DB Account definition

DB Account means the account established in accordance with paragraph 5.04(b) of Part 1.

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DB Account shall have the meaning provided in Section 5.03(d).

DB Account means each DB Netherlands Account and each DB U.S. Account.

Examples of DB Account in a sentence

• Without notice to or assent by any Assignor, the Collateral Agent may apply any or all amounts then in, or thereafter deposited in, the DB Account in the manner provided in Section 7.4 of this Agreement.

• No Loan Party shall establish or maintain any deposit accounts or securities accounts, other than (i) for no more than thirty (30) days after the Closing Date, the DB Account, and (ii) the accounts permitted to exist under the Depositary Agreement or as otherwise permitted under the Loan Documents (including accounts established in connection with the granting of the Liens described in clause (q) of the definition of “Permitted Liens”).

• Borrowers shall cause all amounts deposited in each Lock Box Account to be transferred on each Business Day to the DB Account in accordance with the terms of the applicable Lock Box Agreement.

• Borrowers have established, pursuant to the Prepetition Credit Facilities, a system of accounts and procedures for the collection and deposit of payments in respect of the Loan Parties' Accounts and the transfer of amounts so deposited to the DB Account pursuant to certain Control Agreements and Lock Box Agreements.

• All moneys, securities and instruments at any time deposited or held in the DB Account hereunder shall be held by the Collateral Agent as Collateral for all purposes of this Agreement.

More Definitions of DB Account

DB Account means the account established in accordance with paragraph 5.04(b).

DB Account means each DB Canadian Account and each DB U.S. Account.

DB Account shall have the meaning given to such term in Section 2.6(c). DBTCo shall mean Deutsche Bank Trust Company Americas, in its individual capacity and its successors and assigns. Default shall mean an event, condition or default which with the giving of notice, the passage of time or both would be an Event of Default. Defaulting Lender shall have the meaning given to such term in Section 2.4(c). Disbursement Account shall have the meaning given to such term in Section 2.3(b). Dissenters’ Rights Condition shall mean that stockholders of Holding shall not have exercised dissenters’ or appraisal rights with respect to shares of the capital stock of Holding valued, in the aggregate, at more than $10,000,000 based on the consideration for each class of capital stock to be paid under the Merger Agreement (namely the IPO price for each share of common stock, $816.68 for each share of Series A Preferred Stock and $1,000 for each share of Series B Preferred Stock). Dividend shall have the meaning given to such term in Section 8.6.

DB Account shall have the meaning provided in the U.S. Security Agreement.

DB Account shall have the meaning provided in Section 4.03(f)(ii).

DB Account shall have the meaning provided in Section 3.9.

DB Account means the account maintained by BEC with Deutsche Bank Trust Company Americas (account number: SB3747.1).