Charged Account definition

Charged Account means any account maintained by an Obligor outside of the PRC which from time to time is, or is expressed to be, subject to valid and effective Transaction Security pursuant to a Transaction Security Document.

Charged Account means all the rights, titles and interests in and to all sums from time to time standing to the credit of any account maintained with ICBCIS in the name of Client in any capacity whatsoever and all rights, benefits and proceeds thereof and any renewal or redesignation thereof;

Charged Account means any of the aforegoing accounts;

Examples of Charged Account in a sentence

• The Pledgee shall not be obliged to make any payment to the Account Bank, incur any expenses in connection with the Pledged Claims or the Charged Account or perform any other obligation of the Pledgor in connection with the Pledged Claims or the Charged Account.

• The Pledgor shall remain liable to perform all obligations connected with the Pledged Claims and the Pledgee shall not, in any circumstances, have or incur any obligation of any kind in connection with any Pledged Claims or the Charged Account.

• Amounts standing to the credit of the Charged Account shall bear interest at a rate considered by the Account Bank (acting reasonably) to be a fair market rate.

• All payments to be made by the Borrower to the Bank shall be made in same day funds to the Charged Account, which account shall be duly charged in favour of the Bank (or if all of the Equipment Lenders are the Banks, in favour of the Banks) by way of a first-ranking fixed pledge and charge under the Debenture.

• All payments to be made by the Borrower to the Lenders shall be made by 14:00 p.m. on the relevant date of payment in same day funds by the Borrower to the Borrower Charged Account.

More Definitions of Charged Account

Charged Account means the account in the name of the Issuer established pursuant to the Account Agreement which is charged in favour of the Bond Trustee pursuant to the Bond Trust Deed for the benefit of the 2036 Bond Beneficiaries;

Charged Account means the NTL CC Charged Account or, as the case may be, the NTL Charged Account.

Charged Account means an account, bearing interest at a commercially reasonable rate in relation to the given circumstances, in the name of any member of the NTL

Charged Account means the Cash Collateral Account more particularly described in Recital (C).

Charged Account means the account opened and maintained by the Borrower with the Security Agent which is subject to the Offshore Account Charge.

Charged Account means each of the Accounts and any account substituted as a Charged Account by written agreement between the parties; “Charged Balance” means the balance at any time on each Charged Account and includes all interest accrued;

Charged Account means an interest bearing account with the Security Trustee in the name of the Borrower, which is pledged in favour of the Banks pursuant to an Account Pledge;