Examples of Borrower Accounts in a sentence
The Borrower does not own or hold, directly or indirectly, any capital stock or equity security of, or any equity interest in, any Person, other than the Permitted Investments in the Borrower Accounts and interests in current or former Obligors as a result of any Warrant Assets giving rise to Portfolio Investments.
All proceeds of the sale or other disposition of any Collateral, shall be deposited directly into Borrower Accounts.
Borrower shall pay for all expenses of opening and maintaining all of the above Accounts and all of the Borrower Accounts.
Borrower shall open and shall at all times maintain the Borrower Accounts with MUFG.
All correspondence received by the Servicer relating to individual Borrower Accounts shall be maintained by the Servicer as required under this Agreement and shall be made available to FMC during Servicer’s normal business hours.