Lender Payment Account definition

Lender Payment Account means account no. 5000000030305 of Lender at Wachovia Bank, National Association or such other account of Lender as Lender may from time to time designate to Administrative Borrower as the Lender Payment Account for purposes of this Agreement and the other Financing Agreements.

Lender Payment Account means such account of Lender as Lender may from time to time designate in writing to a Borrower as the Lender Payment Account for purposes of the Loan Documents.

Lender Payment Account means account no. 5000000030279 of Lender at Wachovia Bank, National Association or such other account of Lender as Lender may from time to time designate to Borrower as the Lender Payment Account for purposes of this Agreement.

Examples of Lender Payment Account in a sentence

• Borrower shall cause all funds received or deposited into the Blocked Accounts to be transferred each Business Day to the Lender Payment Account.

• The receipt of any payment item by Lender shall not be required to be considered a payment on account unless such payment item is a wire transfer of immediately available funds made to the Lender Payment Account or unless and until such payment item is honored when presented for payment.

• Except as otherwise expressly provided herein, all payments by a Borrower shall be made to the Lender Payment Account or such other place as Lender may designate in writing to a Borrower from time to time and shall be made in immediately available funds, no later than 1:30 p.m. on the date specified herein.

• Payments on Obligations shall be made by Borrowers' remitting funds to the Lender Payment Account or, at any time when an Event of Default or Availability Compliance Period (related to a Compliance Triggering Event) exists by payments and proceeds of Collateral being directly remitted to the Lender Payment Account as provided in Section 6.3 or such other place as Lender may designate from time to time.

• Such payments in respect of the Obligations and cash collateral shall be remitted by wire transfer in Federal funds to the Lender Payment Account or such other bank account of Lender, as Lender may, in its discretion, designate in writing to Borrower for such purpose.

More Definitions of Lender Payment Account

Lender Payment Account means account no. 5000000030321 of Lender at First Union National Bank located at Charlotte, North Carolina, with an ABA no. 000000000 or such other account of Lender as Lender may from time to time designate to Borrowers as the Lender Payment Account for purposes of this Agreement.

Lender Payment Account means such account of Lender as Lender may from time to time designate in writing to Parent as the Lender Payment Account for purposes of the Loan Documents.

Lender Payment Account means account no. 5000000030279 of Lender at Xxxxx Fargo Bank, National Association or such other account of Lender as Lender may from time to time designate to Borrower as the Lender Payment Account for purposes of this Agreement.

Lender Payment Account means account no. 000-000-000 of Lender at Chase Manhattan Bank or such other account of Lender as Lender may from time to time designate to Borrowers as the Lender Payment Account for purposes of this Agreement.

Lender Payment Account means account no. 000-000-000 of Lender at Chase Manhattan Bank, 4 New York Plaza, New York, NY, ABA 000-000-000, or such other account of Lender as Lender may from time to time designate to Borrower as the “Lender Payment Account” for purposes of this Agreement.

Lender Payment Account means account no. 50000 13742664 Ref: Congoleum Corporation of Lender at First Union Nationxx Xxxx or such other account of Lender as Lender may from time to time designate to Borrower as the Lender Payment Account for purposes of this Agreement.

Lender Payment Account means U.S. Dollar account no. 00000-0000-000 of Lender at Bank of Montreal for U.S. Dollars and Canadian Dollar account no. 00000-0000-000 of Lender at Bank of Montreal for Canadian Dollars or such other account of Lender as Lender may from time to time designate to Borrowers or Parent as the Lender Payment Account for purposes of this Agreement and the other Financing Agreements.