Borrower Collateral Accounts definition

Borrower Collateral Accounts means the Accounts (as defined in the Depositary Agreement) and such other accounts of the Borrower as required from time to time and approved by Administrative Agent and otherwise subject to the Depositary Agreement.
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Borrower Collateral Accounts means the Master TALF Collateral Account and any other account in the name of Lender established and maintained at Custodian (and as to which the Lender is the entitlement holder) in accordance with the Collateral Custody and Administration Agreement in which Collateral may be deposited, or caused to be deposited and pledged to Lender, and any sub-accounts thereunder. Business Day means a day other than a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to close. Class, when used with respect to any Eligible Collateral, means the class of Collateral to which such Eligible Collateral belongs, as set forth in the TALF Standing Loan Facility Procedures.
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Borrower Collateral Accounts means, where the context requires, all Borrower Collateral Accounts, collectively.
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Examples of Borrower Collateral Accounts in a sentence

  • Establish or maintain any bank accounts other than the Borrower Collateral Accounts.

  • No Borrower will open or close any Deposit Account without the written consent of the Administrative Agent (except that Borrowers will open the Borrower Collateral Accounts).

  • Each Borrower shall and shall cause each Related Borrower Subsidiary to maintain, or cause to be maintained, in full force and effect the Borrower Collateral Accounts subject to the Depositary Agreement.

  • Each Borrower shall, and shall cause each Related Borrower Subsidiary to, promptly remit any amounts received by it or received by third parties on its behalf to Collateral Agent for deposit in the Borrower Collateral Accounts in accordance with the terms of the Depositary Agreement.

  • Administrative Agent shall have received an irrevocable payment instruction executed by the Underlying Depositary regarding each Approved Financing directing that payments to be made from any Underlying Borrower to any to each applicable Borrower Subsidiary be made directly into the Borrower Collateral Accounts.

  • Each Borrower shall promptly remit any amounts received by it or received by third parties on its behalf to Collateral Agent for deposit in the Borrower Collateral Accounts in accordance with the terms of the Depositary Agreement.

  • No Borrower will open or close any Deposit Account without the written consent of the Administrative Agent (except that Borrowers will open Borrower Collateral Accounts).

  • Each Borrower shall maintain, or cause to be maintained, in full force and effect Borrower Collateral Accounts subject to the Depositary Agreement.

  • Borrower shall instruct each Person remitting cash to or for the account of Borrowers to deposit such cash directly into the Borrower Collateral Accounts for application in accordance with the terms of the Depositary Agreement and each Borrower shall promptly deposit all proceeds received from an equity contribution as well as all Revenues (as defined in the Depositary Agreement) into the Borrower Collateral Accounts.

  • Administrative Agent shall have received an irrevocable payment instruction (which may be satisfied by the Paying Agency Agreement) executed by the Underlying Depositary regarding each Approved Financing directing that payments to be made from any Underlying Obligor or Underlying Borrower to any to each applicable Borrower Subsidiary be made directly into the Borrower Collateral Accounts.


More Definitions of Borrower Collateral Accounts

Borrower Collateral Accounts as defined in the Custody and Administration Agreement.
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Borrower Collateral Accounts means the Accounts (as defined in the Depositary Agreement) and such other accounts of Borrower as required from time to time and approved by Administrative Agent and otherwise subject to the Depositary Agreement.
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Borrower Collateral Accounts and “Investment Account” shall have the meanings assigned to such terms in the Custodian Agreement. Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in the Security Agreement or in that certain Credit Agreement, dated as of May 26, 2020 (the “Credit Agreement”), between Party B, as borrower, and Party A, as lender.
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Borrower Collateral Accounts as defined in the Custodian Agreement, and any successor or replacement for any such account.
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Borrower Collateral Accounts means the Master TALF Collateral Account and any other accounts in the name of Company established and maintained at Custodian (and as to which Company is the entitlement holder) in which Borrower Collateral shall be deposited, or caused to be deposited, by Borrowers and pledged to Company, and any sub-accounts thereunder.
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Borrower Collateral Accounts means, where the context requires, all Borrower Collateral Accounts, collectively. “Borrower Collateral Account Pledge” means the pledge of a Borrower Collateral Account, in the form of Exhibit D hereto, made by a Borrower in favor of the Administrative Agent, pursuant to which such Borrower has granted to the Administrative Agent for the benefit of the Secured Parties, a first priority, exclusive Lien in and to a Borrower Collateral Account, as the same may be amended, restated, supplemented or otherwise modified from time to time. 5 55297837 Other Concentration Limits6 Non-Rated Included Investors 10.0% - 25.0%3 Corporate Designated Investors87 5.0%3 Foreign Sovereign Designated Investors 5.0%3 Fund-of-Funds Designated Investors 3.0%3 HNW Designated Investors and HNW 1.0% - 10.0%3, 5 Aggregation Investors Aggregate Foreign Sovereign Designated 20.0%3, 4 Investors Aggregate Fund-of-Funds Designated 15.0%3, 4 Investors Aggregate HNW Designated Investors 20.010.0%3, 4, 5, 75 and HNW Aggregation Investors Aggregate Designated Investors 50.0%4 Fresno County Retirement Plan 100.0%7 1 The Ratings for such Investor shall be the lower of any senior unsecured rating of such Investor as issued by either S&P or Xxxxx’x. If such Investor has only one rating from either S&P or Xxxxx’x, that rating shall apply. 2 For any Investor that is an unrated subsidiary of a rated parent, acceptable Credit Link Documents from the Rated parent entity will be required in order to apply the Concentration Limit based on the Ratings of the parent. 3 The Concentration Limits for each individual Investor classification shall be calculations as a percentage of the aggregate Uncalled Capital Commitments of all Borrowing Base Investors. The Concentration Limit for Fresno County Retirement Plan shall be 25.0%. 4 The aggregate Concentration Limits for Investor classifications shall be calculations (after deducting any amounts in excess of the applicable individual Investor Concentration Limits) as a percentage of the aggregate Uncalled Capital Commitments of all Borrowing Base Investors, such method as set forth in the borrowing base certificate delivered on the closing date. 5 The Concentration Limits for any HNW Designated Investor may be increased up to 10% in the Administrative Agent’s sole discretion. The Concentration Limits for any HNW Aggregation Investor may be increased up to or above 10% in the Administrative Agent’s sole discretion. 6 The Concentration Limit for any particular In...
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Related to Borrower Collateral Accounts

  • 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.

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

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • 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.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Credit Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.