Clearing Account Agreement definition

Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.
Clearing Account Agreement means that certain Deposit Account Control Agreement dated the date hereof by and among Borrower, Lender and Clearing Bank.
Clearing Account Agreement means the agreement between Citibank and the relevant Settlement Bank relating to the provision of Services for Settlement as defined in the CTS Bye-Laws (Non-SGD Clearing);

Examples of Clearing Account Agreement in a sentence

  • Within five (5) Business Days following the date of this Agreement, Borrower shall deliver to Lender the Clearing Account Agreement executed by Bank of America, N.A. and otherwise in the same form as approved by Lender prior to the of this Agreement.

  • Borrower shall cause all Rents to be transmitted directly by Tenants of the Property into a trust account (the “Clearing Account”) established and maintained by Borrower at Clearing Bank as more fully described in the Clearing Account Agreement.


More Definitions of Clearing Account Agreement

Clearing Account Agreement. As defined in the Mortgage Loan Agreement.
Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.
Clearing Account Agreement shall have the meaning set forth in Section 2.7.1 hereof.
Clearing Account Agreement. 1.1 (Definition of Loan Documents) “Clearing Bank” - 3.1 “Condemnation” - 7.3.1
Clearing Account Agreement means that certain Clearing AccountDeposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.
Clearing Account Agreement means that certain Deposit Account Control Agreement by and among Borrower, Lender and KeyBank, National Association, dated as of the date hereof, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time in accordance with the terms hereof.
Clearing Account Agreement means that certain Deposit Account Control Agreement, dated as of the date hereof, among Lender, Borrower, Manager and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.