Issuer Bank Accounts definition

Issuer Bank Accounts means, in relation to the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Bank Accounts, the Second Issuer Bank Accounts and the Third Issuer Bank Accounts respectively and, in relation to any New Issuer, the Current Issuer Bank Accounts as defined in the Issuer Master Definitions Schedule relating to that New Issuer;
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Issuer Bank Accounts means in relation to: (a) the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Bank Accounts, the Second Issuer Bank Accounts and the Third Issuer Bank Accounts respectively; (b) any other Funding Issuer, the Current Issuer Bank Accounts; and (c) any Funding 2 Issuer, the Issuer Bank Accounts as defined in the Issuer Master Definitions Schedule relating to such Funding 2 Issuer;
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Examples of Issuer Bank Accounts in a sentence

  • Notwithstanding anything to the contrary contained herein, the Current Issuer may (a) make cash payments out of the Current Issuer Bank Accounts relating to the Current Issuer Notes as and to the extent permitted or required by the Current Issuer Transaction Documents (b) act in relation to the Current Issuer Charged Property as permitted under the Current Issuer Deed of Charge and (c) take any other action not inconsistent with the Trust Indenture Act.

  • Any amount or securities so withdrawn shall be released from the Security Interests (including the Jersey Security Interests) created under this Current Issuer Deed of Charge provided that any amount withdrawn from the Current Issuer Bank Accounts is applied in accordance with and subject to the relevant Current Issuer Priority of Payments.

  • Any amount or securities so withdrawn shall be released from the Issuer Security provided that any amount withdrawn from the Issuer Bank Accounts is applied in accordance with and subject to the relevant Issuer Priority of Payments.

  • In administering the Issuer Bank Accounts on behalf of the Master Issuer and the Issuer Security Trustee, the Issuer Cash Manager shall comply with the provisions of Schedule 2 prior to receipt by the Issuer Cash Manager of a copy of any Issuer Enforcement Notice served on the Master Issuer.

  • The Issuer Cash Manager hereby confirms that the Issuer Bank Accounts have been established on or before the date hereof and that the mandates in the agreed form will apply thereto at the Funding 2 Programme Date.

  • The Issuer Cash Manager undertakes (to the extent to which the same is within its control in its capacity as Issuer Cash Manager) that at the Funding 2 Programme Date the Issuer Bank Accounts will be operative and that the Issuer Cash Manager will not knowingly create or permit to subsist any Security Interest in relation to the Issuer Bank Accounts other than as created under or permitted pursuant to the Issuer Deed of Charge.

  • If any sums which are payable by the Ninth Issuer under Clause 5.2 (Pre-Enforcement Priorities of Payment) or Clause 6 (Payments out of the Ninth Issuer Bank Accounts upon Enforcement) of this Deed are subject to VAT, the Ninth Issuer shall make payment of the amount in respect of VAT to the relevant person in accordance with the order of priorities set out in those clauses.

  • Following service of an Issuer Enforcement Notice, the Issuer Security Trustee or any Receiver appointed by the Issuer Security Trustee will administer the Issuer Bank Accounts in accordance with the terms of the Issuer Deed of Charge and, in the case of amounts standing to the credit of the Issuer Swap Collateral Accounts, in accordance with the Issuer Swap Agreement.

  • The Eighth Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each of the Eighth Issuer Bank Accounts (subject to CLAUSE 6.3 of the Eighth Issuer Bank Account Agreement) and that it furnishes a copy of such statements to the Eighth Issuer and the Security Trustee, unless otherwise agreed.

  • The Seventh Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each of the Seventh Issuer Bank Accounts (subject to CLAUSE 6.3 of the Seventh Issuer Bank Account Agreement) and that it furnishes a copy of such statements to the Seventh Issuer and the Security Trustee, unless otherwise agreed.


More Definitions of Issuer Bank Accounts

Issuer Bank Accounts means the Issuer Transaction Account and also includes any additional or replacement bank account opened in the name of the Issuer from time to time with the prior written consent of the Issuer Security Trustee and the Rating Agencies;
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Issuer Bank Accounts means the Issuer Transaction Account and also includes any additional or replacement bank account opened in the name of the Issuing Entity from time to time with the prior written consent of the Issuer Security Trustee and the Rating Agencies;
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Issuer Bank Accounts means the Cash Reserve Account, the Issuer Transaction Account and the Liquidity Reserve Account;
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Issuer Bank Accounts means the Issuer Distribution Account and any other account which may be opened by the Issuer from time to time;
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Issuer Bank Accounts means, in relation to the First Issuer, the First Issuer Bank Accounts and, in relation to any New Issuer, the bank accounts identified for such New Issuer under the relevant Issuer Transaction Documents and as defined in that Issuer Master Definitions Schedule relating to that New Issuer;
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Related to Issuer Bank Accounts

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

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

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

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

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

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

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

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

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • 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).

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Issuer Accounts means, collectively, the Excess Funding Account, the Collection Account and any Supplemental Issuer Account, including any Sub-Accounts thereof.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.