Common use of Control Accounts Clause in Contracts

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and each Bank's share therein, (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor and each Bank's share therein and (c) the amount of any sum received or recovered by the Facility Agent hereunder and each Bank's share therein.

Appears in 1 contract

Sources: Amendment Agreement (Jazztel PLC)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and the face amount of the Euro Amount of any Bank Guarantee issued and each Bank's share therein, therein (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor and each Bank's share therein and (c) the amount of any sum received or recovered by the Facility Agent hereunder and each Bank's share therein.

Appears in 1 contract

Sources: Fourth Amendment Agreement (Sanitec International Sa)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and each BankLender's share therein, (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor the Borrower and each BankLender's share therein and (c) the amount of any sum received or recovered by the Facility Agent hereunder and each BankLender's share therein.

Appears in 1 contract

Sources: Facility Agreement (First Solar, Inc.)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded recorded: (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and each Bank's Lender’s share therein, in it; (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor each of the Obligors to any of the Lenders under the Finance Documents and each Bank's Lender’s share therein and in it; and (c) the amount of any sum received or recovered by the Facility Agent hereunder under this Agreement and each Bank's Lender’s share thereinin it.

Appears in 1 contract

Sources: Second Lien Facility Agreement (Telewest Global Inc)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded recorded: (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and each Bank's Lender’s share therein, in it; (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor each of the Obligors to any of the Lenders under the Senior Finance Documents and each Bank's Lender’s share therein and in it; and (c) the amount of any sum received or recovered by the Facility Agent hereunder under this Agreement and each Bank's Lender’s share thereinin it.

Appears in 1 contract

Sources: Avis Europe Interim Fleet Financing Facility Agreement (Avis Budget Group, Inc.)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded recorded: (a) the amount and the Euro Amount of any Tranche A Advance or any Unpaid Sum (orand the face amount, as applicable, Performance Bond) and each Bank's Lender’s share therein, in it; (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor the Obligors to any of the Lenders under the Finance Documents and each Bank's Lender’s share therein and in it; and (c) the amount of any sum received or recovered by the Facility Agent hereunder under this Agreement and each Bank's Lender’s share thereinin it.

Appears in 1 contract

Sources: Acquisition Facilities Agreement (Liberty Global PLC)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount and the Guilder Amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and the face amount and the Guilder Amount of any Letter of Credit issued and each Bank's share therein, (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor and each Bank's share therein and (c) the amount of any sum received or recovered by the Facility each Agent hereunder and each Bank's share therein.

Appears in 1 contract

Sources: Loan Agreement (Getronics N V)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded recorded: (a) the amount of any Tranche A Advance or any Unpaid Sum (orand the face amount, as applicable, Performance Bond) and each Bank's Lender’s share therein, in it; (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor each of the Obligors to any of the Lenders under the Finance Documents and each Bank's Lender’s share therein and in it; and (c) the amount of any sum received or recovered by the Facility Agent hereunder under this Agreement and each Bank's Lender’s share thereinin it.

Appears in 1 contract

Sources: High Yield Bridge Facilities Agreement (Liberty Global PLC)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and each Bank's Lender’s share therein, (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor the Borrower and each Bank's Lender’s share therein and (c) the amount of any sum received or recovered by the Facility Agent hereunder and each Bank's Lender’s share therein.

Appears in 1 contract

Sources: Facility Agreement (First Solar, Inc.)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (ai) the amount of any Tranche A Advance made or arising hereunder and the face amount of any Unpaid Sum (or▇▇▇▇ accepted and, as applicablein each case, Performance Bond) and each Bank's share thereinthe name of the Bank to which such sum relates, (bii) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor any of the Obligors to any of the Banks hereunder and each Bank's share therein and (ciii) the amount of any sum received or recovered by the Facility Agent hereunder and each Bank's share therein.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Capital One Financial Corp)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount of any Tranche A Advance or any Unpaid Sum (or, as applicable, Performance Bond) and each BankParticipant's share therein, (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor and each BankParticipant's share therein and (c) the amount of any sum received or recovered by the Facility Agent hereunder and each BankParticipant's share therein.

Appears in 1 contract

Sources: Credit Agreement (Comple Tel Europe Nv)

Control Accounts. The Facility Agent shall maintain on its books a control account or accounts in which shall be recorded recorded: (a) the amount of any Tranche A Advance made or any Unpaid Sum (or, as applicable, Performance Bond) arising under this Agreement and each Bank's share therein, ; (b) the amount (as applicable) of all principal, interest and other sums due or to become due from an Obligor each Borrower to any of the Banks under this Agreement and each Bank's share therein therein; and (c) the amount of any sum received or recovered by the Facility Agent hereunder under this Agreement and each Bank's share therein.

Appears in 1 contract

Sources: Dual Currency Bridge Loan Agreement (Hungarian Telephone & Cable Corp)