Depositary Accounts definition

Depositary Accounts shall have the meaning assigned to the term “Accounts” in the Depositary Agreement.

Depositary Accounts shall have the meaning assigned to such term in Section 2.2.

Depositary Accounts has the meaning set forth in the CADA.

Examples of Depositary Accounts in a sentence

• The Depositary Accounts shall have been established with the Depositary Agent.

• The Seller hereby transfers to the Administrative Agent, effective when the Administrative Agent delivers such Lock-Box Notices, such Depositary Notices or such Concentration Notices, as the case may be, the exclusive ownership and control of such Lock-Box Accounts, such Depositary Accounts or such Concentration Accounts.

• It will instruct all Obligors to remit all their payments in respect of Receivables to Lockbox Accounts or Depositary Accounts (either by check mailed to a Lockbox maintained by the relevant Depositary Bank or directly by wire transfer or electronic funds transfer to a Depositary Account), except for those Obligors who pay by credit card or who, in the normal course of such Originator’s business and consistent with such Originator’s past practices, pay directly to such Originator.

• No Loan Party shall establish or maintain any deposit, securities, commodities, or similar accounts other than (a) the Depositary Accounts, (b) the Local Accounts, and (c) one or more Excluded Commodity Accounts.

• No Obligor Party shall establish or maintain any deposit, securities, commodities, or similar accounts other than (a) the Depositary Accounts, (b) the Local Accounts, (c) one or more Cash Collateral Accounts and (d) one or more Excluded Commodity Accounts.

More Definitions of Depositary Accounts

Depositary Accounts has the meaning ascribed to such term in Section 3.2(d).

Depositary Accounts is defined in the Depositary Agreement.

Depositary Accounts means (A) account number, with account name “GSRP PORTFOLIO II LLC PRJ REVENUE”; (B) account number, with account name “GSRP PORTFOLIO II LLC PRJ DSR ACCT”; (C) account number, with account name “GSRP PORTFOLIO II LLC PRJ DIST RES”; (D) account number, with account name “GSRP PORTFOLIO II LLC PRJ MAND PREP”; (E) account number, with account name “GSRP PORTFOLIO II LLC PRJ LC REIMB”; (F) account number, with account name “GSRP PORTFOLIO II LLC PRJ SUPP RES”; (G) account number, with account name “GSRP PORTFOLIO II LLC PRJ HD RES AC”; (H) account number, with account name “GSRP PORTFOLIO II LLC PRJ BUY RES”; and (I) account number, with account name “GSRP PORTFOLIO II LLC PRJ SUPP BUY”, each established at the Depositary.

Depositary Accounts shall have the meaning given to that term in Section 6.

Depositary Accounts means all of the deposit accounts established by ------------------- Borrower and its Subsidiaries and listed on Schedule 2.18 hereto and any deposit accounts established by Borrower or any of its Subsidiaries in the future.

Depositary Accounts means the Revenue Account, the Distribution Suspense Account, the Debt Service Reserve Account, the Distribution Suspense Account, the ITC Insurance

Depositary Accounts shall have the meaning assigned to such term in Section 2.19(a). “Depositary Bank” shall have the meaning assigned to such term in the introductory paragraph of this Agreement. “Discharge of the Obligations” shall mean, and shall have occurred, when (a) all Obligations owing shall have been paid in full in cash (other than (i) inchoate indemnity obligations that are expressly stated to survive termination and (ii) obligations and liabilities under Secured Swap Agreements that have been cash collateralized or as to which other arrangements satisfactory to the applicable Specified Swap Counterparties shall have been made) and (b) all Commitments shall have terminated or expired. “Disqualified Equity Interest” shall mean any Equity Interest that, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof, in whole or in part, or requires the payment of any cash dividend or any other scheduled payment constituting a return of capital, in each case at any time on or prior to one hundred and eighty (180) days after the Maturity Date, or (b) is convertible into or exchangeable (unless at the sole option of the issuer thereof) for (i) debt or debt securities or (ii) any Equity Interest referred to in clause (a) above, in each case at any time prior to one hundred and eighty (180) days after the Maturity Date. “Distribution Account” shall have the meaning assigned to such term in Section 2.19(a). “Dividend” shall have the meaning assigned to such term in Section 6.06. “Documentation Agent” shall mean Jefferies in its capacity as documentation agent. “Drawing Amount” shall mean, with respect to any Account Letter of Credit, as of any date of determination, the amount available to be drawn thereunder as of such date. “DSR Increase Payment” shall have the meaning assigned to such term in Section 2.19(d)(i). “DSR Requirement Amount” shall mean, an amount, as calculated on the Closing Date for the six (6) month period following the Closing Date, and thereafter as recalculated on each Quarterly Date (commencing with May 2021) for the six (6) month period following each such Quarterly Date, equal to the amount of Debt Service reasonably anticipated on such d...