Clearing Bank definition

Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

Clearing Bank means NationsBank and any other banking institution with which an Agency Account has been established pursuant to an Agency Account Agreement.

Clearing Bank means the clearing bank which establishes, maintains and holds the Clearing Account, which shall be an Eligible Institution acceptable to Lender in its discretion.

Examples of Clearing Bank in a sentence

• Check one:Health Care Business (as defined in 11 U.S.C. § 101(27A)) Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B)) Railroad (as defined in 11 U.S.C. § 101(44))Stockbroker (as defined in 11 U.S.C. § 101(53A)) Commodity Broker (as defined in 11 U.S.C. § 101(6)) Clearing Bank (as defined in 11 U.S.C. § 781(3))None of the aboveB.

• Check one:Health Care Business (as defined in 11 U.S.C. § 101(27A)) Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B)) Railroad (as defined in 11 U.S.C. § 101(44))Stockbroker (as defined in 11 U.S.C. § 101(53A)) Commodity Broker (as defined in 11 U.S.C. § 101(6)) Clearing Bank (as defined in 11 U.S.C. § 781(3)) None of the aboveB.

• Check one:□ Health Care Business (as defined in 11 U.S.C. § 101(27A))□ Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))□ Railroad (as defined in 11 U.S.C. § 101(44))□ Stockbroker (as defined in 11 U.S.C. § 101(53A))□ Commodity Broker (as defined in 11 U.S.C. § 101(6))□ Clearing Bank (as defined in 11 U.S.C. § 781(3))■ None of the aboveB.

• Check One:☐ Health Care Business (as defined in 11 U.S.C. § 101(27A))☐ Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))☐ Railroad (as defined in 11 U.S.C. § 101(44))☐ Stockbroker (as defined in 11 U.S.C. § 101(53A))☐ Commodity Broker (as defined in 11 U.S.C. § 101(6))☐ Clearing Bank (as defined in 11 U.S.C. § 781(3))☒ None of the above B.

• If a foreign currency being a currency other than the currency in which this section is written is involved in a loss sustained by you under this section then for the purpose of any calculation required in the settlement of a loss the rate of exchange will be the rate as offered by our London Clearing Bank on the date of such settlement.

More Definitions of Clearing Bank

Clearing Bank shall have the meaning set forth in Section 6.1.

Clearing Bank means any banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

Clearing Bank means Chase Manhattan Bank, N.A. or any other Designated Depository Institution mutually acceptable to the Supplemental Servicer, the Servicer and the Certificate Insurer for each Trust.

Clearing Bank shall have the meaning given such term in the Recitals.

Clearing Bank means a bank that is designated or appointed to provide banking and other facilities to the Exchange clearing house;

Clearing Bank means a bank that has made an agreement on clearing of trades via interbank paying system of CNB with a CSD participant.

Clearing Bank shall have the meaning set forth in Section 2.7 hereof.