Designated Account definition

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1.

Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

Designated Account means Deposit Account number 210221832 of Borrowers maintained with Lender, or such other deposit account of Borrowers (located within the United States and approved by Lender in Lender’s reasonable discretion) designated, in writing, and from time to time, by Administrative Borrower to Lender.

Examples of Designated Account in a sentence

• Upon the City's registration of Contractor with the City's web-based supplier portal, Contractor shall enter into the portal the appropriate banking information corresponding to the account to which Contractor elects to have the City send financial payments due pursuant to this Agreement (the "Designated Account").

• Contractor acknowledges and accepts that the City shall send financial payments due to Contractor to the Designated Account, and the City shall bear no liability for any error in the information provided by Contractor with respect to the Designated Account.

• The City has no obligation to independently investigate the information provided by Contractor with respect to the Designated Account.

• Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Advances requested by Borrower and made by Agent or the Lenders hereunder.

• Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

More Definitions of Designated Account

Designated Account has the meaning specified in Section 1.2(c).

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1 to this Agreement (or such other Deposit Account of Administrative Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrowers to Agent).

Designated Account means the Account designated by you (and which designation we have approved) for the time being for the purpose of carrying out Card Transactions.

Designated Account means (a) so long as the Administrator or one of its Affiliates is the sole Certificateholder, the account designated by such Certificateholder (which need not be under the control of the Paying Agent) and (b) at any time thereafter, the Certificate Distribution Account.

Designated Account means that certain DDA of Borrower identified on Schedule D-1.

Designated Account means, with respect to transactions in U.S. dollars for the Borrower, the account of the Borrower maintained by the Administrative Agent at the Branch of Account for the purposes of transactions in such currency under this agreement.

Designated Account has the meaning specified in Section 2.4(b).