Lockbox Banks means, collectively and each individually, the federally insured banks acceptable to Lender where Borrower who have granted security interests in a Lockbox Account shall maintain the Lockbox Accounts.
Lockbox Banks means, collectively, First Union National Bank and Key Bank National Association, together with any other depository institution which, upon the prior approval of the Agent, maintains a Lockbox and Lockbox Account pursuant to a Lockbox Account Agreement.
Lockbox Banks is defined in Section 2.12.
Examples of Lockbox Banks in a sentence
The Collateral Manager shall establish and maintain pursuant to Lockbox Agreements with one or more Lockbox Banks, one or more Lockbox Accounts, in the name of the Borrower and subject to the prior Lien of the Facility Agent for the benefit of the Secured Parties.
More Definitions of Lockbox Banks
Lockbox Banks means such banks as may be agreed to by Borrower and Foothill from time to time.
Lockbox Banks shall have the meaning provided in the Collateral Management Agreement.
Lockbox Banks means the banks or investment firms listed opposite each Lockbox Account on Exhibit B hereto.
Lockbox Banks has the meaning set forth in Section 4.11.
Lockbox Banks means Union Bank of California, N.A., or such other banks as may be agreed to by Borrower and Foothill from time to time.
Lockbox Banks means each of Bank of America, N.A. and UMB Bank as lockbox bank under the applicable Depositary Agreement
Lockbox Banks has the meaning set forth in Section 3.11.