Deposit Accounts definition

Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

Deposit Accounts means, collectively, with respect to each Pledgor, (i) all “deposit accounts” as such term is defined in the UCC and in any event shall include the LC Account and all accounts and sub-accounts relating to any of the foregoing accounts and (ii) all cash, funds, checks, notes and instruments from time to time on deposit in any of the accounts or sub-accounts described in clause (i) of this definition.

Examples of Deposit Accounts in a sentence

• As soon as reasonably practicable following the Closing Date and in any event within sixty (60) days after the Closing Date (or such longer period as the Collateral Agent (acting at the direction of the Principal Purchaser) may agree), the Collateral Agent shall have received evidence satisfactory to it that all Deposit Accounts, Securities Accounts, Commodity Accounts, lockboxes or other similar accounts of each Company Party (other than Excluded Accounts) are Controlled Accounts.

• Each Restricted Person will move to Frost Bank within 45 days after the Closing Date (or such later date as Administrative Agent may agree)), and thereafter continuously maintain during the term of this Agreement, all of its Deposit Accounts and Securities Accounts at Frost Bank, in each case, other than Excluded Accounts.

More Definitions of Deposit Accounts

Deposit Accounts means all “deposit accounts” as such term is defined in the Code, now or hereafter held in the name of any Credit Party.

Deposit Accounts shall have the meaning set forth in Article 9 of the UCC.

Deposit Accounts. (i) shall mean all “deposit accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Deposit Accounts” (as such schedule may be amended or supplemented from time to time).

Deposit Accounts shall have the meaning given to such term in the UCC.

Deposit Accounts means all present and future “deposit accounts” as defined in the California Uniform Commercial Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all general and special bank accounts, demand accounts, checking accounts, savings accounts and certificates of deposit.

Deposit Accounts means all demand, time, savings, passbook or similar depository accounts of Borrower with any Person, including Borrower’s operating, payroll, and other bank or depository accounts.

Deposit Accounts means all “deposit accounts” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.