Concentration Account definition
Concentration Account has the meaning provided in Section 6.13(c).
Concentration Account has the meaning ascribed to it in Annex C.
Concentration Account has the meaning set forth in Section 2.3.
Examples of Concentration Account in a sentence
Each Loan Party agrees that it will not cause any proceeds of any Blocked Account relating to any Concentration Account to be otherwise redirected.
At all times, the Loan Parties shall maintain all of their cash and Cash Equivalents in (i) Blocked Accounts, (ii) DDAs, (iii) Excluded Accounts or (iv) securities accounts subject to the control of the Administrative Agent, and at any time a Cash Dominion Period exists and is continuing, amounts shall be swept from the Blocked Accounts relating to any Concentration Account to the Administrative Agent Account as provided herein, except for Required Minimum Balances.
For purposes of this Section 6.18, a Specified DDA or Concentration Account shall include any related reinvestment account.
More Definitions of Concentration Account
Concentration Account. Is defined in Section 7-3.
Concentration Account shall have the meaning provided in Section 5.03(c).
Concentration Account shall have the meaning given such term in Section 2.5.
Concentration Account has the meaning specified in Section 4.04(b).
Concentration Account has the meaning specified in Section 8.23(c).
Concentration Account shall have the meaning provided in Section 9.15(a).
Concentration Account shall have the meaning assigned to such term in Section 9.01(e)(i).