Lender Account definition

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 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

  • Upon receipt by the Agent in the Lender Account from the Lender of the proceeds of the Loan, the Agent shall, based on the Borrowing Request, cause the proceeds of the Loan to be made in accordance with the Borrowing Request.

  • On the Termination Date, all moneys remaining in all Accounts (other than the Lockbox Account and the Lender Account), shall be, subject to applicable escheatment laws, remitted to, or at the direction of, the Borrower, and after the return of such funds (or disposition thereof pursuant to applicable escheatment laws), the Agent shall have no liability with respect to such funds, and the Lender should look solely only to the Borrower for such amounts.


More Definitions of Lender Account

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 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 such bank accounts as the Lender may designate in writing to Obligor from time to time.
Lender Account has the meaning given in the Lockbox and Collection Account Agreement.
Lender Account as defined in the Collection Account Agreement.