Company Funds Account definition

Company Funds Account means account number 899573604 in the name of OpCo established at JPMorgan Chase Bank, N.A. or such account in replacement or substitution thereof.
Sample 1Sample 2Sample 3
Company Funds Account means the “Building Loan Company Funds Account” (as defined in the Building Loan Disbursement Agreement) and/or the “Project Company Funds Account” (as defined in the Project Disbursement Agreement), as applicable.
Sample 1Sample 2
Company Funds Account. “or increases in the amount of Available Construction Funds”.
Sample 1

Examples of Company Funds Account in a sentence

  • Investment income from amounts on deposit in the Company Funds Account or the Construction Disbursement Account shall be held in such account and applied for the purposes applicable to such account pursuant to this Agreement.

  • Assets maintained in the Company Funds Account and the Construction Disbursement Account are owned beneficially by the Borrower and/or OpCo, subject to the terms and conditions of this Agreement and the Account Control Agreements.

  • Hεn (t) ≤ t ,VarWtr QnK2 Kn − IN, " #uu σ HHH 3HXW H+5,VarWtr Q QnK2 K√Kn .

  • All funds required pursuant to the Revolving Credit Agreement will be deposited into the Company Funds Account in the amounts and at the times set forth in the Revolving Credit Agreement to be used to fund the Project Completion Costs subject to and in accordance with this Agreement.

  • Upon the request of the Borrower (unless an Event of Default has occurred and is continuing) the Disbursement Agent shall instruct the securities intermediary or account bank to transfer such fees and any other amounts scheduled to be paid under the Agency Fee Letter from the Company Funds Account directly to the Administrative Agents.

  • Upon the request of the Borrower (unless an Event of Default has occurred and is continuing) the Disbursement Agent shall instruct the securities intermediary or account bank to transfer such fees and any other amounts scheduled to be paid under the Agency Fee Letter from the Company Funds Account directly to the Disbursement Agent.

  • The Disbursement Agent shall be permitted to withdraw amounts on deposit in the Company Funds Account in accordance with the applicable Disbursement Request under which such amounts are to be transferred to the Construction Disbursement Account and Section 4.3. 2.2.3 Reserved.

  • Except for the payments described in Section 3.3 and subject to Section 4.1.3, the Disbursement Agent shall disburse or cause to be disbursed funds from the Company Funds Account in accordance with the Borrower’s Disbursement Requests after approval thereof in accordance with the terms hereof and only upon satisfaction (or waiver by the Administrative Agents) of the applicable conditions to disbursement set forth herein.

  • The Disbursement Agent shall cause investment income from amounts on deposit in the Bank Proceeds Account, the Interest Reserve Account and the Mezz Proceeds Account to be deposited in the Company Funds Account on the 10th day of each month (or if such 10th day is not a Business Day, the next succeeding Business Day) until applied to the payment of Project Costs as described above.

  • Management of the Company Funds Account, the Bank Proceeds Account, the Mezz Proceeds Account, the Interest Reserve Account, the Construction Disbursement Account, the Construction Management Account shall, in each case, be in accordance with the provisions hereof; provided that disbursements from the Interest Reserve Account shall be subject to Section 4.3 and disbursements from the Securities Accounts shall be subject to Section 4.1.


More Definitions of Company Funds Account

Company Funds Account means Deposit Account number in the name of REG established at JPMorgan Chase Bank, N.A. or such other Deposit Account in replacement or substitution thereof.
Sample 1

Related to Company Funds Account

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Agent Account means such account of the Administrative Agent as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • 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.

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

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

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

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Investment Account As defined in Section 3.12(a).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

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

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

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

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Note Account As defined in the Indenture.