Concentration Bank Agreement definition

Concentration Bank Agreement means the Amended and Restated Concentration Bank Agreement among the Company, the Concentration Bank and the Collateral Agent on behalf of the Banks and the Bank Swap Parties, substantially in the form of Exhibit K.
Sample 1Sample 2
Concentration Bank Agreement means either (i) that certain Concentration Bank Agreement dated as of October 20, 1994, executed and delivered pursuant to the Original Credit Agreement by the Borrower, the Agent and NationsBank of Tennessee, N.A., as concentration bank, a copy of which is annexed hereto as EXHIBIT O, as such Concentration Bank Agreement has heretofore been, and as it hereafter may be, amended, amended and restated, supplemented or otherwise modified from time to time (the "EXISTING CONCENTRATION BANK AGREEMENT"), or (ii) an agreement replacing the Existing Concentration Bank Agreement, substantially in the form annexed hereto as EXHIBIT O, entered into pursuant to Section 12(b) of the Existing Concentration Bank Agreement by and among the Borrower, the Agent and one of the Banks, as the concentration bank, and delivered to the Agent and Banks by the Borrower.
Sample 1Sample 2
Concentration Bank Agreement means a Concentration Bank Agreement substantially in the form annexed hereto as EXHIBIT N, entered into by and among the Borrower, the Active Subsidiaries, the Agent and one of the Banks, as the concentration bank, and delivered to the Agent and Banks by the Borrower.
Sample 1

Examples of Concentration Bank Agreement in a sentence

  • The Members are bound to the Rules and Procedures by signing the Clearing Membership Agreement and the Approved Settlement Banks and Concentration Banks are bound to the Settlement Finality Procedures by the signing the Settlement Bank Agreement or the Settlement and Concentration Bank Agreement (as the case may be).

  • Office staff will take all mail to the post office on the last working day of the week.

  • The Company shall during the term of this Agreement maintain the existing cash management system including its network of Lockbox, Collection Deposit Account and Concentration Account pursuant to the Collection Bank Agreement and the Concentration Bank Agreement.

  • All expenses for the maintenance of the Concentration Account or any other Deposit Account and all expenses arising under this Concentration Bank Agreement not paid as provided above are the responsibility of the Borrower.

  • Concentration Bank shall have no obligation to review or confirm that any actions taken pursuant to this Concentration Bank Agreement comply with the Borrower Security Agreement or any other agreement or document.

  • Neither the Company nor any of its Subsidiaries has or maintains any bank or other account containing or receiving proceeds of the Collateral except the Collection Deposit Account and the Concentration Account disclosed in the Collection Bank Agreement and the Concentration Bank Agreement (including the schedules thereto), and accounts in connection with the granting of Liens permitted under Section 8.01(g), (m), (o) or (u) other than the Permitted PACC Accounts.

  • Neither the Company nor any of its ----------------------- Subsidiaries has or maintains any bank or other account containing or receiving proceeds of the Collateral except the Collection Deposit Account and the Concentration Account and the Retail Accounts disclosed in the Collection Bank Agreement and the Concentration Bank Agreement (including the schedules thereto).

  • The Servicer or, if Fremont Financial is no longer the Servicer, Fremont Financial, (i) shall promptly, but in no event more than five days following the date of deposit of any Gross Collections into the Lock-Box Accounts, remit or cause to be remitted the payments on the Advances to a Concentration Account and (ii) shall cause each Concentration Account to be subject to a Concentration Bank Agreement.

  • The rights, remedies, and benefits of the Agent herein provided are cumulative and not exclusive of any other rights, remedies, or benefits that the Agent may have under this Agreement, the Concentration Bank Agreement, the Borrower Security Agreement, the Credit Agreement, any other Credit Document, or at law, in equity, by statute, or otherwise.

  • In the event that the Transferor or Fremont Financial enters into a Concentration Bank Agreement with a Concentration Bank with which the Transferor or Fremont Financial had not entered into a Concentration Bank Agreement at the date hereof, the Transferor shall deliver, or cause Fremont Financial to deliver, to the Trustee and the Liquidity Agent a copy of the executed Concentration Bank Agreement within three Business Days of its execution.


More Definitions of Concentration Bank Agreement

Concentration Bank Agreement means an agreement among Fremont Financial, the Trustee and a Concentration Bank substantially in the form of Exhibit I-2 to the Pooling and Servicing Agreement.
Sample 1
Concentration Bank Agreement means an agreement between the Company, the Agent, and Bank of America, as concentration bank, in form and substance reasonably satisfactory to the Agent, as amended, supplemented, restated, or otherwise modified from time to time in accordance with the provisions hereof or thereof.
Sample 1
Concentration Bank Agreement means (i) that certain Concentration Bank Agreement to be executed and delivered by the Borrower, the Agent and the Concentration Bank, pursuant to Section 7.16(ii) in substantially the form annexed hereto as EXHIBIT D, as such Concentration Bank Agreement hereafter may be, amended, amended and restated, supplemented or otherwise modified from time to time, and (ii) until Bank of America, N.A. shall have transferred all amounts in the concentration account held by it, as Concentration Bank, that certain Concentration Bank Agreement dated as of November 1, 2000 among Bank of America, N.A., Borrower and Agent.
Sample 1

Related to Concentration Bank Agreement

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Bank Agreement means an agreement made by the Trustee with a Bank of a kind referred to in Clause 14(5);

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

  • Issuing Bank Agreement has the meaning assigned to such term in Section 2.05(i).

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Account Agreement means the agreements for the operation of the Account.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

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

  • Concentration means the weight of any given material present in a unit volume of liquid. Unless otherwise indicated in this permit, concentration values shall be expressed in milligrams per liter (mg/l).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Lock-Box Agreement With respect to any Mortgage Loan or Serviced Loan Combination, the lock-box or other similar agreement, if any, between the related originator(s) and the Mortgagor, pursuant to which the related Lock-Box Account, if any, may have been established.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.