Common use of Cash Account Clause in Contracts

Cash Account. (a) Any amount standing to the credit of the Cash Account will be either: (i) deposited during the period it is credited to the Accounts in one or more deposit accounts at X.X. Xxxxxx’x head office or, if Customer so agrees in writing, at one of its non-U.S. branch offices and will constitute a debt owing to the Customer by X.X. Xxxxxx as a banker, provided that any cash so deposited with a non-U.S. branch office will be payable exclusively by that branch office in the applicable currency, subject to compliance with Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency; or

Cash Account. (a) Any amount standing to the credit of the Cash Account will be either: (i) deposited during the period it is credited to the Accounts in one or more deposit accounts at X.X. J.X. Xxxxxx’x head office or, if Customer so agrees in writing, or at one of its non-U.S. branch offices and will constitute a debt owing to the Customer by X.X. J.X. Xxxxxx as a banker, provided that any cash so deposited with a non-non- U.S. branch office will be payable exclusively by that branch office in the applicable currency, subject to compliance with Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency; or

Cash Account. (a) Any amount standing to the credit of the Cash Account will be either: (i) deposited during the period it is credited to the Accounts in one or more deposit accounts at X.X. Xxxxxx’x head office or, if Customer so agrees in writing, or at one of its non-U.S. branch offices and will constitute a debt owing to the Customer by X.X. Xxxxxx as a banker, provided that any cash so deposited with a non-U.S. branch office will be payable exclusively by that branch office in the applicable currency, subject to compliance with Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency; or

Cash Account. (a) Any amount standing to the credit of the Cash Account will be either: (i) deposited during the period it is credited to the Accounts in one or more deposit accounts at X.X. Xxxxxx’x head office or, if Customer so agrees in writing, or at one of its non-U.S. branch offices and will constitute a debt owing to the Customer by X.X. Xxxxxx as a banker, provided that any cash so deposited with a non-—U.S. branch office will be payable exclusively by that branch office in the applicable currency, subject to compliance with Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency; or

Cash Account. (a) Any amount standing to the credit of the Cash Account will be either: (i) deposited during the period it is credited to the Accounts in one or more deposit accounts at X.X. Xxxxxx’x head office or, if Customer so agrees in writing, or at one of its non-U.S. branch offices and will constitute a debt owing to the Customer by X.X. Xxxxxx as a banker, provided that any cash so deposited with a non-non- U.S. branch office will be payable exclusively by that branch office in the applicable currency, subject to compliance with Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency; or