Examples of Issuer Accounts in a sentence
Management of Issuer Accounts The Servicer has agreed to operate the bank accounts of the Issuer pursuant to the Services Agreement.
The Issuer Account Bank will also provide to the Issuer certain account management and cash handling services in respect of the Issuer Accounts.
The Issuer has limited resources available to meet its obligations The ability of the Issuer to meet its obligations in full to pay principal and interest on the Notes will be dependent on the receipt by it of (i) funds under the Loans, (ii) payments under the Class A Swap Agreement and the Class B Swap Agreement and(iii) interest in respect of the balance standing to the credit of the Issuer Accounts.
The Class B Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Class B Notes after the date on which the Issuer no longer holds any Mortgage Receivables and there is no balance standing to the credit of the Issuer Accounts and the Issuer has no further rights under or in connection with any of the Transaction Documents.
Applicable law and jurisdiction The Issuer Accounts Agreement is governed by and construed in accordance with Portuguese law.