Cash Deposit Account definition

Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Administrative Agent, over which the Administrative Agent shall have sole dominion and control, upon such terms as may be satisfactory to the Administrative Agent.

Cash Deposit Account means, in relation to a Series of Securities and as further described in the Issue Terms, the segregated account established in the name of the Issuer with HSBC Bank plc or any of its affiliates.

Cash Deposit Account means, in relation to a Series of Notes and as further described in the Issue Terms, the segregated account established in the name of the Issuer with Deutsche Bank AG, London Branch or any of its affiliates.

Examples of Cash Deposit Account in a sentence

• In the event that the deemed proceeds of the sale of such undelivered Initial Charged Assets are less than the amount of cash held in the Cash Deposit Account at such time, the Selling Agent, on behalf of the Issuer, shall pay any such difference to the Vendor as soon as reasonably practicable thereafter.

• If all or any part of the Initial Charged Assets are not delivered to the Issuer on the Issue Date and so Condition 4(c)(ii) applies, then the Dealer will deposit or procure the deposit of Cash Collateral into the Cash Deposit Account, which shall comprise the Charged Assets subject to and in accordance with Condition 4(c)(ii) until such time as the Initial Charged Assets are delivered to the Issuer (to be credited to the Custodian Account) on or prior to the Initial Delivery Cut-Off Date.

• If, by reason of the ECB’s Deposit Rate being negative, the Custodian makes a deduction from the Cash Deposit Account in accordance with the Agency Agreement, then the amount of Cash Collateral delivered to Lender shall be reduced so as to be equal to the balance of the Cash Deposit Account resulting from such deduction.

• The Cash Deposit Account is an interest-bearing account which may, in certain circumstances, bear interest at a negative rate, as further set out in the Agency Agreement.

• Where Cash Collateral is delivered to Lender, Lender is required to pay to Borrower interest thereon calculated in the same manner as interest is calculated in respect of Lender’s Cash Deposit Account, and accrued interest shall be payable to Borrower on or as soon as reasonably practicable after each date on which interest is credited to Lender’s Cash Deposit Account.

More Definitions of Cash Deposit Account

Cash Deposit Account means, in relation to a Series of Securities and as may be further described in the Issue Terms, the deposit established in the name of the Issuer with the Account Bank.

Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon such terms as may be satisfactory to the Agent.

Cash Deposit Account. ’ means the segregated account in the name of the Issuer held with the Cash Deposit Bank into which the net proceeds of the issuance of the Notes (in the case of the Euro Notes and U.S. dollar Notes, following conversion into pounds sterling pursuant to the relevant Cross-currency Swap Agreement), together with the Initial CDS Payment from the CDS Counterparty to the Issuer under the Credit Default Swap Agreement, will be deposited on the Closing Date.

Cash Deposit Account has the meaning given to that term in paragraph 6 of Schedule 10.

Cash Deposit Account means an account opened or to be opened in the name of the Borrower with the Agent in Piraeus designated "Star Bulk Carriers Corp. - Cash Deposit Account", or any other account (with that or another office of the Agent) which is designated by the Agent as the Cash Deposit Account for the purposes of this Agreement;

Cash Deposit Account means the account held in the name of the Issuer and maintained by the Cash Deposit Bank pursuant to the terms of the Cash Deposit Bank Agreement and into which the Cash Deposit (and any income proceeds in respect thereof) shall be deposited, or such other account as may be opened, with the consent of the Trustee, at any branch of the Cash DepositBank or at another bank in replacement of such account as may be required pursuant to the terms of the Cash Deposit Bank Agreement;

Cash Deposit Account. The non-interest bearing deposit account established by Xxxxxx Xxx with the Paying Agent for the purposes set forth in the Prospectus Supplement.