Concentration Account definition
Concentration Account has the meaning provided in Section 6.13(c).
Concentration Account has the meaning ascribed to it in Annex C.
Concentration Account has the meaning set forth in Section 2.3.
Examples of Concentration Account in a sentence
The Administrative Agent may otherwise exercise exclusive control with respect to any such Collection Account or Concentration Account, in which case the Loan Parties shall not have any access to such Collection Accounts or Concentration Accounts or provide any instructions to any account bank with respect to such Collection Accounts or Concentration Accounts.
Further, all amounts received in a Concentration Account or Collection Account shall be applied pursuant to this paragraph (b) first against Protective Advances, Overadvances and Revolving Loans denominated in like currency to the currency of the moneys in such Concentration Account or Collection Account.
More Definitions of Concentration Account
Concentration Account. Is defined in Section 7-3.
Concentration Account shall have the meaning provided in Section 5.03(c).
Concentration Account shall have the meaning given such term in Section 2.5.
Concentration Account has the meaning specified in Section 4.04(b).
Concentration Account shall have the meaning provided in Section 9.15(a).
Concentration Account has the meaning specified in Section 8.23(c).
Concentration Account has the meaning provided in SECTION 2.18(d).