Designated Account definition

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 the Deposit Account of Administrative Borrower identified on Schedule D-1.
Designated Account has the meaning specified in Section 1.2(c).

Examples of Designated Account in a sentence

  • The table in Schedule 1 of this DFIL sets out the disbursement methods which may be used by the Recipient, information on registration of authorized signatories, processing of Withdrawal Applications (including minimum value of applications and processing of advances), instructions on supporting documentation, and frequency of reporting on the Designated Account.


More Definitions of Designated Account

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.
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 that certain DDA of Borrower identified on Schedule D-1.
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, with respect to transactions in a particular currency 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 means an account of Borrower maintained with Borrower’s Designated Account Bank, or such other deposit account of Borrower (located within the United States) that has been designated as such, in writing, by Borrower to Agent.
Designated Account has the meaning specified in Section 2.4(b).