Agent Account definition

Agent Account means such account of the Administrative Agent as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

Agent Account means an account in the name of the Agent designated to the Borrower from time to time into which the Borrower shall make all payments to the Agent for the account of the Agent or the Lenders, as the case may be, under this Agreement.

Examples of Agent Account in a sentence

• Any and all money received and held by the Paying Agent under this Agreement or the Deposit Agreement shall be held in the Paying Agent Account for the benefit of the Investors.

• It is expressly understood by the parties hereto that the Paying Agent is acting as the paying agent of the Escrow Agent hereunder and that no amounts on deposit in the Paying Agent Account constitute part of the Trust Property.

• This Escrow Receipt represents a fractional undivided interest in amounts deposited from time to time in the Paying Agent Account, and grants or represents no rights, benefits or interests of any kind in respect of any assets or property other than such amounts.

• No Receiptholder shall have any right to vote or in any manner otherwise control the operation and management of the Paying Agent Account or the obligations of the parties hereto, nor shall anything set forth herein, or contained in the terms of the Escrow Receipt, be construed so as to constitute the Receiptholders from time to time as partners or members of an association.

• All payments and distributions made to Receiptholders in respect of the Escrow Receipt shall be made only from Account Amounts deposited in the Paying Agent Account.

More Definitions of Agent Account

Agent Account means account number 00000000 with the Depositary in the name of the Administrative Agent.

Agent Account has the meaning set forth in Section 2.7.

Agent Account means an account at an Approved Depository or a Foreign Approved Depository located in Canada, in each case for the storage of Precious Metals, which account is either: (i) in the name of the Administrative Agent on behalf of the Secured Parties, or (ii) in the name of the Borrower and subject to a Depository Agreement, provided that in respect of each Foreign Approved Depository located in Canada, the Foreign Collateral Lien Procedures shall have been satisfied.

Agent Account means the deposit account from time to time designated by the Agent to the Purchasers as the “Agent Account.”

Agent Account means the account of the Agent set forth in Schedule A hereto.

Agent Account shall have the meaning provided in Section 5.03(d).

Agent Account means an account which is created and maintained on the books and records of the Equityholder or any of its Affiliates (other than the Borrower) and into which the Obligor of an MSD Agented Loan is directed to remit all payments relating to the applicable Underlying Instruments.