark Trust 1995-2 and ▇▇▇▇▇▇ Trust and Savings Bank with respect to Future Trusts (as defined therein)), ) shall have an interest in certain other collections therein not related to the Contracts.

Appears in 1 contract

Sources: Transfer and Sale Agreement (Eaglemark Inc)