Master Deposit Account definition

Master Deposit Account means the deposit account governed by the Master Deposit Account Control Agreement.
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Master Deposit Account means a deposit account of the Issuer to be established and maintained with the Collateral Agent upon the occurrence of an Event of Default.
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Master Deposit Account means (a) in the case of WRC and its Subsidiaries, the Deposit Account of WRC established and maintained with the Administrative Agent and designated by WRC as its Master Deposit Account, (b) in the case of JLC and its Subsidiaries, the Deposit Account of JLC established and maintained with the Administrative Agent and designated by JLC as its Master Deposit Account, and (c) in the case of Holdings, either such Deposit Account.
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Examples of Master Deposit Account in a sentence

  • The Bank will look at the end of day Ledger Balance in the Deposit Accounts to determine whether either a sweep will occur, for example, from the Master Deposit Account to a Deposit Sub-Account, or the Loan Payment Source Account to the Loan Account under this Service Description.

  • On a daily basis, MidCap would sweep the Master Deposit Account in order to pay the Debtors’ joint loan obligations to MidCap.

  • MA3-70105 NA Page 11 of 14EXHIBITD AUXILIARY DEPOSIT ACCOUNT To MASTER ESCROW AGREEMENT(NOTE: To BE COMPLETED ONLY IF DEPOSITOR ESTABLISHED A MASTER ESCROW AGREEMENT) Master Deposit Account Number: _ Auxiliary Account Number ~ Tyler Technologies, Inc.

  • Contractor shall be responsible for providing County with the relevant documentation and the Master Deposit Account Number, to validate the Escrow Agreement, within thirty (30) calendar days from the execution date of this Contract.

  • The decision for Health and Human Services banking services will be made separate from the County’s Master Deposit Account.

  • Borrowers, Lender and the Deposit Bank shall also enter into a Master Deposit Account Agreement (the "MASTER DEPOSIT ACCOUNT AGREEMENT") pursuant to which an Eligible Account controlled by Lender shall be established at the Deposit Bank (the "MASTER DEPOSIT ACCOUNT") into which funds shall be swept in accordance with the terms of the Deposit Account Agreements and this Agreement.

  • Friedman's Master Disbursements Account (as defined herein) is then funded from the Master Deposit Account.

  • To the extent the Account Balance in any Deposit Sub-Account would fall below the Target Balance on any business day, Company hereby authorizes the Bank to automatically transfer funds from the Master Deposit Account to the Deposit Sub-Accounts, as needed, to maintain the Target Balance in each Deposit Sub-Account.

  • The material on this Website is copyrighted information of Plan Sponsor, Mercer or others.

  • Exhibit D Auxiliary Deposit Account to Custom Technology Deposit Account Service Agreement Master Deposit Account Number Auxiliary Deposit Account Number (“Depositor”) and Iron Mountain Intellectual Property Management, Inc.


More Definitions of Master Deposit Account

Master Deposit Account. 4.1 "Master Account Agreement" - 4.1 "Mortgage" - Definition of "Loan Documents" "Note" - 2.1.2 "Oakridge Guarantor" - 4.13 "Oakridge Guaranty" - 4.13 "Oakridge Option Fund" - 4.13 "Operating Budget" - 6.9.5 "Operating Expense Reserve Fund" - 4.7.1
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Master Deposit Account means the account established with the Depositary pursuant to the Master Deposit Account Control Agreement administered by the Trustee pursuant to Section 4.6.
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Master Deposit Account means the master concentration Deposit Account designated by Company.
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Related to Master Deposit Account

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Excluded Deposit Accounts means (i) any payroll account, (ii) any withholding tax, benefits, escrow, trust, customs or any other fiduciary account and (iii) any zero balance deposit account.

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

  • Deposit Account Control Agreement means an agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Deposit Account.