Co-Account Bank Definition | Law Insider

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Co-Account Bank definitionCo-Account Bank means the co-Account Bank appointed by the Account Bank and Company (with written notice to the Trustee) with respect to all or any portion of the Lockbox Account Collateral, in any case with such powers, rights, duties, obligations and immunities conferred upon the Account Bank under the Lockbox Account Agreement.View SourceBased on 1 documents1Microsoft® Word Add-inDraft with AIsparksSplit ViewAI-Powered Contracts

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Get StartedSchedule a DemoCo-Account Bank means Citibank, N.A. in its capacity as "Co-Account Bank" under the Accounts Administration Agreement and/or any other person appointed as co-account bank from time to time under the Accounts Administration Agreement;View SourceBased on 1 documents1Microsoft® Word Add-inDraft with AIsparks

Related to Co-Account Bank

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Deposit Account Bank means a financial institution at which a Deposit Account is maintained.

  • Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

Related Definitions

  • Designated Account Bank
  • Blocked Account Bank
  • Deposit Account Bank
  • Concentration Account Bank
  • Blocked Account Banks

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