Guarantor Accounts definition

Guarantor Accounts means the Standby GIC Account and the Standby Transaction Account and such other accounts as may be maintained by the Standby Account Bank for the Guarantor pursuant to agreements between, inter alia, the Guarantor and the Standby Account Bank and the Standby GIC Provider;
Guarantor Accounts means the GDA Account, the Transaction Account (to the extent maintained) and any additional or replacement accounts opened in the name of the Guarantor, including, if applicable, the Standby GDA Account and the Standby Transaction Account and each individually a “Guarantor Account”;
Guarantor Accounts means the GIC Account and the Transaction Account and such other accounts as may be maintained by the Account Bank for the Guarantor pursuant to agreements between, inter alia, the Guarantor and the Account Bank and the GIC Provider;

Examples of Guarantor Accounts in a sentence

  • The Standby GIC Provider undertakes to perform only such duties as are expressly set forth in this Agreement and to deal with the Guarantor Accounts with the degree of skill and care that the Standby GIC Provider accords to all accounts and funds maintained and held by it on behalf of its customers.


More Definitions of Guarantor Accounts

Guarantor Accounts means all accounts of the Guarantors (except the Blocked Account) as of the date hereof with any bank or financial institution, details of which have been given to Lender.
Guarantor Accounts has the meaning ascribed thereto in the Standby Account Agreement;