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Lender Accounts definition

Lender Accounts means deposit accounts maintained by Borrower with Lender, and in which Lender has a first priority perfected security interest.
Lender Accounts. As defined in Section 0X.00.
Lender Accounts means deposit accounts maintained by Borrowers with Lender, and in which Lender has a first priority perfected security interest. “Loan Documents” means this Agreement, the Revolving Credit Note, the Term Loan Note, the Mortgages, the Security Agreements, the UCC-1 Financing

Examples of Lender Accounts in a sentence

  • Borrowers shall maintain a Dominion Account or Accounts pursuant to lockbox and blocked account arrangements acceptable to Agent with Bank; provided that for a period of 90 days from the Closing Date (or such longer time period as Agent may agree to in its sole discretion), such Borrowers shall be permitted to maintain the Existing Lender Accounts.

  • Each customer shall, as soon as electric service becomes available, purchase from the Company practically all electric energy used on the premise, and shall become liable for all charges incurred in the purchase of said Continued to Sheet No. C-4.00 Issued: 12-21-09 Effective for ServiceBy J F Schott On and After: 1-1-10MPSC Vol No 8-ELECTRIC 1st Rev.

  • The Debtor shall immediately, and on an ongoing basis, direct all account debtors of the Debtor to make and continue to make all payments directly into the Lockbox established under the Lockbox Agreement for deposit into the Lender Accounts.

  • All funds actually received by a Debtor from its Lender Accounts shall be turned over to TPR in partial repayment of such Lender’s Intercompany Loan.

  • This can be used for underfunded emergency needs, particularly the small- and medium-scale disasters that are proliferating with climate change but which lose out to larger emergencies for donor attention and funding.

  • The Lender Accounts shall be assigned Borrower's Federal Tax Identification Number (i.e.,00-0000000).

  • The Lender Accounts are Debtor bank accounts maintained at various of the Lenders.

  • Supplemental schedules shall be delivered according to the following schedule: Borrower agrees to submit to Lender Accounts Receivable aging within ten (10) days after the end of each month.

  • For the avoidance of doubt, all recoveries out of the Lender Accounts and Escrow Account pursuant to Section 18.05 below are treated as “general recoveries” as a result of Intercompany Loan repayments.

  • The funds in the material Lender Accounts and in the Escrow Account are set forth on Exhibit C to this Disclosure Statement.


More Definitions of Lender Accounts

Lender Accounts. As defined in Section 4A.01.
Lender Accounts as defined in the Lockbox Agreements.
Lender Accounts has the meaning given such term in Section 2.2 hereof.

Related to Lender Accounts

  • Lender’s Account means the account identified in Schedule L-1.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Funds and Accounts means funds and accounts created pursuant to or referred to in Section 501

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Facility LC Collateral Account is defined in Section 2.20.11.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Credit Account is modified to read “Grant Account”.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Controlled Accounts means the Collection Account and the Unfunded Exposure Account.

  • Other Accounts means all of the accounts and funds, other than the Sub-Advised Assets, managed by the Sub-Adviser for or on behalf of Northern Trust Investments, Inc. and/or its affiliates that have a substantially similar investment strategy for which the Sub-Adviser is being engaged pursuant to this Agreement.

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Controlled Account means each deposit account and securities account that is subject to an account control agreement in form and substance satisfactory to the Administrative Agent and the L/C Issuer.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.