Borrower Account Collateral definition

Borrower Account Collateral shall have the meaning assigned to it in Section 7.01(c) of the Funding Agreement.
Borrower Account Collateral has the meaning set forth in Section 13.1.
Borrower Account Collateral has the meaning set forth in SECTION 9.1(c).

Examples of Borrower Account Collateral in a sentence

  • Pursuant to Section 2.5 of the Equity Funding Agreement, the Equity Contributor has granted to the Collateral Agent, for the benefit of the Secured Parties, a first priority security interest in and to the Equity Funding Account, including all amounts credited to or otherwise deposited in the Equity Funding Account (including Permitted Investments) (together with the Borrower Account Collateral, the “Account Collateral”), as security for the Secured Obligations.

  • With respect to any Borrower Account Collateral, the certificates, instruments or other Eligible Investments in which amounts credited to the accounts included in the Borrower Account Collateral are invested from time to time.

  • Effective upon Delivery of any Borrower Account Collateral in the form of Physical Property, book-entry securities or uncertificated securities, the Lender Collateral Agent shall be deemed to have represented that it has purchased such Borrower Account Collateral for value, in good faith and without actual notice of any adverse claim thereto.

  • Effective upon Delivery of any Borrower Account Collateral in the form of Physical Property, book-entry securities or uncertificated securities, the Collateral Agent shall be deemed to have represented that it has purchased such Borrower Account Collateral for value, in good faith and without notice of any adverse claim thereto.


More Definitions of Borrower Account Collateral

Borrower Account Collateral. As defined in Section 8.1(c).
Borrower Account Collateral has the meaning set forth in Section 3(c) of the Security Agreement.
Borrower Account Collateral has the meaning set forth in Section 3.
Borrower Account Collateral has the meaning set forth in Section 5.01(c).

Related to Borrower Account Collateral

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.