Examples of USD Principal Collection Account in a sentence
If the Lenders are required to make an Advance to the Company as provided in Sections 2.02 and 2.03, then each Lender shall make such Advance on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or 3:00 p.m. with respect to the First Advance), New York City time, to the Collateral Agent for deposit to the USD Principal Collection Account.
The Company shall notify the obligor (or the relevant agent under the applicable Underlying Instruments) with respect to each Portfolio Investment to remit all amounts that constitute Principal Proceeds to the USD Principal Collection Account; provided that Principal Proceeds denominated in a Permitted Non-USD Currency shall be deposited into the applicable Permitted Non-USD Currency Account.
Notwithstanding any other provision of this Agreement, Parent may, from time to time in its sole discretion, (x) deposit amounts in U.S. dollars into the USD Principal Collection Account, and/or (y) transfer Portfolio Investments approved in writing by the Administrative Agent (in its sole discretion) as equity contributions to the Company pursuant to the Sale Agreement.
All Principal Proceeds shall be retained in the USD Principal Collection Account or the applicable Permitted Non-USD Currency Account, as applicable, and held in cash and/or invested (and reinvested) at the written direction of the Administrative Agent in Eligible Investments selected by the Servicer (unless an Event of Default has occurred and is continuing, in which case, selected by the Administrative Agent).
The Company hereby appoints the Securities Intermediary and has directed the establishment of, and the Securities Intermediary hereby acknowledges that it has established, each of the Custodial Account, the USD Principal Collection Account, the USD Interest Collection Account, the Cure Account and the Unfunded Exposure Account (such accounts collectively, the "USD Collateral Accounts") and the Permitted Non-USD Currency Accounts.
All Principal Proceeds shall be retained in the USD Principal Collection Account, the Euro Principal Collection Account or the GBP Principal Collection Account, as applicable, and invested (and reinvested) at the written direction of the Investment Manager (or, if a Coverage Event has occurred or an Event of Default has occurred and is continuing, the Administrative Agent) in overnight Eligible Investments.
If the Lenders for any Tranche are required to make an Advance to the Company as provided in Section 2.03, then each such Lender shall make such Advance in the applicable Eligible Currency on the Advance Date specified in the relevant Request for Advance thereof by wire transfer of immediately available funds to the Collateral Agent for deposit to the USD Principal Collection Account or the applicable Permitted Non-USD Currency Account.
Account Numbers USD Custodial Account: 183233-200 USD Interest Collection Account: 183233-201 USD Principal Collection Account: 183233-202 CE Cure Account: 183233-707 Euro Custodial Account: 732489-02 Euro Interest Collection Account: 732489-03 Euro Principal Collection Account: 732489-02 GBP Custodial Account: 732489-05 GBP Interest Collection Account: 732489-06 GBP Principal Collection Account: 732489-05 5.
All Principal Proceeds shall be retained in the USD Principal Collection Account, the Euro Principal Collection Account, the GBP Principal Collection Account or the designated Permitted CAD Account, as applicable, and invested (and reinvested) at the written direction of the Investment Manager (or, if a Coverage Event has occurred or an Event of Default has occurred and is continuing, the Administrative Agent) in overnight Eligible Investments.
If the Lenders are required to make an Advance to the Company as provided in Section 2.03, then each Lender shall make such Advance in the applicable Eligible Currency on the proposed date thereof by wire transfer of immediately available funds to the Collateral Agent for deposit to the USD Principal Collection Account or the applicable Permitted Non-USD Currency Account.