Blocked Accounts definition

Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.
Blocked Accounts has the meaning ascribed to it in Annex C.
Blocked Accounts has the meaning assigned to such term in Section 2.21(a).

Examples of Blocked Accounts in a sentence

  • Each Loan Party shall instruct any persons making payments on Accounts or other Collateral to make such payments into Blocked Accounts.

  • All collected funds on deposit in the Store Accounts shall be sent by wire transfer or other electronic funds transfer on each Business Day to the Blocked Accounts, except nominal amounts which are required to be maintained in such Store Accounts under the terms of such Loan Party’s arrangements with the bank at which such Store Accounts are maintained, and except as the Agent may otherwise agree.


More Definitions of Blocked Accounts

Blocked Accounts has the meaning assigned to that term in subsection 5.6.
Blocked Accounts shall have the meaning provided in Section 9.15(a).
Blocked Accounts has the meaning set out in Section 2.17(c).
Blocked Accounts shall have the meaning set forth in Section 4.15(h)(i).
Blocked Accounts means each deposit account of the Borrowers which is the subject of a Blocked Account Agreement.
Blocked Accounts as defined in Subsection 4.16(b).
Blocked Accounts has the meaning specified in Section 6.18(b).