Relevant Account Holder definition

Relevant Account Holder means any account holder with the Relevant Clearing System which has underlying Notes credited to its securities account from time to time.
Relevant Account Holder has the meaning given to it in Condition 1.02 (Form and Denomination);
Relevant Account Holder means an Original Account Holder or a Subsequent Account Holder, as the case may be;

Examples of Relevant Account Holder in a sentence

  • The relevant Issuer’s obligation under this Clause 31 shall be a separate and independent obligation by reference to each Underlying Note which a Relevant Account Holder has credited to its securities account with the Relevant Clearing System and the relevant Issuer agrees that a Relevant Account Holder may assign its rights under this Clause 31 in whole or in part.

  • TMCC’s obligation under this Section 24 shall be a separate and independent obligation by reference to each Underlying Note which a Relevant Account Holder has credited to its securities account with the Relevant Clearing System and TMCC agrees that a Relevant Account Holder may assign its rights under this Section 24 in whole or in part.


More Definitions of Relevant Account Holder

Relevant Account Holder means an Account Holder who has one or more Entries credited to his Securities Account at the Effective Time.
Relevant Account Holder means any account holder with the Relevant Clearing System which has a certain number of Underlying Notes credited to its securities account from time to time.
Relevant Account Holder means any account holder with a Clearing System which at the Determination Date has credited to its securities account with such Clearing System one or more Entries in respect of the Temporary Global Security or the Permanent Global Security, except for either Clearing System in its capacity as an account holder of the other Clearing System.
Relevant Account Holder means in relation to Direct Rights acquired pursuant to an election made under Section 8 of this temporary Global Note, the holder of any account with a Clearing System Operator specified in the Relevant Statement in respect of those Direct Rights which at the Relevant Time has credited to its securities account with such Clearing System Operator an Entry or Entries in respect of this temporary Global Note (or the relevant part of it) or the Notes represented by it except for a Clearing System Operator in its capacity as an account holder of another Clearing System Operator; and
Relevant Account Holder means any account holder with Euroclear and/or Clearstream, Luxembourg which at the Relevant Time has credited to its Securities account with Euroclear or Clearstream, Luxembourg, as the case may be, an Entry or Entries in respect of this NGN Permanent Global Covered Bond or any relevant part of it, as the case may be; provided, however, that "Relevant Account Holder" does not include Euroclear in its capacity as an account holder of Clearstream, Luxembourg or Clearstream, Luxembourg in its capacity as an account holder of Euroclear.
Relevant Account Holder means any account holder with Euroclear and/or Clearstream, Luxembourg which has Underlying Notes (as defined in the definition ofGlobal Note”) credited to its securities account from time to time;
Relevant Account Holder means any account holder with a Relevant Clearing System which has Underlying Notes credited to its securities account from time to time (other than any Relevant Clearing System which is an account holder of any other Relevant Clearing System).