Specified Bank Account definition

Specified Bank Account means any bank account of the relevant Guarantor or the Issuer having at least $10.0 million (or, if in a currency other than U.S. dollars, the U.S. dollar equivalent thereof) in deposits, measured as of the Issue Date, and thereafter as of the last day of each fiscal quarter after the Issue Date.
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Specified Bank Account means the means the bank account to which the Purchase Price is to be paid by the Investor if the Investor opts to deliver Securities by way of a sale of Treasury Shares and which is defined in Section 13 (a).
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Specified Bank Account means the bank account into which the Employee's monthly remuneration is paid by the Capitec Group from time to time;
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Examples of Specified Bank Account in a sentence

  • Further, Sintex has to mandatorily prepay the Debenture Holders out of such sale proceeds and the same were mandatorily required to be deposited in the Specified Bank Account (as defined under the Debenture Trust Deed) over which the Debenture Holders have first ranking exclusive charge.

  • By signing on this Form, the Carduser and the Company agree that upon UOB’s approval and grant of the Facility by crediting the approved amount into the Specified Bank Account, the Carduser and the Company shall be jointly and severally liable, as principal debtors, for the full repayment of the Facility together with all interests, charges and fees thereon.

  • ItzCash shall make such payment by crediting the amount to the Merchant’s Easy account (virtual account with ItzCash) / Specified Bank Account.

  • Monthly Rent – Lessee shall pay agreed monthly rent to GDA on 10th of the following Month at the GDA Specified Bank Account.

  • Agreed Assets are all Assets EXCEPT FOR (i) concessions, licenses and similar rights insofar as they relate to Ot-Ny-5 only; (ii) assets in the course of construction; (iii) raw materials and consumables; and (iv) EUR 600,000 (six hundred thousand Euros) and in respect of (i), (ii) and (iii) as shown in the Accounts and in respect of (iv) in respect of the cleared funds held in the Specified Bank Account.

  • If different bank accounts are intended to be used in respect of different HCIs (whether or not the HCIs belong to the same or different Health Care Provider(s)), a separate Authorisation Form for Payment of Subsidy to a Specified Bank Account (Appendix B) should be submitted for each of the HCIs and the corresponding bank accounts.NOTES:The enrolment status in the SCPPP of the HCI will be published in the Primary Care Directory on the internet for reference by the public.

  • If the bank correspondence relates to the Health Care Provider, the copy must be certified to be true and complete by the authorised signatory(ies) of the Health Care Provider appearing in Part 2 of the Authorisation Form for Payment of Subsidy to a Specified Bank Account (Appendix B).

  • To apply for enrolment in the SCPPP, you must submit complete the Application Form (Appendix A) and the Authorisation Form for Payment of Subsidy to a Specified Bank Account (Appendix B) electronically via the eHRSS, then print the completed forms (Appendix A and Appendix B) and submit the duly completed and signed forms and the supporting documents to the Programme Office of the SCPPP.

  • Fill in the required information in the electronic application form, then follow the steps as shown to print the completed Application Form (Appendix A) and Authorisation Form for Payment of Subsidy to a Specified Bank Account (Appendix B).

  • Transaction Documents include:  Application Form (Appendix A);  Authorisation Form for Payment of Subsidy to a Specified Bank Account (Appendix B); and  Terms and Conditions of Agreement for the Pilot Public-Private Partnership Programme on Smoking Cessation (Appendix C).

Related to Specified Bank Account

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

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

  • 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.

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

  • 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.

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

  • 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.

  • 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).

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

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

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • 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.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

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

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Currency of the Client Account means the currency that the Client Account is denominated in.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Control Account means a Securities Account or Commodities Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodities Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Investment Account As defined in Section 3.12(a).

  • 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.