Issuer Operating Account definition

Issuer Operating Account means the USD account (account number 0701-38-100082) with Kvika banki hf. and any account(s) opened in replacement of such account(s) or as a subaccount of such account(s);
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Issuer Operating Account means the account of the Issuer with Citibank, N.A. “Issuer Order” has the meaning given to it in Section 2.02(d).
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Issuer Operating Account means the interest bearing account no.1933 designated as such in the name of the Issuer at Landesbank Hessen-Thüringen (the "Issuer Operating Account Bank") or such other account as may for the time being be substituted thereof with an Eligible Bank in accordance with the provisions of the Transaction Documents.
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Examples of Issuer Operating Account in a sentence

  • The proceeds of the Liquidity Loan Drawing will be credited to the Issuer Operating Account and will be recorded as a credit entry on the Liquidity Ledger.

  • The Notes do not provide for gross-up payments in the case that any amount payable under the Notes, under the KfW Certificates or the Issuer Operating Account is or becomes subject to income taxes (including withholding taxes) or taxes on capital.

  • I have experience collecting, processing, and/or interpreting electrical resistivity tomography (ERT), ground penetrating radar (GPR), multichannel analysis of surface waves (MASW), and other electrical and seismic geophysical methods.

  • If need be, the Management Company may instruct the Issuer Bank Account to open further bank accounts in the name of Issuer in its book (together with the Issuer Operating Account, the Issuer Accounts).

  • Issuer Accounts: All payments received or to be received by the Issuer shall be credited to the accounts of the Issuer Operating Account (as defined in section “Description of the Issuer Accounts” on page 135) opened with the Issuer Account Bank in accordance with the terms of the Issuer Account Bank Agreement.

  • The Trustee shall promptly give notice to KfW and the Issuer Operating Account Bank of its withdrawal of the instruction pursuant to Clause 6.2 and upon the receipt of such notice KfW shall make payments under the KfW Certificates only as instructed by the Trustee.

  • The Notes, the Loan Facility and the Liquidity Facility will be secured by the Issuer's rights and interest in the Operating Company Loans and a security interest in Global Power Holdings's quotas in each of the Companies, the Issuer Collection Account, the Issuer Operating Account and the GPH Dividend Collection Accounts.

  • Amounts due and payable in respect of the repayment of DSA Liquidity Advances will be transferred by the Borrower Manager from the Borrower Tax Account to the Issuer Operating Account on the third Business Day following receipt by it of the Deferred Subscription Amounts allocable to such DSA Liquidity Advance.

  • Amounts due and payable in respect of the repayment of the VAT Liquidity Loan will be transferred by the Borrower Manager from the Borrower Tax Account to the VAT Liquidity Bank on the third business day following receipt by it of the VAT Refund.All such amounts payable under the Loan or otherwise to the Issuer will be paid into the Issuer Operating Account.

  • Should any amounts payable to the Issuer be paid in any way other than by deposit or bank transfer to the Issuer Operating Account, the Issuer shall promptly credit such amounts to the Issuer Operating Account.


More Definitions of Issuer Operating Account

Issuer Operating Account means the interest bearing account no. 214007 for amounts in euro and 214015 for amounts in GBP designated as such in the name of the Issuer at Landesbank Hessen-Thüringen (the "Issuer Operating Account Bank") or such other account as may for the time being be substituted thereof with an Eligible Bank in accordance with the Transaction Documents.
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Related to Issuer Operating Account

  • 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.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the September 2003 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the March 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

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

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 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 CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" 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.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Issuer Accounts means, collectively, the Excess Funding Account, the Collection Account and any Supplemental Issuer Account, including any Sub-Accounts thereof.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

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

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

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

  • Initial Reserve Account Deposit means $3,000,000.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

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