Loss Proceeds Account definition

Loss Proceeds Account has the meaning set forth in Section 3.3(a).

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Loss Proceeds Account has the meaning set forth in Section 2.12(f) hereof.

Loss Proceeds Account has the meaning given in Section 1.1 of the Depositary Agreement.

Examples of Loss Proceeds Account in a sentence

No funds may be released or transferred from the Loss Proceeds Account unless approved by Administrative Agent.
The Loss Proceeds Account shall be under the sole and exclusive control of Administrative Agent pursuant to the terms of an Account Control Agreement.
Notwithstanding anything to the contrary in this Section 6.25 or in any other Loan Document, upon the occurrence and during the continuance of an Event of Default, all Extraordinary Receipts will be paid to Administrative Agent (to the extent not on deposit in the Loss Proceeds Accounts), and all Extraordinary Receipts (including all amounts on deposit in the Loss Proceeds Account) may be withheld or applied by Administrative Agent in any manner Administrative Agent so elects.
All revenues and other cash received in respect of the operation of the Projects, other than the proceeds of any Loan, proceeds from a Disposition and amounts to be deposited in the Loss Proceeds Account or the Real Estate Tax Account, shall be deposited into one or more Revenue Accounts.
All revenues and other cash received in respect of the operation of the Projects, other than the proceeds of the Loan, proceeds from a Disposition and amounts to be deposited in the Loss Proceeds Account or the Real Estate Tax Account, shall be deposited into one or more Revenue Accounts.

Loss Proceeds Account has the meaning assigned to it in the Collateral Agency Agreement.

Loss Proceeds Account means an account maintained by Lender for purposes of depositing any Loss Proceeds.

Loss Proceeds Account means the account designated by that name established by the Company with Depositary pursuant to Section 2.1.

Loss Proceeds Account shall have the meaning assigned to such term in the Depositary Agreement.

Loss Proceeds Account has the meaning given to such term in the Accounts Agreement.

Loss Proceeds Account as defined in Section 2.1(d).

Loss Proceeds Account means the Account so designated established and created under Section 2.2(a) of the Intercreditor Agreement.