Borrower’s Account definition

Borrower’s Account shall have the meaning set forth in Section 2.8.
Borrower’s Account means a demand deposit account number 3750656390 or any successor account with the Administrative Agent, which may be maintained at one or more offices of the Administrative Agent or an agent of the Administrative Agent.

Examples of Borrower’s Account in a sentence

  • The Borrower does hereby separately covenant that if for any reason RD fails to provide the Permanent Financing by accepting delivery thereof on or before the Maturity Date, the Borrower shall continue to pay interest on the Loan at the rate set forth in Section 3.2 from amounts in its Borrower’s Account or its own funds, as determined by the Agency, and if RD has not purchased the Permanent Financing by the Maturity Date, the Borrower shall pay the Loan in full on such date.

  • The Agency does not make any warranty, either express or implied, that the moneys that will be paid into the Borrower’s Account, under the provisions of this Loan Agreement, will be sufficient to pay all of the cost of the Project.

  • The proceeds of the Loan shall be deposited in a Borrower’s Account established for the Borrower with the Trustee.


More Definitions of Borrower’s Account

Borrower’s Account means the account of the Borrower maintained by the Borrower with U.S. Bank, N.A., 700 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, XX 00000, ABA No. 000000000, Account No. 182380523155 or such other account as the Borrower shall specify in writing to the Administrative Agent.
Borrower’s Account means the account of the Borrower maintained by the Borrower with Citibank, N.A. at its office at 000 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, ABA No. 000000000, Account No. 4991074200 or such other account as the Borrower shall specify in writing to the Administrative Agent.
Borrower’s Account means (i) the Borrower’s bank account, described on Schedule I attached hereto, for the account of the Borrower or (ii) such other account as may be designated by the Borrower from time to time by at least ten (10) Business Days’ prior written notice to the Administrative Agent and the Lenders, so long as such other account is acceptable to the Administrative Agent in its sole and absolute discretion.
Borrower’s Account means a demand deposit account with the Agent, which may be maintained at one or more offices of the Agent or an agent of the Agent.
Borrower’s Account means one or more current accounts maintained by the Borrower at a branch of the Agent or such other account as may be agreed to by the Agent and the Borrower.
Borrower’s Account means the account specified on the signature pages hereof below Borrower’s name into which Loans shall, absent other instructions, be made, or such other account as Borrower may specify by notice to Administrative Agent.
Borrower’s Account means an account for the Borrower designated by the Borrower and maintained for the Borrower at the Branch of Account, pursuant to an account operating agreement between the Borrower and BNS.