Common use of WITHDRAWALS AND DEPOSITS Clause in Contracts

WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Bank Account Agreement and the Deed of Charge, the Issuer, or the Cash Manager on behalf of the Issuer, may on any Business Day give notice to the GIC Provider that it wishes to withdraw on such date all or part of the GIC Balance from the GIC Account and the GIC Provider shall comply with such notice and pay the amount specified in such notice to the account specified therein, provided that if any such notice is received after 12:00 noon. (London time) on any day it shall be deemed to have been received at the opening of business on the next following Business Day.

Appears in 5 contracts

Samples: Agreement, www.thechelsea.co.uk, Agreement

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WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Cash Management Agreement, the Bank Account Agreement and the Deed of ChargeSecurity Agreement, the Issuer, Guarantor LP (or the Cash Manager on behalf of the Issuer, its behalf) may on any Business Day give notice to the GIC Provider that it wishes to withdraw on such date all or part of the GIC Balance from the GIC Account and the GIC Provider shall comply with such notice and pay the amount specified in such notice to the account specified therein, provided that if any such notice is received after 12:00 noon. 12 noon (London timeToronto Time) on any day it shall be deemed to have been received at the opening of business on the next following Business Day.

Appears in 2 contracts

Samples: Guaranteed Investment Contract (RBC Covered Bond Guarantor Limited Partnership), Guaranteed Investment Contract (RBC Covered Bond Guarantor Limited Partnership)

WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Cash Management Agreement, the Bank Account Agreement and the Deed of ChargeSecurity Agreement, the Issuer, Guarantor (or the Cash Manager on behalf of the Issuer, its behalf) may on any Business Day give notice to the GIC Provider that it wishes to withdraw on such date all or part of the GIC Balance from the GIC Account and the GIC Provider shall comply with such notice and pay the amount specified in such notice to the account specified therein, provided that if any such notice is received after 12:00 noon. 12 noon (London Toronto time) on any day it shall be deemed to have been received at the opening of business on the next following Business Day.

Appears in 1 contract

Samples: Guaranteed Investment Contract

WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Cash Management Agreement, the Bank Account Agreement and the Deed of ChargeFund Deed, the IssuerFund, or the Cash Manager on behalf of the IssuerFund, may on any Business Day give notice to the GIC Provider that it wishes to withdraw on such date all or part of the GIC Balance from the GIC Account and the GIC Provider shall comply with such notice and pay the amount specified in such notice to the account specified therein, provided that if any such notice is received after 12:00 noon. 12 noon (London Reykjavik time) on any day it shall be deemed to have been received at the opening of business on the next following Business Day.

Appears in 1 contract

Samples: Guaranteed Investment Contract

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WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Bank Account Agreement and the Deed of Charge, the Issuer, or the Cash Manager on behalf of the Issuer, may on any Business Day give notice to the GIC Provider that it wishes to withdraw on such date all or part of the GIC Balance from the GIC Account and the GIC Provider shall comply with such notice and pay the amount specified in such suc h notice to the account specified therein, provided that if any such notice is received after 12:00 noon. (London time) on any day it shall be deemed to have been received at the opening of business on the next following Business Day.

Appears in 1 contract

Samples: www.ybs.co.uk

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