Temporary Loan Account definition

Temporary Loan Account has the meaning specified in Section 2.03(b) (Procedure for Making of Loan).

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Examples of Temporary Loan Account in a sentence

• The Company shall have entered into the Control Agreement with the Initial Lender and the bank where the Temporary Loan Account for the Initial Lender is located, on terms and conditions satisfactory to the Initial Lender.

• The Company shall have entered into Control Agreements with each Initial Lender and the bank where the Temporary Loan Account for each Initial Lender is located, on terms and conditions satisfactory to such Initial Lender.