LC Account definition

LC Account means any account established and maintained in accordance with the provisions of Section 2.18(i) of the Credit Agreement and all property from time to time on deposit in such LC Account.
LC Account means the cash collateral account established and maintained pursuant to Section 2 hereof.
LC Account means amounts deposited into a designated account held by the Administrative Agent as cash collateral for liabilities in respect of Letters of Credit under any provision of this Agreement requiring such cash collateral.

More Definitions of LC Account

LC Account means a collateral account established and maintained by the Collateral Agent for the benefit of the Secured Parties.
LC Account is defined in Section 6.6(a).
LC Account. Agreement shall mean the LC Account Agreement dated as of the date hereof between the Borrower and the Agent, as amended or modified from time to time.
LC Account as defined in Section 2.4(n).
LC Account means an account maintained by Borrower exclusively for the purposes of securing Indebtedness permitted under clause (i) of the definition ofPermitted Indebtedness” and identified by Borrower to Collateral Agent as such in the Perfection Certificate(s); provided, however, the aggregate balance in such account may not exceed at any time the amount of Indebtedness then outstanding that is permitted under clause (i) of the definition of “Permitted Indebtedness.”

Related to LC Account

  • Credit Account is modified to read “Grant Account”.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

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

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, Performance Guarantor, Servicer, Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Facility LC Collateral Account is defined in Section 2.20.11.