Checking Account Bank definition

Checking Account Bank has the meaning given in Section 7.11.1.
View Source
Checking Account Bank has the meaning given in Section 3.6.1 of the Depositary Agreement.
View Source
Checking Account Bank means Union Bank N.A., or any other bank or other financial institution reasonably selected by Borrower with respect to the Checking Accounts or the Exergy Escrow Account.
View Source

Examples of Checking Account Bank in a sentence

  • In addition, Borrower shall, and shall cause the Checking Account Bank to, promptly respond to requests by Lender for information regarding deposits, investments and transfers into, in respect of the Checking Account.

  • Borrower shall request the Checking Account Bank to maintain books of account on a cash basis and record therein all deposits into and transfers to and from the Checking Account and all investment transactions effected by the Checking Account Bank pursuant to the terms hereof and of the Control Agreement.

  • Borrowers shall cause each Checking Account Bank to enter into a Control Agreement.

  • Not later than the 15th day of each month, the applicable Borrower shall cause its Checking Account Bank (if any) to deliver to Collateral Agent a statement setting forth the transactions in the applicable Checking Account during the preceding month (including deposits, withdrawals and transfers from and to such Checking Account) and specifying the amounts held in the Checking Account at the close of business on the last Business Day of the preceding month.

  • You agree to be bound by the terms of any such amendment or change on the earlier of: (i) ten (10) days after XNT has sent or posted notice as aforesaid; or (ii) on the date of the entry of any Instruction or Order other than a liquidating order, following the amendment or change, unless otherwise provided in this Agreement.

  • Business Checking Account Bank of America Spring Valley Banking Center ▇▇▇▇ ▇.