Depositary Account Sample Clauses

Depositary Account. Borrower shall not make any modifications to or otherwise amend or supplement the Depository Bank’s form regarding individuals with authority to sign documents in connection with, or withdraw funds from, the Depositary Account delivered to Lender on March 31, 2005 pursuant to Section 3.1(l) of this Agreement without the prior written consent of Lender not to be unreasonably withheld.
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Depositary Account. The Depositary Account shall be such account(s) maintained by the Custodian for and on behalf of the Issuer from time to time. CONFIRMED XXXX XII LIMITED By: Dated: 23 October 2019 SCHEDULE 3 : DETAILS OF CHARGED ASSETS Charged Assets On the Issue Date, the Charged Assets will comprise either (i) USD 9,270,000 cash in cleared and freely transferable funds, which shall be deposited into the Cash Account, or (ii) USD 9,270,000 principal amount of an issue of bonds by HSBC Holdings PLC (ISIN: US404280BK42). SCHEDULE 4 : DETAILS OF AGENT(S) FOR SERVICE OF PROCESS The party listed below hereby appoints the persons set out against its name to act as the service of process agent with respect to any document to which it is a party in relation to the Notes. Name of Party Agent for Service of Process XXXX XII Limited Xxxxxx and Xxxxxx 11th Floor 000 Xxxxxxxxxx Xxxxxx Xxxxxx XX0X 0XX Xxxxxx Xxxxxxx Attention: Process Agency Facsimile No.: + 00 000 000 0000 Telephone No.: + 00 000 000 0000 SCHEDULE 5 : FORM OF CONFIRMATION IN RELATION TO CHARGED AGREEMENT CONFIRMATION OF SWAP TRANSACTION Date: 2 October 2019 To: XXXX XII Limited (“Party B”) From: Barclays Bank PLC (“Party A”) Re: Swap Transaction The purpose of this communication, including the Exhibits hereto (this “Confirmation”), is to confirm the terms and conditions of the Swap Transaction entered into between us on 2 October 2019 (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. The definitions and provisions contained in the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. (“ISDA”) are incorporated into this Confirmation. In the event of any inconsistency between the 2006 ISDA Definitions and this Confirmation, this Confirmation will govern. This Confirmation supplements, forms a part of, and is subject to, the ISDA Master Agreement dated as of 2 October 2019, as amended and supplemented from time to time (the “Agreement”), entered into by you and us by our execution of the Constituting Instrument dated 2 October 2019 (the “Constituting Instrument”), by and among the parties thereto for purposes of constituting the Series Repack-9 JPY 1,000,000,000 Secured Limited Recourse Fixed Rate Notes due 17 March 2027 (the “Notes”) of the Issuer under its USD 5,000,000,000 Programme for the issue of Notes and the making of Alternative Investments (the “Programme”). All provisions contained in the Agre...
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Depositary Account. The Notes have been accepted for settlement in Euroclear and Clearstream, Luxembourg.
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Depositary Account. The account of the Custodian in which the Collateral Securities and any securities forming part of the Credit Support Assets are held from time to time.
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Depositary Account. The Borrower shall instruct each bank that maintains a Depositary Account of the Borrower to transfer, prior to the close of each Business Day, all amounts on deposit in such account to the Collection Account. Borrower shall forward to BABC, in the normal course of business, copies of a collection report, in form and substance satisfactory to BABC, with respect to all such items of payment and the deposit in the Depositary Accounts and transfers to the Collection Account thereof. The Collection Account shall be maintained pursuant to an agreement ("Collection Account Agreement") among the Borrower, the Agent and the relevant financial
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Depositary Account held by an individual resident in Mexico when more than ten ($10) dollars of interest are paid to such account in any given calendar year.
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Related to Depositary Account

  • Depository Accounts Except to the extent that Manager has not complied with its obligations under Sections 2.4 and 5.2, Owner and Manager agree that Manager shall have no liability for loss of funds of Owner contained in the bank accounts for the Property maintained by Owner or Manager pursuant to this Agreement due to insolvency of the bank or financial institution in which its accounts are kept, whether or not the amounts in such accounts exceed the maximum amount of federal or other deposit insurance applicable with respect to the financial institution in question.

  • Primary Accounts Borrower will maintain its primary depository and operating accounts with Bank.

  • Custody Account The Custodian shall open and maintain in its trust department a custody account in the name of each Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities, cash and other assets of the Fund which are delivered to it.

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Principal Depository Borrower shall maintain its principal depository and operating accounts with Bank.

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • Concentration Account Concentration Account" has the meaning set forth in Section 2.3.

  • Establishment of Custodial Account; Deposits in Custodial Account The Seller shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “PrimeLending, in trust for Redwood Residential Acquisition Corporation as Purchaser of Mortgage Loans and various Mortgagors.” Such Custodial Account shall be an Eligible Account established with a commercial bank, a savings bank or a savings and loan association (which may be a depository affiliate of the Seller) which meets the guidelines set forth by the FHFA, Fxxxxx Mxx or Fxxxxxx Mac as an eligible depository institution for custodial accounts. The Custodial Account shall not be transferred to any other depository institution without the Purchaser’s approval, which shall not unreasonably be withheld. In any case, the Custodial Account shall be insured by the FDIC in a manner which shall provide maximum available insurance thereunder and which may be drawn on by the Seller. The Seller shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date):

  • Income Account The Trustee shall collect the dividends and other cash distributions on the Securities in each Trust which would be treated as dividend (other than capital gain dividends) or interest income under the Internal Revenue Code as such become payable (including all monies which would be so treated representing penalties for the failure to make timely payments on the Securities, or as liquidated damages for default or breach of any condition or term of the Securities or of the underlying instrument relating to any Securities and other income attributable to a Failed Contract Obligation for which no Replacement Security has been obtained pursuant to Section 3.12 hereof) and credit such income to a separate account for each Trust to be known as the "Income Account." Any non-cash distributions received by a Trust shall be sold to the extent they would be treated as dividend or interest income under the Internal Revenue Code and the proceeds shall be credited to the Income Account. Except as provided in the preceding sentence, non-cash distributions received by a Trust (other than a non-taxable distribution of the shares of the distributing corporation which shall be retained by a Trust) shall be dealt with in the manner described in Section 3.11, herein, and shall be retained or disposed of by such Trust according to those provisions and the proceeds thereof shall be credited to the Capital (Principal) Account. Neither the Trustee nor the Depositor shall be liable or responsible in any way for depreciation or loss incurred by reason of any such sale. All other distributions received by a Trust shall be credited to the Capital (Principal) Account."

  • Establishment of Custodial Accounts; Deposits in Custodial Accounts The Company shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts. The Custodial Account shall be an Eligible Account. Funds deposited in the Custodial Account, which shall be deposited within 24 hours of receipt, shall at all times be insured by the FDIC up to the FDIC insurance limits, or must be invested in Permitted Investments for the benefit of the Purchaser. Funds deposited in the Custodial Account may be drawn on by the Company in accordance with Section 4.05. The creation of any Custodial Account shall be evidenced by a letter agreement in the form shown in Exhibit B hereto. The original of such letter agreement shall be furnished to the Purchaser on the Closing Date, and upon the request of any subsequent Purchaser. The Company shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the Cut-off Date, or received by it prior to the Cut-off Date but allocable to a period subsequent thereto, other than in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date:

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