KKM Proceeds Account definition

KKM Proceeds Account means the account so designated in the Accounts Agreement.
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KKM Proceeds Account means the account so designated and to be maintained pursuant to Clause 2.1(a) (ESTABLISHMENT OF THE CHARGED ACCOUNTS).
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KKM Proceeds Account means the account of KKM held with ABN AMRO Bank N.V., London branch and designated as the "KKM Proceeds Account".
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Examples of KKM Proceeds Account in a sentence

  • Any Bank Instruction given by the Facility Agent shall be copied to the Borrower and, in the event that the Bank Instruction is in respect of the KKM Proceeds Account, KKM.

  • On the last Business Day of each month, KKM may submit an Account Request (substantially in the form attached as Part II of Schedule 1) to the Facility Agent (which shall give a corresponding Bank Instruction to the Accounts Bank) for the investment of part or all of the funds standing to the credit of the KKM Proceeds Account at that time (subject to such funds exceeding $250,000) in Authorised Investments.

  • Any Account Request given with respect to the KKM Proceeds Account shall also be copied to the Borrower.

  • Any Additional Investments made on or after the date of this Agreement by the Investor to KKM shall be deposited into KKM Proceeds Account.

  • On maturity of any Authorised Investments all of the proceeds of such Authorised Investments shall be credited to the KKM Proceeds Account.