Special Collateral Account definition

Special Collateral Account means that certain interest bearing restricted account maintained by the Collateral Agent for the purpose of receiving and holding Senior Preferential Payments.
Special Collateral Account has the meaning set forth in the Intercreditor Agreement.
Special Collateral Account means that certain restricted account maintained by and under the sole dominion and control of the Designated Lender for the purpose of receiving and holding Post-Default Payments.

Examples of Special Collateral Account in a sentence

  • ICG hereby warrants to Xxxxxxx Xxxxx that this notice is lawful and authorized by the Security Agreement (Special Collateral Account) among ICG, ICG Holdings, ICLP and the Administrative Agent.

  • Special hazards arising from the substance or mixture!Further informationThe mixture is classified as hazardous according to regulation (EC) No 1272/2008 [CLP].

  • Khordha district record-ed the day’s highest 94 cases followed by Sambalpur with 16 and Sundargarh 12,The district which recorded less than 10 cases were Mayurbhanj nine, Jajpur eight, Cuttack six, Jharsuguda f ive, Dhenkanal four, Bhadrak, Deogarh and Nayagarh three each, Angul,Bhadrak, Boudh ,Jagatsinghpur and Khordha two each and Barh, Ganjam, Keonjhar and Rayagada one each.Besides, 22 cases were detected from the State Pool.

  • All amounts deposited into the Special Collateral Account shall be held and invested in accordance with subsection (b) of this Section 3.3 or shall be distributed in accordance with subsection (c) of this Section 3.3. Each Lender shall promptly notify the other Lenders of such Lender’s receipt of a Post-Default Payment and shall promptly deliver to the Designated Lender such amounts for deposit into the Special Collateral Account (with such endorsements as may be required).

  • Notwithstanding the foregoing, no Lender shall be required to deliver to the Designated Lender any Post-Default Payment received prior to the occurrence of an event described in Section 3.3(c) or deposit any such Post-Default Payment into the Special Collateral Account until the time an event described in Section 3.3(c) occurs.


More Definitions of Special Collateral Account

Special Collateral Account shall have the meaning set forth in Section 7.02(b).
Special Collateral Account shall have the meaning assigned to that term in Section 4.01(f).
Special Collateral Account. As such term is defined in Section 9.5.
Special Collateral Account has the meaning assigned to that term in the Collateral Account Control Agreement.
Special Collateral Account shall have the meaning set forth in Section 7.2(b).
Special Collateral Account has the meaning specified in Section 6.24(i) of this Loan Agreement.
Special Collateral Account means the deposit account with Administrative Agent in the name of the Borrower with the account number *. * Confidential terms omitted and provided separately to the Securities and Exchange Commission.