Clearing Account means the account so designated and established by Section 5.04(1) hereof.

Clearing Account has the meaning set forth in Section 2.7.1 hereof.

Clearing Account shall have the meaning set forth in Section 6.1.

Examples of Clearing Account in a sentence

To the extent that Borrower, Manager or any other Person on Borrower’s behalf holds any Revenues, whether in accordance with this Agreement or otherwise, (A) such amounts shall be deemed to be collateral for the Debt and shall be held in trust for the benefit of Administrative Agent, (B) such amounts shall not be commingled with any other funds or property of Borrower or Manager, and (C) Borrower or Manager shall deposit such amounts in the Clearing Account within two (2) Business Days of receipt.
NYISO shall make payments, from the NYISO’s Clearing Account, to PJM consistent with Section 7.1A(a) (Payments: Monthly Bills), 7.1A(b) (Payments: Weekly Bills), 7.1A(c) (Payments: Form of Payments), and 7.1A(e) (Payments: Payment Calendar) of the PJM OATT or any successor PJM OATT provision(s).
PJM shall make payments to the NYISO’s Clearing Account consistent with Sections 7.2.3.3 (Payment by the Customer) and 7.2.5 (Method of Payment) of the NYISO Services Tariff or any successor NYISO Services Tariff provision(s).

More Definitions of Clearing Account

Clearing Account means Account No. 4159359173 in the name of the Seller maintained at Wellx Xxxgo Bank, N.A.

Clearing Account shall have the meaning set forth in Section 10.1(a) hereof.

Clearing Account shall have the meaning ascribed to such term in the Cash Management Agreement.

Clearing Account has the meaning assigned in the Clearing Account Agreement.

Clearing Account means Account No. 4159359173 in the name of the Seller maintained at Xxxxx Fargo Bank, N.A.

Clearing Account shall have the meaning set forth in the Mortgage Loan Agreement.

Clearing Account means the depositary account identified as such on Exhibit E into which Collections are collected or deposited.