Facility Agent Account definition

Facility Agent Account means (a) for transactions in Euro, the account of Citibank, maintained by Citibank, N.A., at its office in London, England, Account Xx. 000000, Xxxxxxxxx Xxxxx Xxxxxx, Xxxxx Xxxxxxxxx, (b) for transactions in Dollars, the account of Citibank, maintained by Citibank, N.A., at its office in New York, New York, Account No. 00000000, Attention Loans Agency, Xxxxx Xxxxxxxxx or (c) such other account of Citibank, as is designated in writing from time to time by Citibank, to PMI and the Lenders for such purpose.
Facility Agent Account means the Dollar account of the Facility Agent with XX Xxxxxx Xxxxx, New York, with account number 000-0-000000, and includes any redesignation thereof;

Examples of Facility Agent Account in a sentence

  • Unless expressly provided otherwise by the given Agreement, on every date when any Obligator or a Finance Party under the terms of a Financial Document are obliged to make any payment in favor of any Party, such Obligator or Lender shall transfer the corresponding amount to the Facility Agent Account (unless otherwise provided in the context of the Financial Document) using the currency exchange rate as of the date of the established payment day.

  • Expenses: Reasonable expenses including legal and other out of pocket expenses incurred by the Lenders, the Mandated Lead Arranger, the Facility Agent, Account Bank, establishment, documentation, syndication and execution of the Finance Documents and related documentation plus applicable sales tax will be for the account of the Borrower, subject to any agreed upon caps.

  • Ensure that the crank screw is tightened to the stop, and that the safety screw is tightened.The control unit may only be connected by an authorized representative from Parabel sro or an authorized service company!ATTENTIONPreparing the Control Unit:Place the controls (control unit) on the floor to the left or right of the treadmill.

  • Borrower and a de minimis amount to be agreed in documentation for the Operator for working capital purposes) be swept from the relevant Operating Account to the related Facility Agent Account to be applied in accordance with the relevant proceeds application provision in the applicable Accounts Agreement.

Related to Facility Agent Account

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Agent Account means an account in the name of the Agent designated by the Agent to the Borrower from time to time into which the Borrower shall make all payments to the Agent, for the account of the Agent or the Lenders, as the case may be, under this Agreement.

  • Administrative Agent Fee Letter means that certain fee letter agreement that shall be entered into between the Borrower and the Administrative Agent in connection with the transactions contemplated by this Agreement, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Administrative Agent Fee shall have the meaning assigned to such term in Section 2.05(b).

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Facility Agent has the meaning set forth in the Preamble.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of October 17, 1997, between the Agent and the Borrower, as amended, modified, supplemented or replaced from time to time.

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Collection Agent Fee has the meaning specified in Section 6.03.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Auction Agent Fee has the meaning set forth in the Auction Agent Agreement.

  • Special Agent Advances shall have the meaning set forth in Section 12.11 hereof.

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • 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.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.