Common use of Account Statement Clause in Contracts

Account Statement. Unless and until directed otherwise by the Security Trustee in accordance with Clause 15 (Notices), the Collateral Account Bank shall provide each of the Issuer and the Security Trustee with a written account transaction statement on a monthly basis in respect of the Collateral Accounts. The Collateral Account Bank is hereby authorised by the Issuer to provide account transaction statements in respect of the Collateral to the Cash Manager and the Security Trustee.

Appears in 2 contracts

Sources: Collateral Account Bank Agreement, Collateral Account Bank Agreement

Account Statement. Unless and until directed otherwise by the Security Trustee in accordance with Clause 15 14 (Notices), the Collateral Account Bank shall provide each of the Issuer and the Security Trustee with a written account transaction statement on a monthly basis in respect of the Collateral AccountsAccount. The Collateral Account Bank is hereby authorised by the Issuer to provide account transaction statements in respect of the Collateral to the Cash Manager and the Security Trustee.

Appears in 1 contract

Sources: Collateral Account Bank Agreement

Account Statement. Unless and until directed otherwise by the Security Trustee in accordance with Clause 15 (Notices), the Collateral Account Bank shall provide each of the Issuer and the Security Trustee with a written account transaction statement on a monthly basis in respect of the Collateral AccountsAccount. The Collateral Account Bank is hereby authorised by the Issuer to provide account transaction statements in respect of the Collateral to the Cash Manager and the Security Trustee.

Appears in 1 contract

Sources: Collateral Account Bank Agreement

Account Statement. Unless and until directed otherwise by the Security Trustee in accordance with Clause 15 14 (Notices), the Collateral Account Bank shall provide each of the Issuer and the Security Trustee with a written account transaction statement on a monthly basis in respect of the Collateral Accounts. The Collateral Account Bank is hereby authorised by the Issuer to provide account transaction statements in respect of the Collateral to the Cash Manager and the Security Trustee.

Appears in 1 contract

Sources: Collateral Account Bank Agreement