Casino Bank Accounts definition

Casino Bank Accounts means all of the bank accounts specified or contemplated in Section 5.10 of the Management Contract, including without limitation, the General Account, the Expense Account and the Contingency Reserve Fund.
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Casino Bank Accounts. The words "Casino Bank Accounts" means all of the bank accounts specified or contemplated in Section 5.10 of the Management Contract, all of which shall be maintained with the Cottonport Bank.
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Examples of Casino Bank Accounts in a sentence

  • The Cottonport Bank will notify Hibernia immediately in the event the account numbers for the Casino Bank Accounts change.

  • The Cottonport Bank hereby subordinates to the security interest granted herein to Hibernia any right of offset or any other security interest that the Cottonport Bank has, or may hereafter obtain, in and to the Casino Bank Accounts.

  • Further, the Cottonport Bank will notify Hibernia immediately upon the Cottonport Bank's receipt of a notice of a claim of a security interest asserted, or lien filed, by any Person in and to the Casino Bank Accounts.

  • The Entities, acting through the Management Committee, shall maintain the Casino Bank Accounts with the Cottonport Bank in accordance with the terms of the Management Contract.

  • As security for the payment and performance of all of the Obligations, each Entity hereby pledges to Hibernia, and grants to Hibernia a continuing security interest in, all of the right, title and interest of each Entity in and to the Collateral, whether now or hereafter owned, existing, arising or acquired, including without limitation, the Casino Bank Accounts and all funds currently or hereafter deposited therein or credited thereto.

  • Until such time as the Cottonport Bank has received such a Termination Certificate, the Cottonport Bank shall continue to transfer funds from the Casino Bank Accounts in accordance with the terms hereof and to otherwise comply with the provisions of this Agreement.

  • In the event that the Cottonport Bank fails to comply with its obligations hereunder, the Entities, at the request of Hibernia, shall move custody of the Casino Bank Accounts to another financial institution mutually acceptable to the Entities and Hibernia.

  • The Cottonport Bank shall make the transfers authorized in Sections 3.1 to the extent funds are credited to the Casino Bank Accounts.

  • The Cottonport Bank is hereby authorized and directed by the Entities to forward to Hibernia copies of the monthly statements regarding the Casino Bank Accounts concurrently with the distribution of such monthly statements of the Casino Bank Accounts to the Manager and/or the Tribe.

  • Cottonport Bank hereby warrants and represents to Hibernia that: (a) the Casino Bank Accounts exist and the accounts numbers specified herein with respect to the Casino Bank Accounts are correct; (b) the Tribe is the sole owner of the Casino Bank Accounts as reflected in the records of the Cottonport Bank; and (c) Cottonport Bank has not received notice from any third party, other than Hibernia, that any such third party has taken or claims a security interest in the Casino Bank Accounts.

Related to Casino Bank Accounts

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

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

  • 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.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

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

  • Collection Accounts As defined in Section 3.10(a).

  • Lockboxes has the meaning set forth in Section 2.7.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;