Designated Accounts
Designated Accounts. Shall mean the accounts maintained at the Designated Bank and each other deposit, lockbox or securities account required to be pledged as Collateral to the Lender for the Liabilities and subject to an blocked account control agreement/shifting control agreement in favor of the Lender. As of the date hereof, the Designated Accounts shall be the accounts disclosed to the Lender ending in the following numbers: 297, 910, 959, 968, 979, 968, 675, 775 and 376.
All Definitions
Found in
Xhibit Corp. contract