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Existing Bank Accounts definition

Existing Bank Accounts means each of the accounts set out in Schedule 13 (Existing Bank Accounts).
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Existing Bank Accounts means any and all checking accounts, savings accounts, money market accounts, custodial accounts, certificates of deposit, safe deposit boxes and other bank or other similar accounts maintained by any of the Companies or the Partnership with any financial intermediary.
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Existing Bank Accounts means the bank accounts listed in Schedule 2.1.26.
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Examples of Existing Bank Accounts in a sentence

  • Prior to the Petition Date, the Debtors maintained a cash management and disbursement system in the ordinary course of their businesses (the "Cash Management System") (as more fully described in the Emergency Motion of CJ Holding Co., et al., for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System and Maintain Existing Bank Accounts and (B) Continue to Perform Intercompany Transactions, and (II) Granting Related Relief [Docket No. 16]).

  • The Debtors maintain a cash management and disbursement system in the ordinary course of their businesses (as more fully described in the Debtors’ Emergency Motion for Entry of Interim and Final Orders Authorizing the Debtors to (I) Continue To Operate Their Cash Management System and Maintain Existing Bank Accounts and(II) Continue to Perform Intercompany Transactions [Docket No. 15] (the “Cash Management Motion”)).

  • As described more fully in the Debtors’ Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System and Maintain Existing Bank Accounts and (B) Continue to Perform Intercompany Transactions and (II) Granting Related Relief [Docket No. 30] (the “Cash Management Motion”), the Debtors engage in a range of intercompany transactions in the ordinary course of business.

  • Specific NotesBalances shown for Question 3 above reflect actual balances as of July 15, 2016 as previously disclosed in Emergency Motion of CJ Holding Co., et al., for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System and Maintain Existing Bank Accounts and (B) Continue to Perform Intercompany Transactions, and (II) Granting Related Relief [Docket No. 16].

  • The cash management system is operated and maintained by Quirky, as described in detail in the Motion of an Order Authorizing the Debtors to (I) Continue to Use Existing Cash Management System (II) Maintain Existing Bank Accounts and (III) Waive Requirements of Section 345(b) of the Bankruptcy Code.

  • This amount consists of certain transfers to non- Debtor Affiliates made pursuant to the Order Authorizing the Debtor to (A) Maintain Existing Bank Accounts and Cash Management System, (B) Continue Use of Existing Business Forms, and (C) Continue Use of Existing Investment Guidelines.

  • The remaining six months are called transitional periods; three months transition from the off season to peak season, and three months from the peak season to the off season.The off season is marked by severe weather, such as heavy rain, strong winds, and large, high waves.

  • On the Petition Date, the Debtors filed the Debtors’ Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate their Cash Management System and Maintain Existing Bank Accounts and (B) Continue to Perform Intercompany Transactions, and (II) Granting Related Relief [Docket No. 16] (the “Cash Management Motion”).

  • No Borrower Entity shall open or maintain any accounts other than the Accounts and the Local Account, except as permitted under Section 3.1(a) of the Collateral Agency and Depositary Agreement with respect to the Existing Bank Accounts, which accounts shall be closed immediately following the thirty (30) day period referenced therein.

  • The Debtors shall maintain their cash management arrangements in a manner consistent with the order approving the Debtors’ Motion of Debtors for Entry of Interim and Final Orders (I) Authorizing Continued Use of Their Existing Cash Management System, Including Maintenance of Existing Bank Accounts, Checks; and Business Forms, and (II) Authorizing Continuation of Existing Deposit Practices.


More Definitions of Existing Bank Accounts

Existing Bank Accounts means collectively the Existing CIPL Bank Account, the Existing Company Bank Accounts, the Existing SPI Bank Account and the Existing SPPM Bank Account.
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Existing Bank Accounts means those bank accounts set forth on Schedule 1.2(E).
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Related to Existing Bank Accounts

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • UK Non-Bank Lender means a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • 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.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Excluded Accounts means (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) xxxxx cash accounts funded in the ordinary course of business, (d) escrow, fiduciary or trust accounts, (e) designated disbursement accounts and non-U.S. bank accounts and (f) the funds or other property held in or maintained in any such account identified in clauses (a) through (e).

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Security Deposit Account has the meaning given in Section 2.3.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

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

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

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