Offshore Account definition

Offshore Account means a Client account where we have been instructed to appoint a Custodian outside the UK (details of such Custodian being specified in the Client Terms);
Offshore Account means each of the Offshore Revenues and Disbursement Account, the Debt Service Reserve Account, the Insurance Proceeds Account, the Offshore Operating Account and any Subaccount of any thereof.
Offshore Account means those arrangements set out in ARRANGEMENTS" Exhibit 2.

Examples of Offshore Account in a sentence

  • If You are not an Offshore Account holder and are dissatisfied with the way We deal with Your complaint, You may be able to refer this to the Financial Ombudsman Service.

  • If you are an Offshore Account holder You acknowledge that Your data may be held and processed in the United Kingdom.

  • The Offshore Account Bank shall at all times be an Acceptable Bank.

  • Offshore Bank Account Agreement.....................................................Under the terms of the Offshore Bank Account Agreement dated the Programme Closing Date as amended and restated on 26 April 2016 and 31 May 2017 among the Issuer, the Offshore Account Bank and the Security Agent (the “Offshore Bank Account Agreement”), the Offshore Account Bank has agreed to open and maintain the Offshore Bank Accounts.Hedging Agreements .................

  • The Offshore Account Bank accepts such designation and appointment in accordance with and limited to the terms and conditions of this Agreement.

  • The Construction Funding Account shall be established by the Issuer with the Offshore Account Bank prior to pre-disbursement, to which an amount of USD 85,000,000 shall be transferred from the Escrow Account in accordance with these Bond Terms.

  • The Liquidity Account shall be pledged in favour of the Offshore Security Agent so that no withdrawals can be made from such account without the Bond Trustee’s prior written consent prior written consent, and the Offshore Account Bank shall waive any set-off rights to such account.

  • In the old economy, those people were known as independent contractors, and they have always played an important role in society.

  • The Liquidity Account shall be established by the Issuer with the Offshore Account Bank prior to disbursement, to which an amount equivalent to the Minimum Liquidity shall be transferred from the Escrow Account, provided that all conditions precedent set out in Clause 6.1 (b) above have been satisfied.

  • Zierring & Young Ran Kim, U.S. Offshore Account Enforcement Issues, J.


More Definitions of Offshore Account

Offshore Account means any of the Offshore Accounts.
Offshore Account means an individual account maintained and executed at an office or branch of the Fund outside of the United States.

Related to Offshore Account

  • the Account means The State Housing Commission Account referred to in section 62;

  • Investment Account As defined in Section 3.12(a).

  • Income Account means an account referred to in paragraph 5 of Part A of Schedule 3 to this Agreement;

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • General Account means all of the assets of an insurance company except those allocated to one or more separate accounts.

  • Holding Account means an interest-bearing deposit account belonging to the Agent for the benefit of the Lenders into which the Borrower may be required to make cash deposits pursuant to the provisions of this Agreement, such account to be under the sole dominion and control of the Agent and not subject to withdrawal by the Borrower, with any amounts therein to be held for application toward payment of any outstanding Letters of Credit when drawn upon.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Direct Account means an Account established directly with and through BNYM as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through BNYM.

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

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • 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.

  • Trading Account means, with respect to each Participant, Account or Customer, each account through which the Participant will trade Swaps and through which BSEF will monitor, as applicable, the open Swap positions and closed Swap positions of such Participants, Accounts or Customers and each account through which the Participant will present a Swap for clearing to a Clearing House.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • New Account means each revolving credit card account established pursuant to a Credit Card Agreement, which account is designated pursuant to Section 2.09(c) to be included as an Account and is identified in the computer file or microfiche list delivered to the Trustee by the Sellers pursuant to Sections 2.01 and 2.09(g).

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

  • Matching Contributions Account means the account established and maintained for a Participant to record amounts held in the Trust Fund which are attributable to Matching Contributions made by a Participating Employer on behalf of such Participant in accordance with subsection 5.1(a)(iii) hereof and any such allocations made pursuant to Section 7.4.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

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

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."