Project Account Agreement definition

Project Account Agreement means the Project Account Agreement to be executed and delivered in form and substance satisfactory to the Senior Lenders on or prior to the Closing Date among the Borrower, the Senior Lenders and the Account Bank, which regulates (a) the opening, operation and maintenance of the Accounts and the use of the funds deposited therein; and (b) certain aspects of the operation of the Borrower Accounts.
Sample 1
Project Account Agreement means a project account agreement in the form set out in section 11;
Sample 1
Project Account Agreement shall have the meaning set forth in Article 11.1.2;
Sample 1

Examples of Project Account Agreement in a sentence

  • The Project Account shall be operated and maintained till the date of termination and thereafter, the Company/Consortium shall be entitled to discontinue the same and terminate the Project Account Agreement.


More Definitions of Project Account Agreement

Project Account Agreement shall have the meaning set forth in Article 22;
Sample 1

Related to Project Account Agreement

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

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • 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.