Deposits Irrevocable; Payment Direction. (a) All amounts transferred to any Depositary Bank by or on behalf of the Authority shall be deposited to the Clearing Account for further transfer to the Holding Account as provided herein.
Appears in 3 contracts
Samples: Authority PSL Account Agreement, Authority PSL Account Agreement, Authority PSL Account Agreement
Deposits Irrevocable; Payment Direction. (a) All amounts transferred to any Depositary Bank by or on behalf of the Authority shall be deposited to the Clearing Account for further transfer to the Holding Account as provided hereinAccount.
Appears in 3 contracts
Samples: Authority PSL Account Agreement, Authority PSL Account Agreement, Authority PSL Account Agreement
