TCB Accounts definition

TCB Accounts means the deposit accounts identified on Schedule One hereto.
Sample 1Sample 2
TCB Accounts. See Deposit Control Agreement.
Sample 1

Examples of TCB Accounts in a sentence

  • The Agent also authorized certain transfersfrom the TCB Accounts to a Signature Account segregated to fund and pay approved costs of the Assignment Cases on an as-needed basis (“Signature Account – Operating”).

  • All receipts on account of the AccountsReceivable have continued to flow directly to the appropriate TCB Accounts, which remain subject to the liens of the Lenders.

  • The Debtor believes, therefore, that its transition to chapter 11 will be more orderly, with a minimum of harm to operations and minimum costs, if the TCB Accounts remain open following the Petition Date.

  • Accordingly, the Debtor respectfully requests authority to maintain the TCB Accounts for the limited purpose as set forth herein.

  • Moreover, as the Debtor intends to regularly reconcile the deposits into the Lockbox Account and transfer any collection on post-petition receivables to the DIP Receipts Account at PlainsCapital Bank, the funds in the TCB Accounts will diminish over time throughout the pendency of this Case.

  • On or about Friday, September 11, 2015, TCB froze the TCB Accounts and is requiring the Debtor to seek permission for any expenses to be paid from the TCB Accounts.

  • The appointment of the Directors and their remuneration as per Policy of the Company which also mentions the criteria for determining qualifications, positive attributes and independence of Directors.

  • The funds transferred2Ffrom the TCB Accounts to the Signature Account – Operating and the Signature Account – Asset Sales constituted “Cash Collateral” 3 of the Lenders.

  • To the extent necessary, the Debtor believes that any funds held in the TCB Accounts, in excess of the amounts insured by the Federal Deposit Insurance Corporation, are secure and that obtaining bonds to secure these funds, as required by Section 345(b) of the Bankruptcy Code, is unnecessary and detrimental to the Debtor’s estates and creditors.

  • Immediately prior to the filing of the Assignment Cases, the Assignors maintained their funds in sixteen different bank accounts at Texas Capital Bank, N.A. (the “ TCB Accounts”).Most of the TCB Accounts were created to allow the appropriate Assignor to receive payments on accounts receivable payable to the specific Assignor, primarily insurance and Medicare reimbursements (the “Accounts Receivable”).

Related to TCB Accounts

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Separate Accounts means the accounts which are to be prepared for each

  • Collection Accounts As defined in Section 3.10(a).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

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

  • Accounts means all presently existing and hereafter arising accounts, contract rights, and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower's Books relating to any of the foregoing.

  • Locked Box Accounts means the accounts in agreed form of the Group Companies, comprising a balance sheet as at the Locked Box Date and profit and loss account for the period which commenced on 18 October 2016 and which ended on the Locked Box Date;

  • Intercompany Accounts has the meaning set forth in Section 2.03(a).

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Series Accounts means, collectively, the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Investment Account As defined in Section 3.12(a).