Account Issuer definition

Account Issuer means a Clearing System or a Custodian;
Account Issuer means Sears National Bank, or, with respect to accounts governed by credit agreements between the customer and Sears, Sears.
Account Issuer means a Clearing System or a Custodian and, for the EFI Notes, any participant or sub-participant in the NBB Securities Settlement System;

Examples of Account Issuer in a sentence

  • Any Relevant Account Holder may, in any proceedings relating to this Deed, protect and enforce its rights arising out of this Deed in respect of any Entry to which it is entitled upon the basis of a statement by an Account Issuer as provided in Clause 3 and a copy of this Deed certified as being a true copy by a duly authorised officer of any Clearing System or the Fiscal Agent without the need for production in such proceedings or in any court of the actual records or this Deed.

  • To determine the Monthly Periodic Rate that will apply to your Account, Issuer adds a Margin to the value of the Index.

  • Where two or more Entries in the books of any Account Issuer relate to Original Notes that have identical terms and have Direct Rights that are identical in all respects, any certificate given pursuant to this Clause need not identify specific Original Notes or Entries, but may certify that an Entry (or the Direct Rights in respect of it) relates to an Original Note or another Entry that forms one of a class of identical Original Notes and/or Entries having identical Direct Rights.

  • No matter who closes the Account, Issuer will keep all rights it has and you will still have to repay the Credit Purchases and Cash Advances made on your Account, even if made after the Account has been closed, together with Interest Charges and any other charges on the Account.

  • As a condition precedent to making any payment to a Relevant Account Holder in whole or partial discharge of any Direct Rights, the Issuer shall be entitled to require that reasonable arrangements are made (at the Issuer's expense, as the case may be) for confirmation of the receipt of such payment by the Relevant Account Holder to be given to, and for receipt of such confirmation to be acknowledged by, the Account Issuer in whose books the Entry in respect of which such payment is to be made is credited.

  • Each time Company uses the Prepaid Account, Issuer will reduce the Prepaid Amount by the amount of the Transaction and any applicable fees.

  • As a condition precedent to making any payment to a Relevant Account Holder in whole or partial discharge of any Direct Rights, the Issuer shall be entitled to require that reasonable arrangements are made (at the Issuer’s expense) for confirmation of the receipt of such payment by the Relevant Account Holder to be given to, and for receipt of such confirmation to be acknowledged by, the Account Issuer in whose books the Entry in respect of which such payment is to be made is credited.

  • You must provide us with any information we reasonably require to hold the Account.3.2 Subject to the requirements of any law, we may refuse to request the Account Issuer to open the Account.3.3 We will request the Account Issuer to open the Account and will hold the Account in our name on your behalf, subject to these terms and conditions.

  • Disputes between the entity and the Account Issuer may, irrespective of the financial amount and the entity address, be brought before the City Court of Copenhagen.

  • The records of each Account Issuer, as at the closing of business on the day of the Acquisition Time, shall, in the absence of manifest error, be conclusive evidence as to the matters set out in sub-Clauses 3.1.1 and 3.1.2 below.


More Definitions of Account Issuer

Account Issuer means a Clearing System or a Custodian. "Bearer Note" means a Note in bearer form.
Account Issuer means a Clearing System or a Custodian and any participant in the NBB Securities Settlement System.
Account Issuer means an Approved Intermediary, a Clearing System or a Custodian

Related to Account Issuer

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Account Bank means any of them.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.