Concentration Account Bank definition

Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

Concentration Account Bank means the bank maintaining the Concentration Account.

Examples of Concentration Account Bank in a sentence

• Funds deposited in the Concentration Account shall be held therein, in trust for Administrative Agent, and Administrative Agent shall instruct the Concentration Account Bank to withdraw, on a daily basis, funds then on deposit in the Concentration Account and deposit such funds in the Collection Account subject to the terms of the Concentration Account Control Agreement.

• OFFERPAD SPE BORROWER A, LLC shall have established the Operating Account with the Account Bank and the Concentration Account with the Concentration Account Bank.

• The Collection Agent shall instruct all Obligors to cause all Collections to be deposited directly to a Special Account and shall take, or omit to take, all actions in respect of Obligors, the Special Account Banks, Intermediate Concentration Account Banks and the Concentration Account Bank solely in a manner that is consistent with the terms of this Agreement, including, without limitation, Sections 2.8, 5.1(h), 5.2(e) and 5.2(f) hereof.

• Each Credit Party represents and warrants that it does not now maintain, and will not in the future maintain, any other Concentration Account with any Concentration Account Bank other than the applicable Concentration Account; provided, however, that each such Credit Party shall be permitted to establish new Concentration Accounts pursuant to the terms of the Security Agreement.

• The name and address of the Concentration Account Bank, together with the account number of the Concentration Account of the Borrower at such Concentration Account Bank is specified in Schedule II.

More Definitions of Concentration Account Bank

Concentration Account Bank means the financial institution at which the Concentration Account is maintained.

Concentration Account Bank means the bank holding the Concentration Account.

Concentration Account Bank means Bank of America, N.A. or, with the prior written consent of the Administrative Agent, another bank or financial institution.

Concentration Account Bank means Wells Fargo Bank, National Association, in its capacity as bank with respect to the Concentration Account.

Concentration Account Bank has the meaning ascribed to it in Annex C.

Concentration Account Bank and “Concentration Accounts Banks” have the meanings specified in Annex A.

Concentration Account Bank shall have the meaning ascribed to that term in Section 2.5(b)(ii).