Funding Account has the meaning assigned to such term in Section 4.01(h).
Funding Account has the meaning assigned to such term in Section 2.03(f).
Funding Account has the meaning set forth in Section 2.11(a).
Examples of Funding Account in a sentence
The Funding Account will be owned by The Bancorp Bank or such other financial institution used by Paymerang “for the benefit of” Paymerang’s Clients.
After Administrative Agent’s receipt of such funds on the date of such advance, and upon fulfillment of the conditions set forth in Article 4, Administrative Agent shall make such funds as it has received available to Borrowers by depositing such funds into the Funding Account; provided that Administrative Agent shall, at Borrowers’ request, net any Advance due to Borrowers against any amount payable hereunder in accordance with each Xxxxxx’s respective Funding Percentage.
More Definitions of Funding Account
Funding Account means the non-interest bearing demand checking account established with, maintained by, and pledged to Lender into which shall be deposited the proceeds of Advances, the proceeds from any sale of Collateral, and from which funds shall be disbursed for the acquisition of Mortgage Loans.
Funding Account means an account created pursuant to section 3(6) for the deposit of funds and payment of retirement health care benefits under the applicable retirement act.
Funding Account is defined in Section 2.5.
Funding Account. The account established and maintained pursuant to Section 4.02.
Funding Account means the deposit account of the Borrower to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.
Funding Account means the deposit account of Borrower to which Administrative Agent and each Lender is authorized by Borrower in the relevant Borrowing Notice to transfer the proceeds of any Advance requested pursuant to this Agreement.
Funding Account means the account in which You nominate to fund the Lodgement to the Transfermate Nominated Account.