Borrower Funding Account definition

Borrower Funding Account. The Deposit Account maintained by each Borrower for the purposes of funding certain acquisition related expenses.
Borrower Funding Account means the account listed for the Borrowers in Exhibit A-1 or such other Deposit Account as the Administrative Borrower may from time to time specify in writing to the Administrative Agent.
Borrower Funding Account means a deposit account (as defined in Article 9 of the UCC) of the Borrower established and maintained at the Depositary Bank, which shall be established on or prior to the Account Establishment Date and shall at all times thereafter be subject to a Blocked Account Control Agreement.

Examples of Borrower Funding Account in a sentence

  • Following the opening and establishment of the Borrower Funding Account, the Borrower shall at all times thereafter maintain the Borrower Funding Account and cause the Borrower Funding Account to be subject to a Blocked Account Control Agreement.

  • All Revolving Advances made hereunder shall be made available to the Borrowers at the Borrower Funding Account.

  • The Borrower shall not have any right to withdraw any amounts from the Borrower Funding Account or to direct the Depositary Bank to release or distribute any amounts contained in the Borrower Funding Account.

  • The solid lines are the “exact” calculations of Staszewska & Wolniewicz [89] and dashed lines are from theCCC(251,6) model of the current work.

  • On or prior to the Account Establishment Date, the Borrower shall open and establish the Borrower Funding Account at the Depositary Bank.


More Definitions of Borrower Funding Account

Borrower Funding Account means an account (number 51948) in the name of the Borrower and maintained with the Account Bank.
Borrower Funding Account means an account (number UBSAFL.5) in the name of the Borrower and maintained with the Account Bank.
Borrower Funding Account means the account in the name of the Borrower at the Account Bank number 00000000 charged to the Lender under the Borrower Funding Account Charge.
Borrower Funding Account means an account in the name of the Borrower at the Account Bank number 36156892 assigned to the Lender under the Borrower Funding Account Assignment.
Borrower Funding Account means an account (with an account number to be specified in Schedule VI hereto) in the name of the Borrower and maintained with the Account Bank.
Borrower Funding Account means an account in the name of the Borrower at the Account Bank number 36140000 xxxrged in favour of the Lender under the Borrower Funding Account Assignment.
Borrower Funding Account means that certain account in the name of the Account Bank with ABA Number 000000000 and Account Number 129550-001.