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.

  • 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 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 (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.

  • 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.


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 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 as defined in the Custodian Agreement, and any successor or replacement for any such account.
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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

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

  • 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).

  • Facility LC Collateral Account is defined in Section 2.20.11.

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

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

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • 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).

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • 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.

  • Class A Cash Collateral Account means an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it shall so qualify, into which all amounts drawn under the Class A Liquidity Facility pursuant to Section 3.5(c), 3.5(d), 3.5(i) or 3.5(m) shall be deposited.

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

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

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

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan 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.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Facility Account means the account numbered 0000000 maintained by Seller in the name of “PDC Funding Company, LLC” at JPMorgan, together with any successor account or sub-account.