Intermediate Account means each account in the name of the Buyer listed Schedule V to this Agreement (as such schedule is updated by the Buyer on or prior to the Purchase Agreement Effective Date).
Intermediate Account shall have the meaning assigned to such term in the Intermediate Purchase Agreement.
Intermediate Account shall have the meaning set forth in the Multi-Party Agreement.
Examples of Intermediate Account in a sentence
Except for the Intermediate Account, there are no “Linked Accounts” (as defined in the Lock-Box Agreement with Xxxxx Fargo Bank, National Association) with respect to any Lock-Box Account maintained at Xxxxx Fargo Bank, National Association.
Borrower shall, or shall direct Servicer to, direct or otherwise cause the Account Debtor of each Receivable, to pay all Collections directly to the Intermediate Account for ultimate deposit into the Collection Account in accordance with the time periods and mechanics set forth in the Multi-Party Agreement.
More Definitions of Intermediate Account
Intermediate Account means Quintiles’ account number 4120261151 at Xxxxx Fargo Bank, National Association.