Examples of Deposit Account Bank in a sentence

The Deposit Account Bank shall be fully entitled to rely on, and shall comply with, such instructions from the Collateral Agent even if such instructions are contrary to any instructions or demands that the Assignor may give to the Deposit Account Bank.
In case of any conflict between instructions received by the Deposit Account Bank from the Collateral Agent and the Assignor, the instructions from the Collateral Agent shall prevail.
The Assignor further confirms that the Deposit Account Bank shall have no liability to the Assignor for wrongful dishonor of such items in following such instructions from the Collateral Agent.
The rights and powers granted herein to the Collateral Agent have been granted in order to protect and further perfect its security interests in the Deposit Accounts and other Collateral and are powers coupled with an interest and will be affected neither by any purported revocation by the Assignor of this Agreement or the rights granted to the Collateral Agent hereunder or by the bankruptcy, insolvency, conservatorship or receivership of the Assignor or the Deposit Account Bank or by the lapse of time.
This Agreement shall have control over any conflicting agreement between the Deposit Account Bank and the Assignor.

More Definitions of Deposit Account Bank

Deposit Account Bank a financial institution selected by a Loan Party and reasonably satisfactory to the Administrative Agent.

Deposit Account Bank has the meaning specified in the Pledge and Security Agreement.

Deposit Account Bank means a financial institution selected or approved by Lender and with respect to which Grantor has delivered to Lender an executed Deposit Account Control Agreement.

Deposit Account Bank means a financial institution at which any Loan Party maintains a Deposit Account.

Deposit Account Bank has the meaning assigned to such term in Section 4.04(b).

Deposit Account Bank shall have the meaning set forth in the Mortgage Loan Agreement.