Funding 2 Bank Accounts definition

Funding 2 Bank Accounts means the Funding 2 GIC Account and the Funding Transaction Account and each such additional or replacement account in the name of Funding that may be opened with the prior approval of the Funding 2 Security Trustee after the Funding 2 Programme Date;
Sample 1Sample 2Sample 3
Funding 2 Bank Accounts means the Funding 2 GIC Account, and the Funding Transaction Account and each such additional or replacement account in the name of Funding that may be opened with the prior approval of the Funding 2 Security Trustee after the Funding 2 Programme Date;
Sample 1

Examples of Funding 2 Bank Accounts in a sentence

  • In administering the Funding 2 Bank Accounts on behalf of Funding 2 and the Funding 2 Security Trustee, the Cash Manager shall comply with the provisions of Schedule 2 hereto prior to receipt by the Cash Manager of a copy of any Intercompany Loan Enforcement Notice served by the Funding 2 Security Trustee on Funding 2.

  • Each of the Seller and the Cash Manager agrees that it will not make or exercise any claims or demands, any rights of counterclaim or any other equities against or withhold payment of any and all sums of money which may at any time and from time to time be standing to the credit of the Mortgages Trustee Bank Accounts, the Funding Bank Accounts or the Funding 2 Bank Accounts or any replacement or additional bank account of the Mortgages Trustee or any Funding Beneficiary.

  • Funding 2 covenants with the Funding 2 Security Trustee that the amounts standing to the credit of the Funding 2 Bank Accounts and any Swap Collateral standing to the credit of the Funding 2 Swap Collateral Accounts may only be withdrawn in accordance with this Clause 6.2 (Permitted Withdrawals from Funding 2 Bank Accounts and Funding 2 Swap Collateral Accounts; Authorised Investments).

  • Funding 2 charges by way of first fixed charge to the Security Trustee all of its right, title, interest and benefit in, to and under any Authorised Investment purchased using monies standing to the credit of the Funding 2 Bank Accounts for the time being owned by it, including all monies, income and proceeds payable thereunder and all rights in respect of or ancillary to such Authorised Investments, TO HOLD the same unto the Security Trustee absolutely.

  • For the avoidance of doubt, as soon as reasonably practicable after becoming aware of the same, the Cash Manager may, and shall, withdraw Cash from, as the case may be, the Mortgages Trustee GIC Account, the Funding 1 Bank Accounts and/or the Funding 2 Bank Accounts, if and to the extent that, such Cash was credited thereto in error and shall use its reasonable endeavours to ensure that such Cash is applied correctly thereafter.

  • Each of the payments into the Mortgages Trustee GIC Account, the Funding 1 Bank Accounts and the Funding 2 Bank Accounts referred to in Clauses 4.5(a) to (m) shall be made forthwith upon receipt by the Mortgages Trustee, Funding 1, Funding 2 or the Cash Manager, as the case may be, of the amount in question.

Related to Funding 2 Bank Accounts

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

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

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • 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).

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

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

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

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

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

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

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

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

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

  • 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.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.