Issuer Bank Account definition

Issuer Bank Account means, in respect of a Class, each cash account established by the Issuer with an Eligible Account Bank into which amounts received by or on behalf of the Issuer for the purpose of effecting Redemptions (including the Issuer Redemption Cash Account).
Sample 1Sample 2Sample 3
Issuer Bank Account means the account to be opened by the Issuer and to be held by the Issuer with the Account Bank and to be operated in accordance with Clause 13 (Accounts). [*]
Sample 1Sample 2
Issuer Bank Account means the account of the Issuer numbered 17174136 with the Account Bank (sort code: 18-50-08) in the name of the Issuer or such other account as the Trustee may approve as a replacement for or in addition to the same in the name of the Issuer.
Sample 1Sample 2

Examples of Issuer Bank Account in a sentence

  • The Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each of the Issuer Accounts (subject to clause 6.2 of the Issuer Bank Account Agreement) and that it furnishes a copy of such statements to the Issuer and (if so requested) the Issuer Security Trustee, unless otherwise agreed.

  • The Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each of the Issuer Accounts (subject to clause 6.3 of the Issuer Bank Account Agreement) and that it furnishes a copy of such statements to the Issuer and (if so requested) the Issuer Security Trustee, unless otherwise agreed.

  • The Issuer Bank Account Agreement, and any contractual or non-contractual obligations arising out of or in connection with it, is governed by English law.FURTHER INFORMATION CONCERNING THE TRUST INSTRUMENT General The Trust Instrument is dated the Issue Date and is made between the Issuer, the Trustee and the other Transaction Parties.

  • The Cash Manager will procure that all amounts received by the Issuer from time to time are credited to the relevant Issuer Bank Account established by the Issuer with the Issuer Account Bank.

  • Except in the case of the Current Issuer Principal Deficiency Ledger and except as provided in Clause 2.4.(b) of the Current Issuer Bank Account Agreement, a debit item shall only be made in respect of any of the Current Issuer Ledgers, and the corresponding payment or transfer (if any) may only be made from the Current Issuer Transaction Accounts, to the extent that such entry does not cause the relevant ledger to have a debit balance.

  • The Master Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each of the Master Issuer Accounts (subject to clause 6.3 of the Master Issuer Bank Account Agreement) and that it furnishes a copy of such statements to the Master Issuer and the Master Issuer Security Trustee, unless otherwise agreed.

  • Amounts received by the Legal Title Holder in respect of the Mortgage Loans will be identified by the Administrator on a daily basis and transferred to the relevant Issuer Bank Account on Monday of each week (or if such Monday is a public holiday, the next following working day), in accordance with the terms of the Administration Agreement.

  • Issuer Account Bank: The entity appointed as Issuer Account Bank in respect of the Notes will be Deutsche Bank AG, London Branch or any other person subsequently appointed as Issuer Account Bank pursuant to the Issuer Bank Account Agreement.

  • Funding shall pay the Funding GIC Provider on the date of this Agreement a fee as separately agreed by Funding and the Funding GIC Provider in respect of the services provided pursuant to this Agreement which shall include the reasonable legal costs and expenses of the Funding GIC Provider in connection with the negotiation and execution of this Agreement and the Funding (Current Issuer) Bank Account Agreement.

  • Payments required to be made hereunder shall be made in accordance with the provisions of the Funding (Current Issuer) Bank Account Agreement.


More Definitions of Issuer Bank Account

Issuer Bank Account has the meaning ascribed to it in Clause 3 (Exercise of Warrants).
Sample 1

Related to Issuer Bank Account

  • 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.

  • 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).

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

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

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

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Administration Account As defined in Section 7.02.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • 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).