Lender Account definition

Lender Account means, with respect to each Lender, the deposit account of such Lender identified on Schedule A-1 (or such other deposit account of such Lender that has been designated as such, in writing, by such Lender to the Borrower and the Agent).

Lender Account means the account with Silicon Valley Bank held in Lender’s name with the account details as set forth in Schedule 2.3(b)(1).

Lender Account means the bank account held with the Lender and notified to the Borrower by the Lender in writing.

Examples of Lender Account in a sentence

• The Borrower shall immediately, but in no event later than three (3) Trading Days after receipt of a Conversion Notice (the “Delivery Date”), deliver the Conversion Shares to the Lender Account.

• The Borrower shall immediately, but in no event later than three (3) days after receipt of a Notice of Conversion (the “Delivery Date”), deliver the Conversion Shares to the Lender Account.

• All payments due to the Lender shall be effected by bank wire transfer to the Lender Account.

• To the extent that any Other Lenders have been paid with amounts redirected from the Non-Funding Lender Account, the Non-Funding Lender shall, from and after payment in full of all interest, Advances and other amounts owed to the Other Lender, be subrogated to the rights of the Other Lenders to the extent of any such payments from the Non-Funding Lender Account under clause eighth above.

• All payments (including prepayments) to be made by Obligor shall be made in immediately available funds in U.S. dollars, without setoff or counterclaim to the Lender Account before 1:00 p.m. (Eastern Time) on the date when due.

More Definitions of Lender Account

Lender Account means such account of Lender maintained at such banking institution as Lender may specify in its discretion from time to time in writing to Borrower at least five (5) Business Days prior to any Quarterly Payment Date or other date on which payments are to be made to Lender pursuant to the Loan Documents.

Lender Account means the sub account of a Lender which is maintained by Loop Securities;

Lender Account means, individually or collectively, as applicable, any cash management account(s) established pursuant to the Senior Loan for the collection of all Revenue and the disbursement thereof pursuant to the Senior Loan Documents.

Lender Account means the account opened in the name of the Lender, as notified from time to time by the Lender to the Borrower. Loan shall have a meaning ascribed to it in recital (C).

Lender Account means the Deposit Account of each Lender identified on Schedule A-1 to the Agreement (or such other Deposit Account of such Lender that has been designated as such, in writing, by Lender to Agent and notified by Agent to Administrative Borrower).

Lender Account as defined in the Collection Account Agreement.

Lender Account has the meaning given in the Lockbox and Collection Account Agreement.