Bank Accounts definition

Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).
Bank Accounts means those account(s) opened and maintained for the Fund and / or the Allocation Plan(s) by the Trustee at the instruction of the Management Company at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

Examples of Bank Accounts in a sentence

  • Such Bank Accounts may be denominated in either U.S. Dollars or other currencies.

  • Each Note Paying Agent will have the power to make distributions from the Bank Accounts.

  • On redemption, the Indenture Trustee will release the Collateral from the Lien of this Indenture and release to the Issuer or any other Person entitled to funds then in the Bank Accounts under this Indenture according to Section 8.4(c).

  • All deposits to and withdrawals from the Bank Accounts will be made according to the Transaction Documents.

  • A Responsible Person of the Indenture Trustee will notify the Qualified Institution maintaining the Bank Accounts (if not the Indenture Trustee) if an Event of Default has occurred and is continuing.


More Definitions of Bank Accounts

Bank Accounts means the Issuer’s bank accounts operated and/or maintained by or on behalf of the Issuer from time to time.
Bank Accounts means those accounts in the name of the Trustee of the Fund, the beneficial ownership of which rests with the Unit Holders.
Bank Accounts is defined in Section 11.16(f).
Bank Accounts shall have the meaning set forth in Section 5.4.1.
Bank Accounts shall have the meaning set forth in Section 3.20.
Bank Accounts means those account(s) opened and maintained for the Scheme by the Trustee at Bank’s, the beneficial ownership in which shall vest in the Unit Holders.
Bank Accounts has the meaning set forth in Section 3.9.