Account Agent definition

Account Agent shall have the meaning ascribed to such term in Section 2.1 of this Agreement.
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Account Agent has the meaning assigned to such term in the Intercreditor Agreement.
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Account Agent means a recognized account agent who is designated as either an account representative or an account viewing agent;
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Examples of Account Agent in a sentence

  • Issuer Account Agent: Citibank N.A., a limited liability company organised under the laws of the USA, acting through its United Kingdom branch.

  • On the Signing Date the Issuer will enter into the Issuer Account Agreement with the Issuer Account Bank and the Issuer Account Agent, under which the Issuer Account Bank agrees to pay an interest rate on the balance standing to the credit of each of the Issuer Accounts from time to time as agreed by the Issuer and the Issuer Account Agent.

  • Expense Management - From the Operating Account, Agent shall regularly and punctually and in the order and priority set forth below disburse the following: The payment(s) required under the Mortgage Loan and any other loans from the Authority, including hazard and commercial liability insurance premiums, taxes and assessments, interest and principal on the Mortgage Loan, deposits to the Replacement Reserve Fund and any other reserves or escrows, as required by the Regulatory Agreement.

  • Convenience Account Agent (Single-Party Accounts only) - A convenience account, as defined by Florida law, means a deposit account other than a certificate of deposit, in the name of one individual, in which one or more individuals have been designated as agent with the right to make deposits to and withdraw funds from or draw checks on such account on the owner’s behalf.

  • Upon receipt of such written designation signed by Underwriter and the Company, the Deposit Account Agent shall promptly deliver the Deposit Funds to such successor and shall thereafter have no further obligations hereunder.

  • In addition, the Company shall be obligated to reimburse Deposit Account Agent for all fees, costs and expenses incurred or that become due in connection with this Agreement or the Deposit Account, including reasonable attorney’s fees.

  • The Company and Underwriter agree to complete and sign all forms or agreements required by the Deposit Account Agent for that purpose.

  • Agent shall collect a Cleaning, Damage and Performance Deposit and/or a Pet Deposit at time of lease signing and deposit these amounts in the Agent’s Security Deposit Trust Account: Agent may retain, on behalf of the owner, any or all of the deposit as deemed necessary to pay any incurred costs due under the terms of the tenant’s deposit agreement.

  • Deposit Account Agent shall be entitled, for the duties to be performed by it hereunder, to a fee as set forth on Schedule III.

  • If such instructions are not received within 30 days following the effective date of such resignation, then the Deposit Account Agent may deposit the Deposit Funds held by it pursuant to this Agreement with a clerk of a court of competent jurisdiction pending the appointment of a successor.


More Definitions of Account Agent

Account Agent means HSBC Bank plc, Tel Aviv Branch in its capacity as the Account Agent under the Accounts Agreements, or any successor thereto pursuant to the terms thereof.
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Account Agent means SunTrust Bank, or such other banking institution as may be acceptable to the Required Holders.
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Account Agent shall have the meaning set forth in Section 5.5(f) hereof.
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Account Agent means The Bank of New York An “affiliate” of any Person means another Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such first Person. The term “Control” (including, with correlative meaning, the terms “Controlled by” and “under common Control with”), as used with respect to any entity, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such entity, whether through the ownership of voting securities, by contract or otherwise.
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Related to Account Agent

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Equity Account Administrator means the brokerage firm utilized by the Company from time to time to create and administer accounts for participants in the Company’s equity plans and programs, including the Plan.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Account Agreement means the agreements for the operation of the Account.

  • Depositary Bank means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • 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.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Control Agent has the meaning specified in the Intercreditor Agreement.

  • Securities Intermediary The meaning specified in Section 8-102(a)(14) of the UCC.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

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

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Custody Account means each Securities custody account on Bank's records to which Financial Assets are or may be credited pursuant hereto.

  • Fund Custody Account means any of the accounts in the name of the Trust, which is provided for in Section 3.2 below.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.