Examples of Designated Bank Accounts in a sentence
Borrower shall provide online read-only access to Borrower’s Designated Bank Accounts to Lender.
Each Credit Party will maintain all of its Bank Accounts, as set forth on Schedule I, as Designated Bank Accounts.
The Borrower grants irrevocable power of attorney to the Agent to perform the Borrower's payment obligations to the Agent, the Banks, or any of them, under this Agreement and in accordance with this Agreement, subject to the occurrence of an Event of Default, which power of attorney shall include but not be limited to the authority to make any payment to the Agent, the Banks or any of them by debiting any of the Designated Bank Accounts in fulfilling any of such payment obligations.
The Purchaser shall remit the Fourth Closing Purchase Price and, in the event of the Rescheduled Third Closing, the Third Closing Purchase Price, to the Sellers’ Designated Bank Accounts in proportion of the Fourth Closing Sale Shares, and Third Closing Sale Shares, as the case may be, purchased from each relevant Seller, as set out in Part C and D, as applicable, of SCHEDULE 5.