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 those bank accounts set forth on Schedule 1.2(E).
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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

  • Borrower and DJS Processing shall not, and shall cause Guarantor not to, open and/or maintain any deposit accounts other than the Existing Bank Accounts.

  • The Debtors shall maintain their cash management arrangement in a manner consistent with that described in the Interim Order (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 [Dkt.

  • Schedule I lists all of the deposit accounts maintained by Borrower, DJS Processing and any Guarantor at any bank or other financial institution, and lists in each case the name in which the account is held, the name of the depository institution, the type of account and the account number (the "Existing Bank Accounts").

  • The Servicer shall ensure that the banks holding the Existing Bank Accounts transfer all funds deposited or otherwise credited to the Existing Bank Accounts to the Lock-Box Account on each Business Day.

  • 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 Interim 9019 Order and the Order (a) authorizing the "CFC Debtors" to (i) Maintain Existing Bank Accounts, (ii) Continue Use of Existing Checks and Business Forms, (iii) Continue Use of Existing Cash Management System and (iv) Continue Use of Existing Investment Practices; and (B) Granting Superpriority Status to Intercompany Claims shall have been entered by the Bankruptcy Court in a form and scope acceptable to the Lenders.

  • The Servicer shall remit to the Lock-Box Account all payments in respect of the Receivables by or on behalf of the Obligors received by the Servicer (and not directly remitted by such Obligor to the Lock-Box Account, the Collection Account or the Existing Bank Accounts) within two Business Days of receipt thereof.

  • All of the Existing Bank Accounts are listed on the Disclosure Schedule.

  • The Existing Bank Accounts are all the accounts held by members of the Obligor Group with financial institutions as at the date hereof.

  • For the avoidance of doubt, Schedule 3 (Form of Notice of Pledge) of the Account Pledge Agreement is hereby replaced by the Part 1 of Schedule 3 (Form of Notice for Existing Bank Accounts) and Part 2 of Schedule 3 (Form of Notice for New Bank Accounts) of this Agreement.


More Definitions of Existing Bank Accounts

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 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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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;