Wachovia Cash Collateral Account definition

Wachovia Cash Collateral Account means the NationsRent Companies, Inc. Account, Account No. 2000014803505, ABA 000000000, established and maintained in the name of the Company, naming the Administrative Agent as secured party, for the benefit of the Lenders, at Wachovia, in Charlotte, North Carolina.
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Examples of Wachovia Cash Collateral Account in a sentence

  • Any amounts on deposit in the Lockbox Accounts, the Wachovia Cash Collateral Account, the Wachovia Funding Account and any replacement or successor accounts relating thereto, as applicable, shall be applied by the Agent in accordance with the terms of the Credit Agreement and the Lockbox Agreement relating thereto.

  • This Proposal and Agreement between the parties does not and shall not be construed to create a partnership, joint venture, agency, or other relationship between the parties, except as specifically established herein.

  • All amounts on deposit in the Lockbox Accounts, the Wachovia Cash Collateral Account, the Wachovia Funding Account and the Concentration Account and any replacement or successor account relating thereto shall be subject to the Lien of the Agent hereunder.

  • SCHEDULE 5 to SECURITY AGREEMENT DEPOSIT ACCOUNTS Financial Institution(s) where Accounts Maintained Name of Account Account Numbers JPMorgan Chase Development Account On File Mellon United Bank Operating/Disbursement account On File Mellon United Bank Payroll Account On File Mellon United Bank Travel Agent Account On File Mellon United Bank Payroll On File Mellon United Bank Operating On File Wachovia Cash Collateral Account On File SCHEDULE 6 to SECURITY AGREEMENT Commercial Tort Claims None.

Related to Wachovia Cash Collateral Account

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Cash Collateral Accounts shall have the meaning given to such term in Section 11.1 hereof.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under its sole dominion and control.

  • Cash Collateral Agreement shall have the meaning provided in Section 5.2(b).

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

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • 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.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Agent maintained at the office of the Agent at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the "Family Golf Centers, Inc. Letter of Credit Account" that shall be used solely for the purposes set forth in Sections 2.02(b) and 2.10(a) and (c).

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Cash Collateralization has a correlative meaning.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.