Disbursement Accounts definition

Disbursement Accounts has the meaning ascribed to it in Annex C.

Disbursement Accounts has the meaning provided in SECTION 2.18(g).

Disbursement Accounts has the meaning provided therefor in Section 2.23(a).

Examples of Disbursement Accounts in a sentence

• Disclosure Schedule (3.19) lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

• Disclosure Schedule (3.19) lists all banks and other financial institutions at which any Credit Party maintains deposits and/or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number.

• Borrower shall not, and shall not cause or permit any Subsidiary thereof to, accumulate or maintain cash in Disbursement Accounts or payroll accounts as of any date of determination in excess of checks outstanding against such accounts as of that date and amounts necessary to meet minimum balance requirements.

• Schedule 5.16 lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

• Disclosure Schedule 3.19 lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

More Definitions of Disbursement Accounts

Disbursement Accounts shall have the meaning assigned to it on ANNEX C.

Disbursement Accounts has the meaning set forth in Section 3.9.

Disbursement Accounts shall have the meaning assigned to it in Schedule D.

Disbursement Accounts means, collectively, the bank accounts of the Borrowers indicated as disbursement accounts on the Schedule 6.01(Y).

Disbursement Accounts has the meaning set forth in Schedule IV.

Disbursement Accounts means the bank accounts identified as such on Schedule 7.12 and each other account maintained from time to time by the Borrowers and Terra Canada with a bank acceptable to the Administrative Agent for the purposes of paying disbursements.

Disbursement Accounts means one or more Eligible Accounts maintained at the Disbursement Account Bank by one or more Individual Borrowers, for the benefit of Lender, which each applicable Manager shall have access to pursuant to Section 6.1 below.