Retention Accounts definition

Retention Accounts means the bank accounts opened or to be opened in the name of each Collateral Owner with the Agent (or such other leading bank as may be requested by the Borrower and, subject to execution of an Accounts Charge in form and substance satisfactory to the Lenders, agreed to by the Agent (such agreement not to be unreasonably withheld)) and designated, when such Retention Account is held with the Agent, "[Name of Collateral Owner] - Retention Account" each a "Retention Account".

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Retention Accounts means the Completion Accounts Retention Account, the Claims Retention Account and the Holdback Consideration Retention Account;

Retention Accounts means any or all of them;

Examples of Retention Accounts in a sentence

You shall also be eligible for such other benefits as are provided under the Verizon Income Deferral Plan to employees with Special Retention Accounts.
Upon the occurrence of a Change of Control, Benefits payable from the Deferral and Retention Accounts shall be distributed to the Participant within forty-five (45) days following the Change of Control.
You shall also be eligible for such other benefits as are provided under the GTE Executive Salary Deferral Plan to employees with Special Retention Accounts.
This Program shall apply only to those participants in the Verizon Income Deferral Plan who have Special Retention Accounts by virtue of having waived any entitlement they might otherwise have had to certain payments and/or other benefits as a result of the merger involving GTE Corporation and Bell Atlantic Corporation.
Any deposit accounts shall, for all the purposes of the Security Documents, be deemed to be sub-accounts of the Account from which the moneys deposited in the deposit accounts were transferred and all references in the Security Documents to the Operating Accounts and/or the Retention Accounts shall be deemed to include the deposit accounts deemed as aforesaid to be sub-accounts thereof.

More Definitions of Retention Accounts

Retention Accounts means together the two bank accounts one to be opened by each of the Borrowers with the Account Bank and designated “Name of Borrower” – Retention Account and Retention Account means either of them.

Retention Accounts means the Retention Account and the Debt Service Retention Account.

Retention Accounts means the Retention Account and each Sub-Account, each as defined in the Retention Agreement.

Retention Accounts means the portion of an Eligible Account held by an account debtor pending its final acceptance of inventory sold to it by a Borrower.

Retention Accounts means the bank accounts to be opened in the name of each Borrower with the Account Holder and designated "STI MEMPHIS – Retention Account" and "STI BATTERY – Retention Account".

Retention Accounts means the bank accounts to be opened in the name of each Borrower with the Account Holder and designated "STI MEMPHIS – Retention Account", "STI BATTERY – Retention Account", "STI SAPPHIRE – Retention Account" and "STI EMERALD – Retention Account".

Retention Accounts means the Factor’s in-house booking accounts: account “Sicherheitsleistungen” and account “Zusätzliche Sicherheitsleistungen”.