OpCo Account definition

OpCo Account means any Earnings Account in respect of the Collateral Rig pledged by OpCo in favor of the Collateral Agent pursuant to the Note Documents.
OpCo Account means a Rand denominated bank account held in the name of Opco in South Africa.

Examples of OpCo Account in a sentence

  • All Requisition Compensation received by an Assignor shall be immediately deposited into either the OwnCo Account or the OpCo Account and shall be applied in accordance with the terms of the Indenture.