Concentration Account Agreements definition

Concentration Account Agreements means each concentration account agreement executed and delivered pursuant to the Existing Credit Agreement, until such time as same are replaced by concentration account agreements in the form of Exhibit M-3 hereto, and any concentration account agreement at any time entered into in the form of Exhibit M-3 hereto.
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Concentration Account Agreements means those certain Concentration Account Operating Procedural Agreements and those certain Depository Account Agreements, in form and substance satisfactory to Foothill, each of which is among Borrower, Foothill, and one of the Concentration Account Banks.
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Concentration Account Agreements has the meaning ascribed to such term in Section 12.01(a).
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Examples of Concentration Account Agreements in a sentence

  • This Agreement, together with the Concentration Account Agreement and the Intermediate Concentration Account Agreements, is effective to, and does, transfer to the Agent, for the benefit of the Investors, all right, title and interest of the Transferor in and to the Concentration Account and each Intermediate Concentration Account.

  • At the close of business on each Business Day, the Borrower shall, and shall cause each of its Subsidiaries to, transfer, or cause to be transferred, all funds on deposit in all Deposit Accounts aggregating in excess of $1,500,000 to a Concentration Account of the Borrower or such Subsidiary in accordance with the terms of the Concentration Account Agreements.

  • Borrower has informed the Lender Group that the Borrower has failed to obtain, within the time period set forth therein, such Concentration Account Agreements, Agency Account Agreements, and Control Agreements with respect to the Deposit Accounts and securities accounts of Borrower and the Guarantors as Administrative Agent shall reasonably require pursuant to Section 8.20 of the Credit Agreement (the “Designated Event of Default”).

  • Within thirty (30) days of the date of payment in full of the Drawbridge Debt in accordance with the terms of the pay-off letter therefor delivered to the Administrative Agent pursuant to Section 5.01(a)(i) (the "Drawbridge Termination Date"), the Borrowers shall deliver to the Administrative Agent the Concentration Account Agreements, in each case, duly executed by Avado and the Concentration Account Bank.

  • For avoidance of doubt, the Lenders hereby waive ------------------- compliance by the Loan Parties with the provisions of Section 9.01(a) of the Financing Agreement on a retroactive basis to the extent that such section would require delivery of Cash Management Agreements and Concentration Account Agreements on or prior to the Facility Effective Date.

  • Agent shall have received duly executed Concentration Account Agreements with financial institutions acceptable to Agent for the collection or servicing of the Receivables and proceeds of the Collateral.

  • They shall be appointed by name to carry all the articles with which they are entrusted.

  • On the Closing Date, all Lockbox Agreements, Blocked Account Agreements and Concentration Account Agreements previously entered into with respect to the Existing Credit Agreement (and which remain in effect on the Closing Date) shall be modified so that same are in the forms of Exhibits M-0, X-0 xxx X-0, respectively, hereto.

  • On the Restatement Effective Date, the Agents shall have received fully executed copies of the Collection Bank Agreements, the Concentration Account Agreements, the Fleet Collection Bank Agreement and the Fleet Collection Account Acknowledgment, each of which shall be in full force and effect.

  • Within 30 days after the Closing Date, Borrower shall have obtained such Concentration Account Agreements, Agency Account Agreements and Control Agreements with respect to the Deposit Accounts and securities accounts of Borrower and the Guarantors as Administrative Agent shall reasonably require.


More Definitions of Concentration Account Agreements

Concentration Account Agreements means, collectively, those certain Concentration Account Agreements, dated as of the Closing Date, among the Borrower or a Domestic Subsidiary, the Agent and the bank at which each Concentration Account is located, with respect to each Concentration Account of the Borrower or such Domestic Subsidiary and all other Concentration Account Agreements hereafter executed, in each case as amended, restated, supplemented or otherwise modified from time to time.
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Concentration Account Agreements shall have the meaning assigned to it in ANNEX C.
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Concentration Account Agreements means those certain Concentration Account Agreement, in form and substance satisfactory to Lender, each of which are among Borrower, Lender, and one of the Concentration Accounts Banks.
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Concentration Account Agreements as defined in Section 6.11(c).
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Related to Concentration Account Agreements

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

  • 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.

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

  • 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.

  • Account Agreement means the agreements for the operation of the Account.

  • 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).

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(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.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

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

  • 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.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Spread Account Agreement means the Spread Account Agreement dated as of December 1, 1994, as amended and restated as of May 11, 1998 among the Insurer, the Seller and the Collateral Agent, as the same may be modified, supplemented or otherwise amended in accordance with the terms thereof.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

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

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

  • Deposit Account Control Agreements means the deposit account control agreements or blocked account agreements in a form that is reasonably satisfactory to the Agent to be executed by each institution maintaining a deposit account or securities account for any of the Credit Parties, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations to the extent required by Section 4.14(g) or any other provision of this Agreement or any Other Document.

  • 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.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Deposit Account Control Agreement means an agreement, in form and substance reasonably satisfactory to the Administrative Agent, among any Loan Party, a banking institution holding such Loan Party’s funds, and the Administrative Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by such Loan Party with such banking institution.

  • 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.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.