Pledged Account Agreement definition

Pledged Account Agreement shall have the meaning given to such term in Section 4.14(e).
Sample 1Sample 2Sample 3
Pledged Account Agreement means a tri-party pledged account agreement by and among Agent, Borrower who owns the relevant deposit or other bank account and a financial institution acceptable to Agent at which Borrower maintains such account.
Sample 1Sample 2Sample 3
Pledged Account Agreement means the Pledged Account Agreement dated as of the Closing Date among Inez Deposit Bank, each Credit Party party thereto, the ABL Collateral Agent and Collateral Agent, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.
Sample 1

Examples of Pledged Account Agreement in a sentence

  • Open any Deposit Account unless a Blocked Account Agreement or Pledged Account Agreement, as appropriate, is first executed in respect thereof.

  • Open any Deposit Account unless a Lockbox Account Agreement, Blocked Account Agreement or Pledged Account Agreement, as appropriate, is first executed in respect thereof.

  • All right, title and interest in and to the cash amounts on deposit from time to time in the Pledged Accounts shall vest in the Initial Lender (pursuant to the Pledged Account Agreement for each Pledged Account), shall constitute part of the Collateral hereunder and shall not constitute payment of the Secured Obligations until applied thereto as hereinafter provided.

  • Each Non Dealership Subsidiary Company and each Dealership shall provide such Secretary's Certificate, Non Dealership Subsidiary Company Guaranty or Dealership Guaranty, Pledged Account Agreement and other Collateral Documents prior to or simultaneously with its Acquisition.

  • Each Subsidiary Holding Company and each Dealership shall provide such Subsidiary Holding Company Guaranty or Dealership Guaranty, Pledged Account Agreement and other Collateral Documents prior to or simultaneously with its Acquisition.

  • At such time as Lender shall have received from Borrower and/or Hospital all amounts due and owing to Lender under this Pledged Account Agreement or the Agreement, Lender shall disburse any remaining balance in the Pledged Account to Borrower.

  • The effective date of termination of this Pledged Account Agreement shall be the date of receipt of payment by Lender of all amounts due pursuant to Lender’s demand that Hospital repurchase all accounts.

  • It will direct all Receivables owing to any Loan Party organized under the laws of any jurisdiction in the United States to be directed to a lockbox account (and related bank account) pledged to the Administrative Agent pursuant to a Pledged Account Agreement, except for delinquent Receivables assigned to a third party for collection; provided, however, Fresh Del Monte (Canada) Inc.

  • Borrower shall use its best efforts to maintain continuously throughout the term of this Agreement its principal operating depository accounts with Lender, including without limitation the Pledged Account as such term is defined in the Pledged Account Agreement, to the extent such accounts relate to or receive payments pursuant to the Patient Account Purchase Agreement or other agreements with Lender approved hospitals from which Borrower purchases accounts funded by Lender.

  • The obligations on the part of Borrower under this paragraph 7 shall survive the termination of this Pledged Account Agreement.


More Definitions of Pledged Account Agreement

Pledged Account Agreement means a Pledged Account Agreement, substantially in the form of Exhibit I, among a depository bank at which a Borrowing Base Party has a deposit account, a Borrowing Base Party and the Administrative Agent, as amended, restated, modified or otherwise supplemented from time to time.
Sample 1Sample 2Sample 3
Pledged Account Agreement shall have the meaning set forth in Section 4.3. "Prime Rate” shall mean the base commercial lending rate of the Bank as publicly announced to be in effect from time to time, such rate to be adjusted automatically, without -20-
Sample 1Sample 2
Pledged Account Agreement means a tri-party pledged account agreement between Bank, Borrower, and a financial institution acceptable to Bank at which Borrower maintains a Deposit Account.
Sample 1
Pledged Account Agreement shall have the meaning assigned to it in Section 7.1(r) hereof.
Sample 1

Related to Pledged Account Agreement

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Account Agreement means the agreements for the operation of the Account.

  • Deposit Account Control Agreement means an agreement, in form and substance reasonably satisfactory to the Administrative Agent, among any Loan Party, a banking institution holding such Loan Party’s funds, and the Administrative Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by such Loan Party with such banking institution.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

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

  • Account Control Agreement means the Account Control Agreement relating to the Accounts, dated as of the Closing Date, among the Borrower, the Servicer, the Administrative Agent and the Account Bank.