Bank Agency Agreement definition

Bank Agency Agreement means an agreement satisfactory to Agent among Agent, for the benefit of Lenders, Borrower and its Subsidiaries and each bank at which Borrower or any of its Subsidiaries maintain depository accounts.
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Bank Agency Agreement see Section 6.1.
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Bank Agency Agreement means an agreement (or series thereof), satisfactory in form and substance to Lender, among Lender, each Borrower and each bank at which such Borrower maintains depository accounts respecting the manner of receipt, collection and disposition of funds of such Borrower constituting proceeds from the sale of Inventory, the collection of Accounts and the disposition of other Collateral. Without limitation, the foregoing shall include "blocked account" agreements, "agency" agreements and "lockbox" agreements.
Sample 1

Examples of Bank Agency Agreement in a sentence

  • Borrower will not and will not permit any of its Subsidiaries to establish any new bank accounts without prior written notice to Agent and unless the bank enters into a Bank Agency Agreement.

  • The results reported represent the weighted average of all analyses performed on each sample.

  • Prior to the date of the initial Loan, Borrower, Master Account Bank and such other Persons as are designated by Agent shall enter into a Bank Agency Agreement (herein, as the same may be amended, modified or supplemented from time to time, called the "BANK AGENCY AGREEMENT").

  • Following the date hereof, no Grantor shall establish any deposit account with any financial institution unless such Grantor shall have given the Collateral Agent five Business Days’ prior written notice of its intent to open such account (or such other notice as may be acceptable to the Collateral Agent) and, if requested by the Collateral Agent, the Collateral Agent and such Grantor shall have entered into a Bank Agency Agreement with such financial institution.

  • Pursuant to, and subject to the terms and conditions of the Bank Agency Agreement, items deposited in the Lockbox shall be credited to the Master Account.

  • Pursuant to, and subject to the terms and conditions of, the Bank Agency Agreement, items deposited in the Lockbox shall be credited to the Master Account.

  • Following the Closing Date, no Debtor shall establish any deposit account with any financial institution unless prior thereto, at the request of Secured Party, the Secured Party and such Debtor shall have entered into a Bank Agency Agreement with such financial institution.

  • Agent shall maintain at Master Account Bank the account identified as the "MASTER ACCOUNT" in the Bank Agency Agreement (herein called the "MASTER ACCOUNT") and Borrower shall maintain a lockbox with the Master Account Bank (herein called the "Lockbox").

  • A second supporting argument is that the “where you reside” provision relates to an underwriting requirement, and is not intended to be interpreted in the context of denying actual coverage.

  • Prior to the date of the initial Loan, Borrower, Agent Bank and such other Persons as are designated by Lender shall enter into a Bank Agency Agreement (herein, as the same may be amended, restated, modified or supplemented from time to time, called the "Bank Agency Agreement").


More Definitions of Bank Agency Agreement

Bank Agency Agreement shall have the meaning assigned to such term in Section 2.16 hereof.
Sample 1
Bank Agency Agreement an agreement, reasonably satisfactory in form and substance to Agent, among Agent, a Borrower and each bank at which such Borrower maintains depository accounts respecting the manner of receipt, collection and disposition of funds of such Borrower constituting proceeds from the sale of Inventory, the collection of Accounts and the disposition of other Collateral and to include, in any event, a waiver by such bank of any rights against funds deposited in accounts which are the subject of such agreement and an agreement to remit funds in such accounts to such account as Agent shall direct for application to the Obligations. Without limitation, the foregoing shall include "blocked account" agreements, "agency" agreements and "lockbox" agreements.
Sample 1
Bank Agency Agreement shall have the meaning ascribed thereto in Section 4.5 hereof.
Sample 1
Bank Agency Agreement means a bank agency or blocked account agreement in form and substance satisfactory to Lender among Lender, Borrower, Property Manager, if applicable, and each bank or other financial institution which holds one or more depository accounts of Borrower or Property Manager acknowledging Lender's lien upon such account(s) and the funds therein, the bank's or financial institution's no off-set agreement and Lender's ability to block the account(s) during the continuance of an Event of Default.
Sample 1
Bank Agency Agreement means that certain Bank Agency Agreement by and among Agent Bank, each Debtor, Lender, First Source Financial, Inc. and The Bank of New York, dated as of the date hereof, as the same may be amended, restated, modified or supplemented from time to time, or any similar agreement entered into among a bank serving in the capacity as agent for Lender, any Debtor, First Source Financial, Inc. and The Bank of New York, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Sample 1
Bank Agency Agreement means the bank agency agreement dated as of the Closing Date in the form of Exhibit 1.1A to be executed in favor of the Agent by Xxxxx Fargo Bank, N.A. and the Borrower, as amended, modified, restated or supplemented from time to time.
Sample 1

Related to Bank Agency Agreement

  • Fiscal Agency Agreement The Uniform Fiscal Agency Agreement between Xxxxxxx Mac and the Federal Reserve Bank of New York.

  • Global Agency Agreement The global agency agreement between Xxxxxxx Mac and the Global Agent, dated as of the Closing Date.

  • Collateral Agency Agreement means that certain Collateral Agency Agreement, dated as of the Issue Date, made by and among the Issuers, the other Grantors, the Trustee, the Collateral Agent and each other Secured Debt Representative, as amended, modified, renewed, restated or replaced, in whole or in part, from time to time, in accordance with its terms.

  • Auction Agency Agreement means the agreement between the Fund and the Auction Agent which provides, among other things, that the Auction Agent will follow the Auction Procedures for purposes of determining the Applicable Rate for shares of a series of MuniPreferred so long as the Applicable Rate for shares of such series is to be based on the results of an Auction.

  • Agency Agreement means the agency agreement entered into on or before the First Issue Date, between the Issuer and the Agent, or any replacement agency agreement entered into after the First Issue Date between the Issuer and an agent.

  • Placement Agency Agreement means the Placement Agency Agreement by and between the Company and the Placement Agent dated the date hereof.

  • Calculation Agency Agreement means the Calculation Agency Agreement, dated as of December 21, 2006 between the Company and the Calculation Agent, as amended from time to time, or any successor calculation agency agreement.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Factoring Agreement means an agreement by and between a Borrower or a Subsidiary of a Borrower and a Factoring Company pursuant to which a Borrower or such Subsidiary shall, pursuant to customary terms for the size and type of transaction involved, sell, transfer and assign its rights, title and interests in certain accounts receivable, specifically identified therein, to a Factoring Company.

  • Bank Agreement means an agreement made by the Trustee with a Bank of a kind referred to in Clause 14(5);

  • Paying Agency Agreement means one or more Paying Agency Agreements made

  • Banking Services Agreement means any agreement entered into by the Borrower or any Subsidiary in connection with Banking Services.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • ABL Facility Documents means the agreements and other instruments governing the ABL Facility, together with any guarantees thereof and any security documents, other collateral documents and other instruments relating thereto (including documents and instruments governing Hedging Obligations required by the ABL Facility or relating to ABL Obligations).

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • GE Capital Fee Letter means that certain letter, dated as of the Closing Date, between GE Capital and Borrower with respect to certain Fees to be paid from time to time by Borrower to GE Capital.

  • Fiscal Agent Agreement As defined in Section 8.13.

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.