BRC Account definition
BRC Account shall have the meaning assigned to it in the Program Agreement.
BRC Account means the legal relationship established by and between an Accountholder and Bank pursuant to an Accountholder Agreement and with respect to which Bank agrees to extend revolving credit under the BRC Program, on the BRC Terms, and the Accountholder agrees to repay such credit, together with all Indebtedness owing thereunder from time to time and any current or future guaranties, security or other credit support therefor.