Issuer Transaction Account definition

Issuer Transaction Account means a EUR denominated account opened by the Issuer with the Issuer Account Bank with the account number 00000000 (IBAN: XX00XXXX00000000000000).

Issuer Transaction Account means the Seventh Issuer Sterling Account;

Issuer Transaction Account means the [{circle}] Issuer Transaction Account; and

Examples of Issuer Transaction Account in a sentence

• The Current Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each Current Issuer Transaction Account and Swap Collateral Cash Account and that it furnishes a copy of such statements to the Current Issuer, with a copy to the Note Trustee upon its request.

• The description of the operation of the Issuer Transaction Account in this section will only apply prior to the enforcement of the Issuer Security.

• The Issuer Cash Manager undertakes (to the extent to which the same is within its control in its capacity as Issuer Cash Manager) that as at the Closing Date the Issuer Transaction Account and the Issuer GIC Account will be operative and that the Issuer Cash Manager will not knowingly create or permit to subsist any Security Interest in relation to the Issuer Transaction Account and the Issuer GIC Account other than as created under or permitted pursuant to the Issuer Deed of Charge.

• On each Payment Date prior to the delivery by the Note Trustee of an Enforcement Notice, the Revenue Receipts and Redemption Receipts standing to the credit of the Issuer Transaction Account will be applied pro tanto against the Purchaser's obligation to pay interest, principal, fees and any other amounts due to the Issuer under the Loan Agreement on such Payment Date in accordance with the relevant Purchaser Pre-Enforcement Revenue Priority of Payments.

• Pursuant to the Security Declaration of Trust, FCTL, as Security Holder, will use its reasonable endeavours to procure that the proceeds of such trust (“Trust Proceeds”) are paid directly to the Issuer Transaction Account, where they will be treated as Collections.

More Definitions of Issuer Transaction Account

Issuer Transaction Account means any of the Issuer Collection Account, [●], [and the Issuer Reserve Account];

Issuer Transaction Account means the day to day bank accounts of the Issuer, held with the Issuer Account Bank as at the Funding 2 Program Date or that may be opened, with the prior approval of the Issuer Security Trustee, after the Closing Date;

Issuer Transaction Account means a EUR denominated account opened by the Issuer with the Issuer Account Bank with the account number [Redacted] (IBAN: [Redacted]).

Issuer Transaction Account means the day to day bank accounts of the Issuing Entity, held with the Issuer Account Bank as at the Funding 2 Program Date or that may be opened, with the prior approval of the Issuer Security Trustee, after the Closing Date;

Issuer Transaction Account means the Fourth Issuer Sterling Account;

Issuer Transaction Account means the account so named established with the Issuer Accounts Bank in accordance with the terms of the Issuer Accounts Agreement, or such other account in the name of the Issuer used for such purpose with another bank;

Issuer Transaction Account means the [o] Issuer Transaction Account; and