Concentration Account Bank definition

Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).
Concentration Account Bank means the bank holding the Concentration Account.
Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

Examples of Concentration Account Bank in a sentence

  • Funds deposited in the Concentration Account shall be held therein, in trust for Administrative Agent, and Administrative Agent shall instruct the Concentration Account Bank to withdraw, on a daily basis, funds then on deposit in the Concentration Account and deposit such funds in the Collection Account subject to the terms of the Concentration Account Control Agreement.

  • OFFERPAD SPE BORROWER A, LLC shall have established the Operating Account with the Account Bank and the Concentration Account with the Concentration Account Bank.

  • The Concentration Account Bank may charge the Concentration Account for the amounts of any returned check that has been previously credited to the Concentration Account.

  • To the extent insufficient funds remain in the Concentration Account to cover any such returned check, the Grantor shall indemnify the Concentration Account Bank for the uncollected amount of such returned check upon your demand.

  • There has been an increase in membership with growing representation across schools with secondary enrolments and of senior level leaders in our schools.


More Definitions of Concentration Account Bank

Concentration Account Bank means Bank of America, N.A. or, with the prior written consent of the Administrative Agent, another bank or financial institution.
Concentration Account Bank means Wells Fargo Bank, National Association, in its capacity as bank with respect to the Concentration Account.
Concentration Account Bank has the meaning ascribed to it in Annex C.
Concentration Account Bank means the bank or other financial institution at which a Concentration Account or any related Lockboxes are maintained.
Concentration Account Bank and “Concentration Accounts Banks” have the meanings specified in Annex A.
Concentration Account Bank shall have the meaning ascribed to that term in Section 2.5(b)(ii).
Concentration Account Bank. The financial institution listed as Concentration Account Bank on Schedule IX.