Current Account Agreement definition

Current Account Agreement means a Current Account Agreement in substantially the form of Exhibit A hereto with respect to a Deposit Account maintained pursuant to the terms and conditions thereof.
Sample 1
Current Account Agreement means the Current Account Agreement between you and the Bank governing the operation of your Accounts with the Bank.
Sample 1

Examples of Current Account Agreement in a sentence

  • Following signature by the Bank and the Client of a Current Account Agreement (the “ Account Agreement”), the Account Agreement shall become effective upon the opening of the current account (the “Account”) by the Bank, unless stipulated otherwise in the Conditions.

  • In case if the applicant does not submit the full list of documents fixed by these Rules or the forms of submitted documents are not brought in conformity with the requirements fixed by the legislation of the Republic of Kazakhstan and these Rules, the Central Securities Depository refuses to conclude Current Account Agreement and it transmits certain notification to the applicant no later than one business day after the documents for conclusion of Current Account Agreement were accepted.

  • Based on concluded Current Account Agreement the Central Securities Depository shall open the own current account and customers' current account in the name of applicant and shall allocate individual identification codes for these accounts (this paragraph was changed by the decision of the Board of Directors of the Central Securities Depository of June 10, 2011).

  • In order to conclude Current Account Agreement the applicant must submit the documents listed in appendix 3 to these Rules.

  • The procedure of conclusion of Current Account Agreement 38Article 32.

  • The electronic reporting may be chosen by the client at the time of the conclusion of the Current Account Agreement or thereafter.

  • The legal relationship between the parties shall be governed also by the Bank’s General Business Terms and Conditions, the Data Processing Principles, the Current Account Terms andConditions, the Current Account Agreement Terms and Conditions, the Price List, the Credit Transfer Terms and Conditions, the Data Questionnaire of a Natural Person, the relevant provisions of other services provided by the Bank, as well as the laws and regulations of the Republic of Latvia.

  • The amendments outlined below are the amendments which will be made to your Current Account Agreement with effect from the Termination Date(s).

  • If, prior to the conclusion of the Current Account Agreement, the Bank provided to the Client a Bank Product, which forms part of the Current Account, the Current Account Agreement shall amend and complement those terms of the Contract, based on which the Bank Product was provided by the Bank, which are expressly different.

  • Consequently, a Client who enters into a relationship with the Bank automatically enters into a Single Current Account Agreement, governed by the rules generally applicable to such agreements and by the following terms.

Related to Current Account Agreement

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Account Agreement means the agreements for the operation of the Account.

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

  • 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 with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • 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.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance reasonably satisfactory to the Administrative Agent.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Spread Account Agreement The Spread Account Agreement, dated as of March 25, 1993, as thereafter amended and restated, among the Seller, AFL, the Security Insurer, the Collateral Agent and the trustees specified therein, as the same may be amended, supplemented or otherwise modified in accordance with the terms thereof.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • 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.

  • 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.

  • Deposit Account Control Agreement means an agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Deposit Account.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Deposit Account Control Agreements means the deposit account control agreements or blocked account agreements in a form that is reasonably satisfactory to the Agent to be executed by each institution maintaining a deposit account or securities account for any of the Credit Parties, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations to the extent required by Section 4.14(g) or any other provision of this Agreement or any Other Document.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Account Control Agreement(s) means any agreement entered into by and among the Lender, Borrower and a third party Bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which grants Lender a perfected first priority security interest in the subject account or accounts.

  • Account Control Agreement means the Account Control Agreement among the Borrower, as debtor, the Collateral Agent, as secured party, and State Street Bank and Trust Company, as depository bank and Securities Intermediary, dated on or about the date hereof.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, or (as the case may be) apply any value distributed on account of any commodity contract as directed by Agent, in each case, without the further consent of such Borrower or Guarantor and including such other terms and conditions as Agent may require.

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

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

  • Control Agreements means, collectively, the Deposit Account Control Agreement, the Securities Account Control Agreement and the Commodity Account Control Agreement.