Designated Deposit Account definition

Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

Designated Deposit Account is the multicurrency account denominated in Dollars, account number , maintained by Borrower with Bank.

Designated Deposit Account means a deposit account to be maintained by Borrower with Xxxxx Fargo or one of its Affiliates, as from time to time designated by Borrower by written notification to the Administrative Agent.

Examples of Designated Deposit Account in a sentence

• The Servicer shall not make any withdrawals from the Collection Account or the Designated Deposit Account during such period.

• On each Business Day thereafter, the Servicer shall deposit to the Collection Account or, if the Collection Account has not been established, the Designated Deposit Account, within one (1) Business Day of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account or, if the Collection Account has not been established, the Designated Deposit Account.

• From and after the date the Administrative Agent exercises its right to take exclusive control of the Collection Account, or if the Collection Account has not been established, the Designated Deposit Account, all withdrawals and distributions to be made from the Collection Account, the Designated Deposit Account or any other Deposit Account by the Servicer hereunder shall be made by the Administrative Agent.

More Definitions of Designated Deposit Account

Designated Deposit Account is Borrower’s deposit account, account number 3300345156 (routing number 000000000), maintained with Agent.

Designated Deposit Account is Borrower’s deposit account, account number 0000000000, maintained with Silicon Valley Bank.

Designated Deposit Account is the account number ending 399 (last three digits) maintained by Borrower with Bank (provided, however, if no such account number is included, then the Designated Deposit Account shall be any deposit account of Borrower maintained with Bank as chosen by Bank).

Designated Deposit Account means a deposit account to be maintained by Borrower with Wells Fargo or one of its Affiliates, as from time to time designated by Borrower by written notification to the Administrative Agent.

Designated Deposit Account is the account number ending [________________________] (last three digits) maintained by Borrower with Bank (provided, however, if no such account number is included, then the Designated Deposit Account shall be any deposit account of Borrower maintained with Bank as chosen by Bank).

Designated Deposit Account is the deposit account established by Borrower with Bank for purposes of receiving Credit Extensions.

Designated Deposit Account means a deposit account designated by a Borrower in its Request for Loan submitted with respect to each Loan.