Facility Account definition

Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.
Facility Account means Dairy Group’s Account No. 2000013850892 at Wachovia Bank, National Association (formerly known as First Union National Bank), ABA No. 000000000.
Facility Account means the account numbered 0000000 maintained by Seller in the name of “PDC Funding Company, LLC” at JPMorgan, together with any successor account or sub-account.

Examples of Facility Account in a sentence

  • Upon notice to Seller, Agent (on behalf of itself and/or any Purchaser) may debit the Facility Account for all amounts due and payable hereunder.

  • Upon notice to Seller, the Agent may debit the Facility Account for all amounts due and payable hereunder.

  • On each Purchase Date, upon satisfaction of the applicable conditions precedent set forth in Article VI, each applicable Purchaser shall deposit to the Facility Account, in immediately available funds, no later than 2:00 p.m. (New York time), an amount equal to such Purchaser’s portion (based on each Purchaser Group’s Ratable Share and, if applicable, such Purchaser’s Available Commitment) of the requested Purchase Price.

  • Upon notice to the Administrative Seller, the Agent may debit the Facility Account for all amounts due and payable hereunder.

  • Upon notice to Borrower, the Agent may debit the Facility Account for all amounts due and payable hereunder.


More Definitions of Facility Account

Facility Account means, as the context requires, all or any one of the Collection Accounts or the Seller Operating Accounts.
Facility Account means Seller’s Account No. 10-45863 at JPMorgan Chase Bank, N.A.
Facility Account means Borrower’s account no. 8800849666 at SunTrust Bank.
Facility Account the Members Loan Account, Account Number Facility Amount $ or such other sum as may be varied in accordance with this Agreement. Facility Term: 5 years from the Commencement Date. Fees: means those fees payable by the Member to the Credit Union to cover the costs incurred by the Credit Union in connection with the Facility and this Agreement. Interest: means interest at the Annual Interest Rate payable to the Credit Union in respect of this Agreement as varied from time to time.
Facility Account has the meaning set forth in the Collection Account Disclosure Letter.
Facility Account has the meaning set out in clause 1.2. facility amount for a facility account, is the maximum amount of credit we may make available to you on the account as set out in the schedule as varied from time to time.
Facility Account means the account numbered 7024149366 maintained by Seller in the name of “PDC Funding Company II, LLC” at FTB, together with any successor account or sub-account.