Security Accounts definition

Security Accounts means, collectively, the Cash Trap Account, the Project-Level Account and any Controlled Account.

Security Accounts means the Collateral Accounts and the Realisations Accounts.

Security Accounts means, at any relevant time, the Operating Accounts and any bank accounts of the Borrower opened with the Bank, which are subject to an Encumbrance in favour of the Bank and designated by the Bank as “Security Accounts” for the purposes of this Agreement;

Examples of Security Accounts in a sentence

• All Access Persons must pre-clear transactions of certain Securities in Personal Security Accounts, (including those of Immediate Family Members and accounts for which you are Beneficial Owner), as described below, as well as comply with the trading restrictions that follow.

• Changes to normal settlement cycles: Hong Kong Type 9 License Holders are not permitted to make changes to normal settlement cycle or delay settlement for any trades in Employee Security Accounts.

• Cross Trades: MSIM employees are not allowed to engage in cross trades or pre-arranged trades between MSIM funds or accounts and the MSIM employee’s Security Accounts.

• If the consents referred above are withdrawn you will operate the Security Accounts in accordance with the terms of the Acknowledgement, save that you may immediately set-off debit balances and credit balances on the Security Accounts as and to the extent that the same relate to your customary agreed charges or fees payable in connection with the operation or maintenance of the Security Accounts in the ordinary course of business.

• Any amount remaining in the Reserve Funds and the Security Accounts after the Loans have been paid in full shall be promptly returned to Borrower.

More Definitions of Security Accounts

Security Accounts means, collectively, the Tax and Insurance Reserve Account, the Casualty/Taking Account, the Additional Cash Collateral Account, the Cash Management Account, the Low DSCR Account and the Reserve Funds.

Security Accounts. One or more security accounts shall be established in the name of, and under the sole dominion and control of, the Lender or its designated representatives (the "Security Accounts"), and all income from the Properties shall be deposited directly into such Security Accounts. At the discretion of Lender, such Security Accounts may include (but may not be limited to) the following:

Security Accounts means, collectively, the Lockbox Accounts, the Concentration Account, the Cash Management Account, the Cure Deposit Account, the Cash Collateral Account and the Reserve Accounts.

Security Accounts means, collectively, the Tax and Insurance Reserve Subaccount, the Operating Expense Subaccount, the Casualty/Taking Account, the Seasonality Reserve Account, the Clearing Account, the Cash Management Account, the Construction Completion Account, the Debt Service Subaccount and the Reserve Funds.

Security Accounts means the accounts secured in favour of the Underlying Cedants, established pursuant to the Security Agreements by the Retrocedant to support the Retrocedant's obligations under the Retroceded Policies relating to the SPA Business;

Security Accounts means, collectively, the Sweep Account and the Deficiency Deposit Account.

Security Accounts shall have the meaning provided in the Uniform Commercial Code.