Security Accounts definition

Security Accounts means, collectively, the Cash Trap Account, the Project-Level Account and any Controlled Account.
Security Accounts means, collectively, the Tax and Insurance Reserve Account, the Casualty/Taking Account, the Additional Cash Collateral Account, the Cash Management Account, the Low DSCR Account and the Reserve Funds.
Security Accounts means the Collateral Accounts and the Realisations Accounts.

Examples of Security Accounts in a sentence

  • Respect for Security: Accounts on the systems at Jumeirah College are considered secure, although absolute security of any data cannot be guaranteed.

  • Account Security Accounts for Trimble Quadri are managed in a secure database stored outside of the Trimble Xxxxxx application.

  • The Credit Parties hereby indemnify and hold the Agent harmless from and against any loss or damage with respect to any deposits made in the Security Accounts that are dishonored or returned for any reason.

  • All service charges and costs related to the establishment and maintenance of the Security Accounts shall be the sole responsibility of the Borrower, whether the same are incurred by the Agent or the Credit Parties.

  • Interest earned (or losses sustained) on the Security Accounts shall be proportionately credited to the Participating Members in accordance with each Participating Member’s Security Account obligations.


More Definitions of Security Accounts

Security Accounts means, at any relevant time, the Operating Accounts and any bank accounts of the Borrower opened with the Bank, which are subject to an Encumbrance in favour of the Bank and designated by the Bank as “Security Accounts” for the purposes of this Agreement;
Security Accounts. One or more security accounts shall be established in the name of, and under the sole dominion and control of, the Lender or its designated representatives (the "Security Accounts"), and all income from the Properties shall be deposited directly into such Security Accounts. At the discretion of Lender, such Security Accounts may include (but may not be limited to) the following:
Security Accounts means, collectively, the Lockbox Accounts, the Cash Management Account, the Cure Deposit Account, the Cash Collateral Account and the Reserve Accounts.
Security Accounts shall have the meaning provided in the Uniform Commercial Code.
Security Accounts means the accounts secured in favour of the Underlying Cedants, established pursuant to the Security Agreements by the Retrocedant to support the Retrocedant's obligations under the Retroceded Policies relating to the SPA Business;
Security Accounts has the meaning given to that term in clause 12.6(a)(iii);
Security Accounts means, collectively, the Sweep Account and the Deficiency Deposit Account.