Bank Proceeds Account definition

Bank Proceeds Account means the account referenced in Section 2.3.6 of the Disbursement Agreement and established pursuant to the Bank Company Collateral Account Agreement.

Bank Proceeds Account as defined in the Disbursement Agreement.

Bank Proceeds Account means account number 899573596 in the name of OpCo established at JPMorgan Chase Bank, N.A. or such account in replacement or substitution thereof.

Examples of Bank Proceeds Account in a sentence

• On or prior to the Closing Date, there shall be established at Deutsche Bank Trust Company Americas, as the Securities Intermediary, the Bank Proceeds Account pursuant to the Bank Company Collateral Account Agreement.

• The Disbursement Agent shall cause investment income from Permitted Investments in amounts on deposit in the Bank Proceeds Account to be deposited at all times therein until applied to the payment of Project Costs or in accordance with Sections 2.9(e) or 2.11, as applicable.

• Investment income from Permitted Investments in amounts on deposit in the Bank Proceeds Account shall be deposited at all times therein until applied to the payment of Project Costs or in accordance with Sections 2.9(e) or 2.11, as applicable.

• On or prior to the Closing Date, the Bank Proceeds Account shall be established at Deutsche Bank Trust Company Americas, as the Securities Intermediary.

• No later than the tenth Business Day following the date of receipt by the Borrowers of any proceeds from loans under the relevant FF&E Facility in respect of Specified FF&E for which the Lenders have made an FF&E Deposit Loan, the Borrowers will cause an amount of such proceeds equivalent to such FF&E Deposit Loan to be deposited into the Bank Proceeds Account.

More Definitions of Bank Proceeds Account

Bank Proceeds Account means the account established by the Borrower with the Disbursement Agent pursuant to the Borrower Collateral Account Agreement into which the proceeds of the Loans shall be deposited by the Administrative Agent from time to time.

Bank Proceeds Account has the meaning given in the Company Collateral Account Agreement.

Bank Proceeds Account shall have the meaning assigned to such term in the First Lien Security Documents.

Bank Proceeds Account. Interest Payment Account" and "Pre-Completion Revenues Account" are defined in the Disbursement Agreement.

Bank Proceeds Account securities account number 44139 owned by the Company with the name “Bank Proceeds Account” and held at Deutsche Bank Trust Company Americas.

Bank Proceeds Account means a deposit account of one or more of the Loan Parties at the Administrative Agent under the control of the Collateral Agent pursuant to a Bank Proceeds Account Control Agreement.

Bank Proceeds Account means Deposit Account number in the name of REG established at JPMorgan Chase Bank, N.A. or such other Deposit Account in replacement or substitution thereof.