Master Funding Account definition

Master Funding Account means (i) that certain deposit account established and maintained by the Parent at Administrative Agent, account no. 1000200578606, and (ii) such other deposit account as may be further designated by the Borrower Agent as the Master Funding Account and approved by the Administrative Agent in writing. The Master Funding Account is the ZBA master account with respect to the Controlled Disbursement Account.
Sample 1
Master Funding Account means the Borrower’s Deposit Account, Account # 0000-000-000, styled “Energy XXI Gulf Coast Inc. Master Funding Account” at Regions Bank. Credit Agreement (First Lien)
Sample 1
Master Funding Account means, to the extent approved by CBKC, an account established at CBKC from which Cardholder funds are pulled to Load cards.
Sample 1

Examples of Master Funding Account in a sentence

  • The proceeds of each Swing Line Loan shall be made available by the Swing Line Lender to the Borrower by wire transfer to the Master Funding Account by the close of business each Business Day.

  • If you do not accept an amendment made to this Addendum, your sole and exclusive remedy is to close your Master Funding Account with us.

  • From time to time, services related to your Master Funding Account may be inoperative.

  • Distributor will have view only access into the Master Funding Account via CBKC’s standard online banking platform.

  • Bank does not warrant that the transactions requested in connection with the Master Funding Account will be uninterrupted or error free or that defects will be corrected.

  • CBKC will charge Distributor a fee of $25.00 for each wire into and out of Master Funding Account.

  • In addition, automatically, on each Business Day, the Borrowers shall be deemed to have requested, and the Swingline Lender shall advance, if all conditions for funding have been satisfied, the lesser of (i) the remaining amount of the Swingline Committed Amount and (ii) a Swingline Loan advance in the amount of any deficit in the Master Funding Account at the conclusion of the Business Day.

  • An Authorized Representative may close the Master Funding Account at any time by notifying the Marketer in writing.

  • The Master Funding Account may be a CBKC DDA or a virtual account on a processor system, as determined by CBKC.

  • Distributor agrees to maintain sufficient available funds in the Master Funding Account to support any transactions initiated in connection with this Addendum or the Program Agreement.


More Definitions of Master Funding Account

Master Funding Account means the Borrower’s deposit account number ending in 2470, styled “Carrizo Master” at Capital One, N.A.
Sample 1
Master Funding Account means the zero-balance depository account maintained by AHL at First Union pursuant to the Sweep Plus Services cash management system.
Sample 1

Related to Master Funding Account

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

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

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2005-5, Home Equity Pass-Through Certificates, Series 2005-5. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Eligible Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

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

  • Investment Account As defined in Section 3.12(a).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Excess Interest Distribution Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Class S – Excess Interest Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the Excess Interest Certificates. The Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Administration Account As defined in Section 7.02.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Pre-Funding Earnings means any Investment Earnings on amounts on deposit in the Pre-Funding Account.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Trading Account means the unique personified registration system of all Completed Transactions, Open Positions, Orders and deposit/withdrawal transactions in the Trading Platform.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.