Transaction Account Bank definition

Transaction Account Bank means Deutsche Bank AG, London Branch and any successor or replacement calculation agent appointed from time to time in accordance with the Transaction Account Agreement;

Transaction Account Bank means The Bank of New York Mellon, London Branch, in its capacity as Transaction Account Bank under the Transaction Account Agreement;

Transaction Account Bank. ’ means The Bank of New York and any successor appointed as transaction account bank pursuant to the Transaction Account Bank Agreement.

Examples of Transaction Account Bank in a sentence

• The Liquidity Reserve will be held in a specified account in the name of the Issuer at the Transaction Account Bank, as the same may be redesignated or replaced from time to time in accordance with the Transaction Documents ("Reserve Account").

• These uncertainties and instabilities could have an adverse impact on the business, financial condition, results of operations and prospects of the Issuer, the Debtors, the Portfolio and the Transaction Parties (including in particular, the Note Trustee, Issuer Security Trustee, Purchaser Security Trustee, Swap Counterparty, Transaction Account Bank, Arranger and the Joint Lead Managers), and could therefore also be materially detrimental to Noteholders.

• Fixed charges may take effect under English law as floating charges Pursuant to the terms of the Deed of Charge, the Issuer has purported to grant fixed charges in favour of the Security Trustee over, amongst other things, its interests in the Loans, the Mortgages and their respective Related Security, the Issuer's interest in its bank accounts maintained with the Account Bank and the Secondary Transaction Account Bank and the Issuer's interest in all Authorised Investments purchased from time to time.

• In addition, counterparties (including in particular, the Note Trustee, Issuer Security Trustee, Purchaser Security Trustee, Swap Counterparty, Transaction Account Bank, Arranger and the Joint Lead Managers, may be adversely affected by rating actions or volatile and illiquid markets (including currency markets and bank funding markets) arising from the result of the UK's departure from the EU, therefore increasing the risk that such counterparties may become unable to fulfil their obligations.

• The Bank of New York Mellon, London Branch will act as Secondary Transaction Account Bank and the Swap Collateral Account Bank.

More Definitions of Transaction Account Bank

Transaction Account Bank means Banco Santander, S.A., Frankfurt Branch, Eschersheimer Landstr. 25-27, 60322 Frankfurt am Main, Germany, any successor thereof or any other person appointed as TRANSACTION ACCOUNT BANK in accordance with the TRANSACTION ACCOUNT AGREEMENT and the TRANSACTION SECURITY AGREEMENT from time to time as the bank with whom the ISSUER holds the TRANSACTION ACCOUNT;

Transaction Account Bank means the Royal Bank of Canada, 000 Xxxx Xxxxxx Xxxx, 0xx Xxxxx, Xxxxxxx, Xxxxxxx, X0X 0X0.

Transaction Account Bank means the Royal Bank of Canada, [* * * * *].

Transaction Account Bank means the Royal Bank of Canada, 121 King Street West, 7 th Floor, Toronto, Ontario, M5H 3T9.

Transaction Account Bank. ’ means The Royal Bank of Scotland plc in its capacity as transaction account bank or any successor appointed as transaction account bank pursuant to the Transaction Account Bank Agreement.

Transaction Account Bank means Deutsche Bank AG, London.

Transaction Account Bank means Wachovia and each other bank at which, by agreement of the Seller, the Servicer and the Administrator, one or more Transaction Accounts are maintained.