Administrative Account definition

Administrative Account means the account opened with the Administrative Agent in the name of the Initial Lender as notified to the Borrower and the Initial Lender, or such other account as the Administrative Agent shall advise the Borrower and each Lender from time to time.
Administrative Account has the meaning assigned to it in Section 3.01(c).
Administrative Account means the judicial retire- ment administrative account.

Examples of Administrative Account in a sentence

  • Except as otherwise expressly provided herein, all such payments shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, to the Administrative Account in immediately available funds not later than 12:00 noon (New York City time) on the date specified herein.

  • Each Lender shall make the amount of each Borrowing to be made by it hereunder available to the Administrative Agent by wire transfer of immediately available funds to the Administrative Account not later than 12:00 noon (New York City time) on the proposed date thereof.

  • In the event that any of the Collection Account, any Management Account or any Collection Account Administrative Account becomes an Ineligible Account, the Manager shall, promptly following the establishment of such related new Eligible Account, notify each Franchisee of a change in payment instructions, if any.

  • All income or other gain from such Eligible Investments shall be credited to the related Collection Account Administrative Account, and any loss resulting from such investments shall be charged to the related Collection Account Administrative Account.

  • Service Contact – Service problems should be directed to the Administrative Account Manager.


More Definitions of Administrative Account

Administrative Account means an account established in accordance with Section 8.3(a)(ii) below.
Administrative Account means the account which may receive up to four percent (4%) of the federal capitalization funds, loan administration and loan application fees which are used to reimburse costs incurred by state agencies in the administration of the program, including but not limited to costs of servicing loans and issuing debt, program start-up costs, financial, management, and legal consulting fees, and costs for support services by state agencies;
Administrative Account means security access codes, passwords and user IDs for Customer's authorized internal personnel to access the CrowdEngine Technology and Subscription Services for the purpose of configuring and administering the Customer Portal.
Administrative Account means the interest bearing trust account with one of the Canadian Schedule 1 banks under the control of the Claims Administrator.
Administrative Account means any user account, that has full privileges and unrestricted access to any one or more of the following systems:
Administrative Account means the Washington saves administrative treasury trust account created in RCW 19.05.110.
Administrative Account means the account of the Administrative Agent, currently established in New York, at JPMorgan Chase Bank N.A., Swift Code: XXXXXXXX, ABA: 000000000, Account No.: 304641898, Account Name: Itaú Unibanco S.A. - Nassau Branch or such other account as may be designated by the Administrative Agent to the Borrower from time to time in writing.