Transaction Account Mandate definition

Transaction Account Mandate means the bank account mandate between the Guarantor and the Account Bank relating to the operation of the Transaction Account;
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Transaction Account Mandate means the resolutions, instructions and signature authorities relating to the Transaction Account in the form agreed between the Account Bank and the Issuer;
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Examples of Transaction Account Mandate in a sentence

  • The Account Bank acknowledges that the Transaction Account Mandate and any other mandates delivered from time to time pursuant to the terms hereof shall be subject to the terms of the Deed of Charge and this Agreement.

  • The Cash Manager shall, prior to seeking any amendments to the Transaction Account Mandate and/or the GIC Account Mandate which would require the consent of the Security Trustee in accordance with this Clause 5.3, confirm to the Account Bank or the GIC Provider as applicable, whether the consent of the Security Trustee has been obtained.

  • In the case of the Transaction Account, the Issuer has delivered to the Account Bank prior to the Closing Date the duly executed Transaction Account Mandate in the form set out in Schedule 1 (Form of Transaction Account Mandate) and relating to the Transaction Account, and the Account Bank hereby confirms to the Security Trustee that the Transaction Account Mandate has been provided to it, that the Transaction Account is open and that the Transaction Account Mandate is operative.

  • The parties hereto agree and acknowledge that, on or prior to the date of this Agreement the existing transaction account held with Santander UK in the name of Funding will be closed and the new Funding Transaction Account will be opened with The Bank of New York Mellon, acting through its London Branch (in its capacity as Account Bank A), subject to the terms of this Agreement and the Funding Transaction Account Mandate.

  • The Cash Manager shall, prior to seeking any amendments to the Transaction Account Mandate and/or the GIC Account Mandate which would require the consent of the Security Trustee in accordance w ith this Clause 5.3, confirm to the Account Bank or the GIC Provider as applicable, whether the consent of the Security Trustee has been obtained.

  • The Master Issuer Account Bank acknowledges that the Master Issuer Transaction Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Master Issuer Deed of Charge and this Agreement.

  • The parties hereto agree and acknowledge that, on or prior to the date of this Agreement the existing transaction account held with Santander UK in the name of Funding 1 will be closed and the new Funding 1 Transaction Account will be opened with The Bank of New York Mellon, London Branch (in its capacity as Account Bank A), subject to the terms of this Agreement and the Funding 1 Transaction Account Mandate.

  • In the case of the Transaction Account, the Issuer has delivered to the Account Bank prior to the Closing Date the duly executed Transaction Account Mandate in the form set out in Schedule 1 (Form of Transaction Account Mandate) and relating to the Transaction Account, and the Ac c ount Bank hereby confirms to the Security Trustee that the Transaction Account Mandate has been provided to it, that the Transaction Account is open and that the Transaction Account Mandate is operative.

  • The Eighth Issuer Account Bank acknowledges that the Eighth Issuer Transaction Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Eighth Issuer Deed of Charge and this Agreement.

  • The Seventh Issuer Account Bank acknowledges that the Seventh Issuer Transaction Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Seventh Issuer Deed of Charge and this Agreement.

Related to Transaction Account Mandate

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Accounts As defined in Section 3.10(a).

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance reasonably satisfactory to the Administrative Agent.

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

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Administration Account As defined in Section 7.02.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Dominion Account a special account established by Borrowers at Bank of America or another bank acceptable to Agent, over which Agent has exclusive control for withdrawal purposes.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Account Agreement means the agreements for the operation of the Account.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Deposit Account Control Agreement means an agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Deposit Account.