TP Account definition
TP Account means any account that any third party (including but not limited to subsidiaries, holding companies, related companies, the Customer's clients, the Customer's vendors and service providers, etc.) maintains with RHB Bank or any other licensed financial institution (whether in Malaysia or elsewhere) approved by RHB Bank.
Examples of TP Account in a sentence
In addition, the TPOC Portfolio and an Other TP Account may invest in different debt instruments of a portfolio company, giving rise to conflicts concerning their respective entitlements or priority in a bankruptcy proceeding or other transaction.
In some cases, the TPOC Portfolio may own a debt investment in a portfolio company while an Other TP Account owns both an equity investment and a debt investment in the same portfolio company.
For example, the TPOC Portfolio may own a debt investment in a portfolio company while an Other TP Account owns an equity investment in the same portfolio company.