Project Account Agreement definition

Project Account Agreement means a Project Account Agreement in form and substance satisfactory to the Senior Lenders among the Senior Lenders, the Borrower and the Account Bank, which regulates (a) the opening, operation and maintenance of the Account 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 1Sample 2
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.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

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

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

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

  • Account Control Agreement(s) means any agreement entered into by and among the Agent, Borrower and a third party bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which perfects Agent’s first priority security interest in the subject account or accounts.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).