SSL Account definition

SSL Account means account number EUR ▇▇▇▇-▇▇-▇▇▇▇▇ (IBAN: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇) (SWIFT code: ▇▇▇▇▇▇▇▇) held with the Account Bank in the name of the Tranche C Borrower, or such other account as may be substituted for that account in accordance with the terms of Clause 7.8(h).
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Examples of SSL Account in a sentence

  • The Tranche C Borrower shall procure that all payments made by Nordic from time to time in respect of interest and principal under the Intra-Group Capital Contribution shall be paid directly into the SSL Account.

  • Such new SSL Account will be pledged by the Tranche A Borrower to the Security Agent for the benefit of the Tranche A Lenders.

  • The Tranche A Borrower shall procure that any payments made by Nordic from time to time after the Tranche A Advance Utilisation Date in respect of interest and principal under the Intra-Group Capital Contribution shall be paid into the SSL Account.

  • Any sums received the SSL Account pursuant to this Clause 7.9 shall be applied in accordance with the terms of Clause 7.8 above and the instructions and notices issued pursuant thereto.

  • The Tranche A Borrower shall procure that any payments made by Nordic from time to time after the Tranche A Advance Utilisation Date in respect of interest and principal under the Subordinated Shareholder Loan shall be paid into the SSL Account.