Accountholder definition

Accountholder means any accountholder or participant with a Clearing System which at the Relevant Date has credited to its securities account with such Clearing System one or more Entries in respect of a Global Note issued by the Issuer, except for any Clearing System in its capacity as an accountholder of another Clearing System.

Accountholder means the person(s) in whose name the Account is operated.

Accountholder means any accountholder with a Clearing System which at the Determination Date has credited to its securities account with such Clearing System one or more Entries in respect of a Global Note, except for any Clearing System in its capacity as an accountholder of another Clearing System;

Examples of Accountholder in a sentence

• The Bank, upon information of insolvency by court order, will stop the operation of the Account maintained by the Accountholder , and all monies, security and property now or thereafter standing to the credit of the Account with the Bank, or held by the Bank on behalf of the Accountholder, will only be released upon the production of necessary documentation authorizing such release and all outstanding facilities will be considered matured and repayable.

• The continuation of the Accountholder to deal on the account after expiry of the period specified in the said letter or notification will be considered effective upon expiry of the grace period of (30) as of the date of dispatching unless the bank specified longer period.

• The Bank shall have the right, without reference to the Accountholder to debit the Account directly with all expenses, fees, commissions, taxes and stamp charges paid or incurred by the Bank or its Correspondents on behalf of the Accountholder.

• The Bank shall without notice combine or consolidate all the Accounts with the liabilities of the Accountholder, and set-off or transfer any sum/s standing to the credit of any such Accounts or any other sum/s owing from the Bank in or towards satisfaction of any liabilities or fees to the Bank on any other Account or in any other respect whether such liabilities are actual or contingent.

• If an Account is opened in the names of two or more persons, each of the persons (“Joint Accountholder”) shall be deemed to be an Accountholder of that joint Account for all purposes.

More Definitions of Accountholder

Accountholder means each person who is for the time being shown in the records of Euroclear or Clearstream, Luxembourg as entitled to a particular face amount of the Certificates (in which regard any certificate or other document issued by Euroclear or Clearstream, Luxembourg as to the face amount of such Certificates standing to the account of any person shall be conclusive and binding for all purposes save in the case of manifest error);

Accountholder means (i) in relation to Notes that are credited to the Owner’s Account, the owner of that account; and (ii) in relation to Notes that are credited to the Holding (Intermediary) Account, the person for which that account has been opened by the Central Depository, and which may include Clearstream and/or Euroclear or any Custodian holding any Notes for Clearstream and/or Euroclear, as applicable;

Accountholder means the holder of an account in the Verra Registry;

Accountholder means any accountholder with a Clearing System which at the Determination Date has credited to its securities account with such Clearing System one or more Entries in respect of the Permanent Global Note, except for either Clearing System in its capacity as an accountholder of the other Clearing System;

Accountholder means any person holding a VCU account with a VCS Registry;

Accountholder means each person (other than Euroclear or Clearstream, Luxembourg) who is for the time being shown in the records of Euroclear or Clearstream, Luxembourg as the holder of a particular number of Certificates.

Accountholder means the Entity under whose name the Account has been opened and maintained with the Bank.