Accumulation Account Bank definition

Accumulation Account Bank means The Bank of New York Mellon, London Branch.
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Accumulation Account Bank means HSBC Bank plc.
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Accumulation Account Bank means Elavon Financial Services DAC.
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Examples of Accumulation Account Bank in a sentence

  • Included under such administration is the leasing of any freehold land, whether legal or equitable, for a term of more than 20 years.

  • Accumulation Account An account of the Issuer established with the Accumulation Account Bank.

  • Account Agreement Under the terms of the Account Agreement, the Issuer holds theAccumulation Account with the Accumulation Account Bank, the Distribution Account with the Distribution Account Bank, each Counterparty Downgrade Collateral Account with the Counterparty Downgrade Collateral Account Bank and the Cash Collateral Account with the Cash Collateral Account Bank.

  • For medical school, your ideal GPA would be >3.5 and total MCAT scores of 30 or above.

  • Account Agreement Under the terms of the Account Agreement, the Issuer isholding the Distribution Account with the Distribution Account Bank and will hold the Cash Collateral Account with the Cash Collateral Account Bank, the Counterparty DowngradeCollateral Account with the Account Bank and maintain the Accumulation Account with the Accumulation Account Bank.

  • Should the Cash Collateral Account Bank, the Distribution Account Bank or the Accumulation Account Bank (together the "Account Bank") cease to have the Account Bank Required Rating, the Account Bank shall within sixty(60) days procure transfer of the accounts held with it to an Eligible Collateral Bank, notified to it by the Issuer.

  • Account Agreement Under the terms of the Account Agreement, the Issuer will hold theCash Collateral Account with the Cash Collateral Account Bank, the Counterparty Downgrade Collateral Account (except for any securities accounts) with the Counterparty Downgrade Collateral Account Bank, the Distribution Account with the Distribution Account Bank and maintain the Accumulation Account with the Accumulation Account Bank.

  • Top of list was reference to workload whether it had to do with the perceptions about the quantity of work, leaving work undone, or guilt about leaving others to shoulder the burden of the absence.

  • Should the Cash Collateral Account Bank, the Distribution Account Bank or the Accumulation Account Bank (together the "Account Bank") cease to have the Account Bank Required Rating, the Account Bank shall within thirty(30) days procure transfer of the accounts held with it to an Eligible Collateral Bank, notified to it by the Issuer.

  • Should the Distribution Account Bank, the Cash Collateral Account Bank or the Accumulation Account Bank (together the "Account Bank") cease to have the Account Bank Required Rating, the Account Bank shall within thirty (30) days procure transfer of the accounts held with it to an Eligible Collateral Bank, notified to it by the Issuer.


More Definitions of Accumulation Account Bank

Accumulation Account Bank means Elavon Financial Services DAC, U.K. Branch.
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Accumulation Account Bank means Citibank N.A., London Branch.
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Accumulation Account Bank means The Bank of New York Mellon, Frankfurt Branch.
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Related to Accumulation Account Bank

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

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Collection Accounts As defined in Section 3.10(a).

  • Administration Account As defined in Section 7.02.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2022-2) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.