Borrowing Agent’s Account definition

Borrowing Agent’s Account means the account of the Borrowing Agent maintained as of the Closing Date with Highlands State Bank and bearing account number 0120011705 or such other account as Borrowing Agent may designate in writing to Agent and Lenders.
Sample 1

Examples of Borrowing Agent’s Account in a sentence

  • The proceeds of each Advance requested by Borrowing Agent shall, to the extent Lenders make such Advances in accordance with Section 2.2 or 2.4(b), be made available to the Borrowers on the day so requested by way of credit to the Borrowing Agent’s Account, in immediately available federal funds or other immediately available funds.

Related to Borrowing Agent’s Account

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Agent’s Account means the Deposit Account of Agent identified on Schedule A-1.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Borrowing Agent means any of the following:

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Administrative Agent’s Office means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders.

  • Administrative Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Canadian Administrative Agent means Royal Bank of Canada in its capacity as Canadian administrative agent for the lenders party to the Canadian Credit Agreement and any successor thereto.

  • Lender’s Account means the account identified in Schedule L-1.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Agent maintained at the office of the Agent at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the "Family Golf Centers, Inc. Letter of Credit Account" that shall be used solely for the purposes set forth in Sections 2.02(b) and 2.10(a) and (c).

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of October 17, 1997, between the Agent and the Borrower, as amended, modified, supplemented or replaced from time to time.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in US Dollars or any Letter of Credit, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in any Alternative Currency, the London Agent.

  • Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Administrative Agent Fee shall have the meaning assigned to such term in Section 2.05(b).