Designated Deposit Account definition
Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.
Designated Deposit Account means a deposit account to be maintained by Borrower with ▇▇▇▇▇ Fargo or one of its Affiliates, as from time to time designated by Borrower by written notification to the Administrative Agent.
Designated Deposit Account is the multicurrency account denominated in Dollars, account number , maintained by Borrower with Bank.
Examples of Designated Deposit Account in a sentence
Collateral Agent and each Lender may debit (or ACH) any deposit accounts, maintained by Borrower or any of its Subsidiaries, including the Designated Deposit Account, for principal and interest payments or any other amounts Borrower owes the Lenders under the Loan Documents when due.
On the Funding Date, each Lender shall credit and/or transfer (as applicable) to the Designated Deposit Account, an amount equal to its Term Loan Commitment.
More Definitions of Designated Deposit Account
Designated Deposit Account is the deposit account established by Borrower with Bank for purposes of receiving Credit Extensions.
Designated Deposit Account is Borrower’s deposit account, account number ▇▇▇▇▇▇▇▇▇▇, maintained with Silicon Valley Bank.
Designated Deposit Account is the account number ending [________________________] (last three digits) maintained by Borrower with Bank (provided, however, if no such account number is included, then the Designated Deposit Account shall be any deposit account of Borrower maintained with Bank as chosen by Bank).
Designated Deposit Account is the account number ending XXXXXX5649 maintained by Borrower with Bank (provided, however, if no such account number is included, then the Designated Deposit Account shall be any deposit account of Borrower maintained with Bank as chosen by Bank).
Designated Deposit Account is Borrower’s deposit account, account number 3300345156 (routing number ▇▇▇▇▇▇▇▇▇), maintained with Agent.
Designated Deposit Account means a deposit account to be maintained by Borrower with Wells Fargo or one of its Affiliates, as from time to time designated by Borrower by written notification to the Administrative Agent.
Designated Deposit Account is Borrower’s deposit account, account number , maintained with SVB.