Existing Deposit Accounts definition

Existing Deposit Accounts has the meaning specified in Section 5.20.

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Existing Deposit Accounts shall have the meaning provided in Section 3.7 of this Agreement.

Existing Deposit Accounts shall have the meaning set forth in Section 4.14(h).

Examples of Existing Deposit Accounts in a sentence

The Principal Companies have furnished to the Administrative Agent accurate information regarding the account number of each of the Existing Deposit Accounts.
Section 5.12 of the Disclosure Schedule also identifies each of the Existing Deposit Accounts which is to be closed by the Borrower or by any of the other Credit Parties, all in accordance with Section 6.7 of this Agreement.
The Borrower has furnished to Bank accurate information regarding the account number of each of the Existing Deposit Accounts.
Each Loan Party shall instruct all of its Customers to make all payments into a Blocked Account (it being understood and agreed that, notwithstanding the foregoing, on or before the date that is ninety (90) days after the date hereof (or such later date as the Lender shall agree in writing), all Customers of Borrowers shall be remitting all payments to the Existing Deposit Accounts maintained with ▇▇▇▇▇ Fargo Bank, N.A. or Bank of America, N.A. or to a Blocked Account).
Until such Cash and other collateral is so transferred to Bank, Borrower shall be permitted to maintain in its Existing Deposit Accounts with UBS PaineWebber Inc.
Each Loan Party shall instruct all of its Customers to make all payments into a Blocked Account (it being understood and agreed that, notwithstanding the foregoing, on or before the date that is ninety (90) days after the date hereof (or such later date as Agent shall agree in writing), all Customers of Borrowers shall be remitting all payments to the Existing Deposit Accounts maintained with ▇▇▇▇▇ Fargo Bank, N.A. or Bank of America, N.A., or to a Blocked Account).
Each of Borrower and the Parent Guarantors has furnished to Bank accurate information regarding the account number of each of the Existing Deposit Accounts.
This chemical will be hand painted or directly wicked onto fresh cut stumps, within 24 hours of cutting.
The Debtor owns no Instruments, Chattel Paper, Investment Property, money or any other Collateral with respect to which possession or control is a method of perfecting Agent's security interest, except for the Existing Deposit Accounts.

More Definitions of Existing Deposit Accounts

Existing Deposit Accounts means the Existing ▇▇▇▇▇▇▇▇ Deposit Accounts, the Existing JBC Account, the Existing ▇▇▇▇▇▇ Southern Deposit Accounts, and the Existing Prime Deposit Accounts.

Existing Deposit Accounts has the meaning set forth in Section 7.13(i). “Existing Letter of Credit” means that certain Irrevocable Standby Letter of Credit No. 592290979, Issued on July 10, 2025 to 601 Edgewater LLC, as beneficiary, for the account of Curaleaf Massachusetts, Inc., in the maximum aggregate amount of SIXTY-FIVE THOUSAND FIVE HUNDRED THREE AND 00/100 DOLLARS ($65,503.00). “Extension” has the meaning set forth in Section 3.7. “Extension Fee” means 2.50% of the aggregate unpaid principal amount of all Revolving Loans outstanding as of the date of the Extension, paid by Borrowers to Lender as provided in Section 3.7. “Extension Maturity Date” means (i) the second anniversary of the Initial Maturity Date, or (ii) such earlier date to which repayment of the Loan is accelerated by Lender pursuant to the terms of any of the Loan Documents. “Extension Notice” has the meaning set forth in Section 3.7. “Extension Option” has the meaning set forth in Section 3.7. “Financial Statements” has the meaning set forth in Section 4.4. “Financing Statements” means, collectively, the UCC-1 Financing Statements, naming each of the Loan Parties, as debtor, and ▇▇▇▇▇▇, as secured party, regarding the Loan and filed with the Secretary of State of the State of formation of such Loan Party, as the same may be amended, restated, modified, substituted or extended from time to time. “FL Mortgaged Property” means the land and the improvements thereon located at ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇ ▇▇▇▇▇, and any other real or personal, tangible or intangible, property more particularly described in the Mortgage executed with respect to such land and improvements. “GAAP” means generally accepted accounting principles in the United States of America, as in effect on the date of the preparation and delivery of the Financial Information and consistently followed, without giving effect to any subsequent changes, other than changes consented to in writing by the Lender.

Existing Deposit Accounts means the deposit accounts of the Borrower and its Subsidiaries in existence on the date hereof and identified on Part I of Schedule 6.16(b).

Existing Deposit Accounts means the deposit accounts maintained at Bank One, as follows: (i) Reliance Warranty Company concentration account - 64943413; (ii) Reliance Warranty Company ▇▇▇▇▇▇▇ive claims account - 649434149; and (iii) Reliance Warranty Company CPS claims account - 649434131.