Designated Account Agreement definition

Designated Account Agreement means a letter agreement, in substantially ---------------------------- the form of Exhibit 5.01(h), among the Transferor, IKON Capital and any --------------- Designated Account Bank.
Sample 1
Designated Account Agreement. The Control Agreement entered between the Depository Banks and the Agent relating to the administration and control of Designated Accounts in form and substance acceptable to the Agent.
Sample 1
Designated Account Agreement means the trust and retention account agreement entered into between the Promoters and the NDU agent appointed in pursuance to the NDU Agency Agreement.
Sample 1

Examples of Designated Account Agreement in a sentence

  • The terms and conditions of the Designated Account Agreement can be incorporated in this contract for reference.

  • I agree to comply with the terms of the Designated Account Agreement at all times while this authorization is in effect.

  • Any modification to this fee will be notified to you, according to the terms of the Designated Account Agreement.

  • In case of a conflict between the terms and conditions of this Agreement and those of the Designated Account Agreement, the Designated Account Agreement will prevail, and thus the terms and conditions of this Agreement will be interpreted as complimentary to those of the Designated Account Agreement.

  • For more information regarding your liability, please refer to your Designated Account Agreement.

  • This Agreement to indemnify and hold harmless does not constitute a waiver by any participant of limitations on liability provided under Minnesota Statues Section 466.04.

  • All present and future electronic banking services will be governed by the terms and conditions of this Agreement and the Designated Account Agreement.

  • I agree to comply with the terms of the Designated Account Agreement at all times while this authorization is in effect(1.7) (c) Dishonored Check or Credit Card.

  • However, there is controversy as to whether or not this practice benefits the user.

  • For more information regarding the procedures applicable to Personal Accounts for the resolution of errors in electronic transfers, please refer to the Electronic Funds Transfers Disclosures at the bottom of this Agreement and/or your Designated Account Agreement.


More Definitions of Designated Account Agreement

Designated Account Agreement means an account control agreement in form and substance satisfactory to the Agents, among Holdco, as debtor, the Administrative Agent, as secured party, and a securities intermediary (as defined in Section 8-102(a)(14) of the UCC) satisfactory to Holdco and the Agents, which agreement shall provide for, among other things, that (a) the Administrative Agent will have control (as defined in Section 8-106 of the UCC) over the Designated Account and the financial assets (as defined in Section 8-102(a)(9) of the UCC) credited thereto, (b) Holdco may only issue entitlement orders (as defined in Section 8-102(a)(8) of the UCC) to such securities intermediary that direct such securities intermediary to transfer or redeem and transfer any such financial asset to (i) pay the Convertible Senior Unsecured Debentures or (ii) the Borrower and (c) such securities intermediary shall agree (i) not to comply with any such entitlement order from Holdco following notice by the Administrative Agent to Holdco that an Event of Default has occurred, (ii) to follow any entitlement order issued to such securities intermediary by the Administrative Agent following the giving of such notice by the Administrative Agent, (iii) waive its right of set-off against the Designated Account and the assets therein and (iv) to treat all cash and all other property in the Designated Account as financial assets (as defined in Section 8-102(a)(9)(iii) of the UCC).
Sample 1

Related to Designated Account Agreement

  • 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”.

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

  • 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.

  • 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 reasonably satisfactory to the Administrative Agent.

  • 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.

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

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

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

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

  • Spread Account Agreement The Spread Account Agreement, dated as of March 25, 1993, as thereafter amended and restated, among the Seller, AFL, the Security Insurer, the Collateral Agent and the trustees specified therein, as the same may be amended, supplemented or otherwise modified in accordance with the terms thereof.

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

  • 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 Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Deposit Account Control Agreement means an agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Deposit Account.

  • 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.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Deposit Account Control Agreements means the deposit account control agreements or blocked account agreements in a form that is reasonably satisfactory to the Agent to be executed by each institution maintaining a deposit account or securities account for any of the Credit Parties, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations to the extent required by Section 4.14(g) or any other provision of this Agreement or any Other Document.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Account Control Agreement means the Account Control Agreement among the Borrower, as debtor, the Collateral Agent, as secured party, and State Street Bank and Trust Company, as depository bank and Securities Intermediary, dated on or about the date hereof.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Account Control Agreement(s) means any agreement entered into by and among the Lender, Borrower and a third party Bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which grants Lender a perfected first priority security interest in the subject account or accounts.

  • Designated Account Bank has the meaning specified therefor in 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).

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