Collateral Advance Account Bank definition

Collateral Advance Account Bank has the meaning specified in Section 6.08(a).
Sample 1Sample 2
Collateral Advance Account Bank has the meaning specified in Section 2.19(a).
Sample 1Sample 2
Collateral Advance Account Bank. “Collateral Advance Account Direction”, “Excess Interest”, “Term-Out Bank”, “Term-Out Bank Collateral” and “Term-Out Bank Purchase Date” and the proviso at the end of the definition of “Commitment Termination Date”) shall be deleted and of no further force and effect and (d) the Agent Fee Agreement shall be terminated and of no further force and effect; provided, that all fees that have accrued thereunder to the Effective Date shall continue to be due and payable and shall be paid to the Program Agent on the Effective Date.
Sample 1

Examples of Collateral Advance Account Bank in a sentence

  • Except as expressly provided in this Agreement, Citibank agrees that it, in its capacity as Collateral Advance Account Bank, shall have no right of set off or banker’s lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account for any amount owed to it by any Bank, the Investor, any Agent, the Seller or any Originator.

  • At the time the Collateral Advance Account is established the Borrower shall cause the Collateral Advance Account Bank to agree in writing that it shall have no right of set-off or banker’s lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account for any amount owed to it by any Person.

  • Except as expressly provided in this Agreement, no Collateral Advance Account Bank shall have any right of set-off or banker’s lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account established with it for any amount owed to it by any Lender, any Agent or any Loan Party.

  • Except as expressly provided in this Agreement, the Disbursement Agent in its capacity as the initial Collateral Advance Account Bank hereby agrees (and any successor Collateral Advance Account Bank shall agree) that it shall have no right of set-off or banker's lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account for any amount owed to it by the Disbursement Agent, any Beneficiary, the Borrower, SPE I, Parent, any Originator or any of their Affiliates.

  • At the time the Collateral Advance Account is established the Borrower shall cause the Collateral Advance Account Bank to agree in writing that it shall have no right of set-off or banker's lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account for any amount owed to it by any Person, provided that the Collateral Advance Account Bank may retain rights of set-off for scheduled fees and routine expenses.

  • Except as expressly provided in this Agreement, Citibank agrees that it, in its capacity as Collateral Advance Account Bank, shall have no right of set off or banker's lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account for any amount owed to it by any Bank, the Investor, any Agent, the Seller or any Originator.

  • Except as expressly provided in this Agreement, Citibank, in its capacity as the Collateral Advance Account Bank, agrees that it shall have no right of set-off or banker’s lien against, and no right to otherwise deduct from, any funds held in the Collateral Advance Account for any amount owed to it by any Bank, any Investor, any Agent, the Seller or any Originator.

Related to Collateral Advance Account Bank

  • 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).

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

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

  • 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.

  • Deposit Account Bank means a financial institution at which a Deposit Account is maintained.

  • 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.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • 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.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • 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.

  • 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.]

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Concentration Account Agreement as defined in subsection 4.16(b).

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

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.