Revenue Accounts Sample Clauses

Revenue Accounts. Each Obligor shall ensure that, at all times:
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Revenue Accounts. (a) MCE shall procure that all Gross Revenues received by it (or to its order) are paid directly to the Dollar Revenue Account unless they are actually received in French Francs/Euros, in which case 44 MCE shall procure that they are paid directly to the Franc Revenue Account.
Sample 1
Revenue Accounts. 11/00000000 62
Sample 1
Revenue Accounts. 20.3.1 Each Borrowing Base Obligor shall maintain an account (an "English Revenue Account") with the English Account Bank and each Egyptian Borrowing Base Obligor shall in addition maintain an account (an "Egyptian Revenue Account") with the Egyptian Account Bank.
Sample 1
Revenue Accounts. The Project Manager shall, on behalf of each Project Company, (i) cause the deposit of all Gross Revenues received by such Project Company which are attributable to such Project Company’s Project(s) in a designated Revenue Account and (ii) transfer to a designated Revenue Account all Gross Revenues received by the Project Manager within five (5) Business days of identification thereof.
Sample 1
Revenue Accounts. All payments due in respect of services rendered and products provided by or on behalf of the Professional Company, and any other amounts payable to the Professional Company, will be directed to the Revenue Accounts. The Professional Company will enter into an agreement with a financial institution chosen by the Parties to (i) establish and service the Revenue Accounts subject to the requirements of this Agreement (including the power of attorney granted under Section 2.2) and (ii) sweep all funds from the Revenue Accounts into the Operating Accounts on a daily basis. Except in accordance with Section 5.2(b), any modification or revocation of such authorization and instructions by the Professional Company without the Management Company’s prior written consent will be in material breach of this Agreement. Except to the extent prohibited by applicable Law, the Professional Company, the Management Company, and the financial institution maintaining the Revenue Accounts will also enter into a deposit account control agreement pursuant to which such financial institution agrees to follow the Management Company’s instructions with respect to the Revenue Accounts without requiring the Professional Company’s further consent.
Sample 1
Revenue Accounts. All revenues and other cash received in respect of the operation of the Projects, other than the proceeds of the Loan, proceeds from a Disposition and amounts to be deposited in the Loss Proceeds Account or the Real Estate Tax Account, shall be deposited into one or more Revenue Accounts.
Sample 1
AutoNDA by SimpleDocs

Related to Revenue Accounts

  • Operating Accounts (a) Maintain all of Borrower’s and its Subsidiaries’ Collateral Accounts in accounts which are subject to a Control Agreement in favor of Collateral Agent.

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Deposits to Lock-Box Accounts Deposit or otherwise credit, or cause or permit to be so deposited or credited, to any Lock-Box Account cash or cash proceeds other than Collections of Pool Receivables.

  • Lock-Box Accounts, Escrow Accounts Except with respect to the Outside Serviced Mortgage Loans, the Master Servicer shall administer each Lock-Box Account and Escrow Account in accordance with the related Mortgage or Loan Agreement or Lock-Box Agreement, if any, and administer any letters of credit pursuant to the related letter of credit agreement and the Loan Documents. Notwithstanding the foregoing, to the extent that any cash amounts are held in an Escrow Account or other cash collateral account and the mortgagee under the related Loan Documents is permitted, but not required, to apply such amounts to prepay the related Mortgage Loan (or Serviced Loan Combination), neither the Master Servicer nor the Special Servicer shall apply such amounts to prepay the Mortgage Loan (or Serviced Loan Combination) until after the occurrence of an event of default under the Mortgage Loan that may result in the Mortgage Loan (or Serviced Loan Combination) being accelerated or becoming a Specially Serviced Loan.

  • Collateral Accounts Evidence that the Collateral Accounts have been established;

  • Reserve Accounts All reserves, escrows and deposit accounts required under the Loan Documents and all cash, checks, drafts, certificates, securities, investment property, financial assets, instruments and other property held therein from time to time and all proceeds, products, distributions or dividends or substitutions thereon and thereof;

  • Deposits to Special Accounts Except as otherwise provided in the Lock-Box Agreement, the Seller will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any Lock-Box Account cash or cash proceeds other than Collections in respect of the Collateral.

  • Lock-Box Accounts The names and addresses of all of the Lock-Box Banks, together with the account numbers of the Lock-Box Accounts at such Lock-Box Banks, are specified in Schedule 6.1(n).

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Management Accounts The Management Accounts:

Time is Money Join Law Insider Premium to draft better contracts faster.