Borrower Accounts definition

Borrower Accounts shall have the meaning assigned to it in Annex C.

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Borrower Accounts has the meaning set forth in Section 8.1(c).

Borrower Accounts means, collectively, the Collection Account and the Custodial Account.

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.

• The Servicer shall also be entitled pursuant to, and to the extent provided in, Sections 3.06(iv) and 3.07(b) to withdraw from the Collection Account and to receive from any Borrower Accounts (to the extent not payable to the related Borrower under the Mortgage Loan or applicable law), the Distribution Account, Upper-Tier Distribution Account, Default Interest Distribution Account, and the Excess Interest Distribution Account, any interest or other income earned on deposits therein.

• The Collateral Agent shall segregate and hold all such money and property received by it in the Borrower Accounts in trust for the Secured Parties and shall apply it as provided in this Agreement.

More Definitions of Borrower Accounts

Borrower Accounts means the Interest Collection Account, the Payment Account, the Collateral Account, the Principal Collection Account and the Margin Account.

Borrower Accounts means collectively the Property Accounts, the Clearing Accounts and the Disbursement Accounts.

Borrower Accounts means all bank accounts of the Borrower, other than the Employee Personal Guarantee Accounts.

Borrower Accounts has the meaning ascribed to it in Annex C. ----------------- -------

Borrower Accounts means, collectively, any and all bank and other deposit accounts owned, established, held or maintained by or on behalf of Borrower and relating to the operation or management of the Property or any portion thereof, including (without limitation) the Collection Accounts, the Borrower Disbursement Account and any bank and other deposit accounts of any Manager or any other Person, held on behalf of or for the benefit of Borrower, each of the foregoing existing on the date hereof being identified on Schedule V, as such accounts may be transferred, replaced, supplemented or modified from time to time in accordance with the terms hereof.

Borrower Accounts means the Borrower Collateral Account, the Borrower Collection Account, the Borrower Interest Collection Account, the Borrower Delayed Drawdown Account, the Borrower Prepayment Reserve Account, the Borrower Principal Collection Account, the Borrower Trust Account and the OC Ratio Posting Account.

Borrower Accounts means, collectively, the Legacy Collection Account, the Borrower Collection Account, and the Custodial Account, and all other Deposit Accounts of Borrower, if any, maintained with MUFG.