Cash Account Bank definition

Cash Account Bank means, if applicable, The Bank of New York Mellon, London Branch;
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Cash Account Bank means Société Générale Luxembourg, Avenue Emile Reuter, 11, Luxembourg, L-2420, Grand Duchy of Luxembourg and any successor in such capacity.
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Cash Account Bank means [●] and any successor in such capacity.
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Examples of Cash Account Bank in a sentence

  • In carrying out its duties, the Computation Agent will be entitled to rely on certain information provided to it by, amongst others, the Servicer, the Interim Account Bank, the Transaction Bank, the Cash Account Bank, the Agent Bank, the Issuer and the Computation Agent will not be liable for any omission or error in so doing, save as are caused by its own gross negligence (colpa grave) or wilful misconduct (dolo).

  • Consequently, the Certificateholders are relying not only on the creditworthiness of the Collateral or the Underlying Assets, if applicable, but also on the creditworthiness of the Cash Account Bank in respect of the performance of its obligations under the Cash Account Agreement to make or facilitate certain payments to Certificateholders.

  • Even where the former two self-organising possibilities are beyond them, they might still attempt to play key roles by participating in negotiations over the design of higher-level governance arrangements – particularly to ensure that the new arrangements add value to the self- organising capabilities that already exist (Marshall 2008b).

  • The Cash Account Bank is entitled to resign from its function as Cash Account Bank at any time.

  • The resignation will only become effective upon appointment of another financial institution domiciled in Luxembourg as Cash Account Bank by the Issuer.

  • The Issuer is entitled to replace the Cash Account Bank with another financial institution domiciled in Luxembourg at any time.

  • As a consequence of such and other relationships, potential conflicts of interests may arise between these parties and the Noteholders, due to certain transactions provided for in this document.A purchaser, the Calculation Agent, the Cash Account Bank, the Depository Agent, the Distributor (if any), the Paying Agent, the Servicer and the Structuring Advisor (if any) as well as their respective affiliates may each also assume another function in relation to the Notes.

  • Each such Available Cash Account Agreement shall provide, among other things, that the Available Cash Account Bank will only permit disposition of the funds held in the Available Cash Accounts with the joint written consent of the Company and the Financial Advisor.

  • AMENDMENTS TO THE RISK FACTORS The following risk factor shall be inserted after the risk factor "Risks relating to the Cash Account Bank": Risks relating to the Custodian Custodian riskIf a Series of Certificates has a Custodian specified in the Final Terms then collateral in the form of cash or securities will be held in an account of the Custodian in the name of the Company (provided that, in limited circumstances, the Custodian may register or record securities in a name other than the Company).

  • Subject to the foregoing, the Company shall establish and maintain Available Cash Account Agreements with the Financial Advisor and each Available Cash Account Bank, in form and substance reasonably acceptable to the Financial Advisor and the Required Holders, with respect to each account maintained at such bank on behalf of Company and/or its Subsidiaries (each such account an “Available Cash Account” and collectively, the “Available Cash Accounts”).

Related to Cash Account Bank

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

  • 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).

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

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

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • 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.

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

  • Blocked Account Banks means the banks with whom the Borrowers have entered into Blocked Account Agreements.

  • Account Bank means any of them.

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

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

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

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • 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.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Earnings Account means, in relation to a Ship, an account in the name of the Borrower owning that Ship with the Account Bank designated as the Earnings Account for that Ship, or any other account (with the Account Bank or the Agent or with another bank or financial institution acceptable to the Majority Lenders) for the purpose of receiving all charter hire and other amounts paid under the relevant Time Charter;

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

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.