Designated Account

Defined Term

Definition Information


"Designated Account" means in respect of any Advance under the Syndicated Facility or the Working Capital Facility, the account or accounts maintained by the Borrower with the Agent or the Working Capital Lender, as applicable, that the Borrower designates as such to the Agent or the Working Capital Lender, as the case may be.

Definition Category:Designated Account

Definition Variations


Loading Spinner

Source Contracts


Loading Spinner