Mandatory Prepayment Account. (a) The Borrower shall ensure that:
Mandatory Prepayment Account. (a) The Mandatory Prepayment Account shall be funded as follows:
Mandatory Prepayment Account. The Lender shall open and prior to the Make-Whole Termination Date maintain the Mandatory Prepayment Account. Unless the Mandatory Prepayment Account is held at the Senior Trustee, the Mandatory Prepayment Account shall be subject to the Mandatory Prepayment Account Control Agreement.
Mandatory Prepayment Account. On or prior to the Account Establishment Date, the Borrower shall open and establish the Mandatory Prepayment Account at the Depositary Bank. Following the opening and establishment of the Mandatory Prepayment Account, the Borrower shall at all times thereafter maintain the Mandatory Prepayment Account and cause the Mandatory Prepayment Account to be subject to a Blocked Account Control Agreement. With respect to the Mandatory Prepayment Account:
Mandatory Prepayment Account. (a) The Agent has sole signing rights in relation to the Mandatory Prepayment Account.
Mandatory Prepayment Account. The Borrower may elect to deposit any proceeds which are to be applied in prepayment of the Loan in accordance with this Clause 8, prior to such prepayment (and unless such proceeds are required to be transferred to the Lender to be applied directly against the Loan), in the Mandatory Prepayment Account pending such application until the end of an Interest Period.
Mandatory Prepayment Account. A Lender or Agent with which a Mandatory Prepayment Account is held acknowledges and agrees that interest shall accrue at normal commercial rates on amounts credited to those accounts and that the account holder shall be entitled to receive such interest (which shall be paid in accordance with mandates relating to such account).
Mandatory Prepayment Account. (a) On or before the date on which the Borrower enters into any Pari Passu Loan Agreement that provides for the mandatory prepayment or mandatory redemption of the applicable Secured Obligations, the Borrower shall deliver written instructions to the Securities Intermediary directing the Securities Intermediary to establish and maintain the Mandatory Prepayment Account (and any sub-accounts therein with respect to such Secured Obligations) in the Borrower's name in accordance with Section 5.01(a).
Mandatory Prepayment Account. In accordance with Section 5.06(c) of the CASA, the Borrower requests that $[ ] be withdrawn from the Mandatory Prepayment Account and transferred to the [insert name of applicable sub-account] of the Mandatory Prepayment Account for prepayment and redemption of the applicable Secured Obligation, as set forth in greater detail in Part G of the attached Schedule I.
Mandatory Prepayment Account. The Company shall open and prior to the Make-Whole Termination Date maintain the Mandatory Prepayment Account. The Company shall not use any amounts deposited into the Mandatory Prepayment Account in any manner or for any purpose other than (i) prior to the Senior Collection Date, in accordance with the Senior Facility and (ii) on or after the Senior Collection Date, to be transferred into the Collection Account and/or the Distribution Account in accordance with the relevant Interest and Principal Payment Certification and the MBIA Credit Agreement. The Company, or MBIA Corp. on behalf of the Company, may, by written notice to the Trustee, request amounts on deposit in the Mandatory Prepayment Account be transferred into the Collection Account and/or the Distribution Account and upon receipt of such request, the Trustee shall cause such amounts to be so transferred.
