Loan Account definition

Loan Account has the meaning set forth in Section 2.10.
Loan Account has the meaning specified therefor in Section 2.9 of the Agreement.
Loan Account means an account maintained hereunder by the Administrative Agent on its books of account at the Payment Office, and with respect to the Borrowers, in which the Borrowers will be charged with all Loans made to, and all other Obligations incurred by, the Borrowers.

Examples of Loan Account in a sentence

  • In accordance with Section 2.6, the Loan Account will be credited with all payments received by the Funding Agent from Borrower or for the Borrower’s account.

  • In accordance with Section 2.7, the Loan Account will be credited with all payments received by Agent from Borrowers or for Borrowers’ account.


More Definitions of Loan Account

Loan Account shall have the meaning given to that term in Section 2.08(a).
Loan Account has the meaning specified in Section 3.5 hereof.
Loan Account shall have the meaning assigned to it in Section 1.12.
Loan Account is defined in Section 2.12(A) hereof.
Loan Account means the loan account of the Borrowers, which account shall be maintained by the Agent.
Loan Account wherever used in the General Conditions, means the GEF Trust Fund Grant Account;
Loan Account has the meaning provided in SECTION 2.20.