Bank Account Agreement definition

Bank Account Agreement means the agreement entered into on or about the Initial Closing Date between the Account Banks, the Mortgages Trustee, Funding and the Security Trustee which governs the operation of the Mortgages Trustee Bank Accounts and the Funding Bank Accounts other than the Funding (Issuer) GIC Accounts, as has been and may be amended, restated, novated, varied or supplemented from time to time and shall include any additional and/or replacement bank account agreement entered into by such parties from time to time;

Bank Account Agreement means the bank account agreement entered into on the Programme Date by and among the Guarantor, the Account Bank, the Cash Manager and the Bond Trustee (as amended and/or restated and/or supplemented from time to time) and, if applicable, unless the context requires otherwise, the Stand-by Bank Account Agreement;

Bank Account Agreement means the bank account agreement entered into on the Programme Establishment Date, and most recently amended and restated as of June 24, 2013, by and among the Guarantor LP, the Account Bank, the Cash Manager and the Bond Trustee, as the same may be amended, varied, supplemented, restated or extended from time to time, and, if applicable, unless the context requires otherwise, the Stand-by Bank Account Agreement;

Examples of Bank Account Agreement in a sentence

• On the Initial Closing Date, the Mortgages Trustee entered into the Servicing Agreement, the Cash Management Agreement, the Mortgage Sale Agreement, the Mortgages Trustee Guaranteed Investment Contract and the Bank Account Agreement.

• The Mortgages Trustee GIC Provider confirms that (on the instructions of the Mortgages Trustee (as trustee for the Beneficiaries)) the Mortgages Trustee GIC Account has been opened in its books in the name of the Mortgages Trustee, and it agrees to accept on deposit in the Mortgages Trustee GIC Account all monies transferred to the Mortgages Trustee from time to time subject to and upon the terms of this Agreement and the Bank Account Agreement.

• Except in the case of the Current Issuer Principal Deficiency Ledger and except as provided in Clause 2.4.(b) of the Current Issuer Bank Account Agreement, a debit item shall only be made in respect of any of the Current Issuer Ledgers, and the corresponding payment or transfer (if any) may only be made from the Current Issuer Transaction Accounts, to the extent that such entry does not cause the relevant ledger to have a debit balance.

• Non-monetary assets and liabilities have been translated at the rate of exchange in effect at the time the related transactions occurred.

• Issuer Cash Manager shall promptly notify each of the Master Issuer and the Master Issuer Security Trustee in writing of any additional account which is established pursuant to clause 3.1 or clause 3.3 of the Master Issuer Bank Account Agreement or any account established to replace or supplement such account.

More Definitions of Bank Account Agreement

Bank Account Agreement means the agreement entered into on or about the Initial Closing Date between the Account Banks, the Mortgages Trustee, Funding and the Security Trustee which governs the operation of the Mortgages Trustee Bank Accounts and the Funding Bank Accounts other than the

Bank Account Agreement means the bank account agreement entered into on the Programme Date as amended and restated on 4 October 2007 between the LLP, the Account Banks, the Cash Manager and the Security Trustee (as the same may be further amended, restated, supplemented, replaced or novated from time to time); Base Rate Modification has the meaning given to it in Condition 14(d) of the Programme Conditions; Base Rate Modification Certificate has the meaning given to it in Condition 14(d)(A) of the Programme Conditions;

Bank Account Agreement means the agreement entered into on or about the Initial Closing Date between the Account Banks, the Mortgages Trustee, Funding and the Security Trustee which governs the operation of the Mortgages Trustee Bank Accounts and the Funding Bank Accounts other than the Funding (Issuer) GIC Accounts and shall include any additional and/or replacement bank account agreement entered into by such parties from time to time;

Bank Account Agreement means the bank account agreement entered into on or before the Issue Date between the Issuer, the Manager, the Account Bank and the Agent, regarding the Issuer Bank Accounts and the Custodial Account, or another bank account agreement entered into after the Issue Date between the Issuer, the Manager, the Agent and a new Account Bank.

Bank Account Agreement means the Bank Account Agreement dated 14 June 2002 as further amended and restated on 11 December 2014 and made between Funding 1, Funding 2, the Funding 1 Security Trustee, the Funding 2 Security Trustee and the Security Provider (in its capacity as Account Bank) (as amended, restated, supplemented, novated and/or replaced from time to time) which governs the operation of the Funding 2 Collateralised GIC Account.

Bank Account Agreement means the amended and restated bank account agreement entered into on on or around the date hereof between the Fund, the Account Banks, the Cash Manager and the Representative (as amended and/or supplemented and/or restated from time to time); Block Voting Instruction has the meaning given to it in Schedule 6 to the Representative and Agency Agreement; Borrower means, in relation to a Loan, each individual specified as such in the relevant Mortgage Terms together with each individual (if any) from time to time assuming an obligation to repay such Loan or any part of it; Broken Amount means in respect of the Fixed Rate Covered Bonds, the meaning (if any) given in the applicable Final Terms; Business Day means a day which is both:

Bank Account Agreement means the Account Opening and Maintenance Agreement between the Client and the Bank, in which the terms and conditions of keeping and servicing the Account are defined;