Common use of Operations of the Collateral Accounts Clause in Contracts

Operations of the Collateral Accounts. The Collateral Accounts shall be operated, and all Investments shall be acquired and registered or held (as applicable), in accordance with the terms of this Agreement and the directions of Secured Party.

Appears in 4 contracts

Samples: Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (Wynn Las Vegas LLC), Master Disbursement Agreement (Wynn Resorts LTD)

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Operations of the Collateral Accounts. The Collateral Accounts shall be operated, and all Investments shall be acquired and registered or held (as applicable), in accordance with the terms of this Agreement and the directions of Secured PartyAgreement.

Appears in 3 contracts

Samples: Completion Guaranty Third Party Account Agreement (Grand Canal Shops Mall Construction LLC), Completion Guaranty Collateral Account Agreement (Grand Canal Shops Mall Construction LLC), Senior Secured Revolving Credit Agreement (Prime Hospitality Corp)

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