Common use of Construction Bank Account Clause in Contracts

Construction Bank Account. The Lessee may, at its option, maintain with the Lender a commercial operating account. All Loan Advances made by the Lender and all Contribution Advances issued by the Lender on behalf of the Lessor may be made by depositing the amount thereof directly into such operating account.

Appears in 3 contracts

Samples: Master Participation Agreement (Atria Communities Inc), Participation Agreement (Eagle Usa Airfreight Inc), Master Participation Agreement (Eagle Usa Airfreight Inc)

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Construction Bank Account. The Lessee may, at its option, maintain with the Lender a commercial operating account. All Loan Advances made by the Lender and all Contribution Advances issued by the Lender on behalf of the Lessor may shall be made by depositing the amount thereof directly into such operating account.

Appears in 1 contract

Samples: Participation Agreement (STB Systems Inc)

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