Concentration Accounts definition

Concentration Accounts has the meaning ascribed to it in Annex C.

Concentration Accounts has the meaning set forth in Section 2.7(a).

Concentration Accounts means, collectively, the deposit accounts of Borrowers identified on Schedule 8.10 of the Information Certificate as the concentration accounts and such other accounts as may be established after the date of this Agreement in accordance with the terms hereof used to receive funds from the Cash Management Accounts; sometimes being referred to herein individually as a “Concentration Account”.

Examples of Concentration Accounts in a sentence

• If a Dominion Period exists, all collected amounts held in the Concentration Accounts shall be applied as provided in Section 5.03(d).

• Each of the Concentration Accounts is owned by a Securitization Entity.

• Open new DDAs, Blocked Accounts, or Concentration Accounts unless the Loan Parties shall have delivered to the Administrative Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise reasonably satisfactory to the Administrative Agent.

• Each Credit Party shall cause the earnings derived from each of the respective Collateral Vessels, to the extent constituting Earnings and Insurance Collateral or Secondary Earnings and Insurance Collateral, to be deposited by the respective account debtor in respect of such earnings into one or more of the Concentration Accounts maintained for such Credit Party from time to time.

• With time, these two elements discouraged long-term investments of companies in tangible fixed assets, by shifting their attention in high-value markets characterized by lower volumes than mass production.

More Definitions of Concentration Accounts

Concentration Accounts means an Eligible Account that, individually, or when aggregated with all other outstanding Accounts of the same Account debtor and such Account debtor's Affiliates, constitute more than ten percent (10%) of the net outstanding balance of all Eligible Accounts of the Customer then outstanding for all Account debtors.

Concentration Accounts has the meaning assigned to such term in Section 5.15(a).

Concentration Accounts means collectively, the Bank of America Concentration Account and any concentration account established by the Canadian Borrower at Bank of America-Canada Branch, together with any and all other concentration accounts opened by any of the Credit Parties and consented to, in writing, by the Agent.

Concentration Accounts has the meaning set forth in Section 6(a).

Concentration Accounts means, collectively, the Canadian Concentration Account and the Domestic Concentration Account.

Concentration Accounts have the meanings specified in Annex A.

Concentration Accounts shall have the meaning assigned to such term in Section 9.02(d).