Examples of Offshore Account Bank in a sentence
The Offshore Account Bank accepts such designation and appointment in accordance with and limited to the terms and conditions of this Agreement.
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 Construction Funding 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, and the Offshore Account Bank shall waive any set-off rights to such account.
The DRP will not apply in any case where, in accordance with the Constitution or otherwise by law, the Responsible Entity is entitled by law to retain all or part of a Distribution payable in respect of Units which a Participant has nominated as participating in the DRP or where the Responsible Entity is entitled to a charge over those Units or over any relevant Distribution payable.
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.