Change of Account Bank. If the identity of the Account Bank changes, the Cash Manager, the Guarantor and the Bond Trustee shall execute such documents and take such actions as the new Account Bank and the outgoing Account Bank and the Bond Trustee may require for the purpose of vesting in the new Account Bank the rights and obligations of the outgoing Account Bank and releasing the outgoing Account Bank from its future obligations under this Agreement.
Change of Account Bank. (a) The Account Bank may be changed to another bank or financial institution if the Agent so requires.
Change of Account Bank. 17.1 Any legal entity (i) into which the Account Bank and/or the Cash Administrator may be merged or converted, (ii) with which the Account Bank and/or the Cash Administrator may be consolidated, (iii) to which the business of the Account Bank and/or the Cash Administrator is transferred, (iv) with which the Account Bank and/or the Cash Administrator agrees to transfer its respective rights and obligations hereunder, or (v) which results from any merger, conversion, consolidation or transfer to which the Account Bank and/or the Cash Administrator shall be a party shall, subject to the Conditions and to the extent permitted by applicable law, be the successor Account Bank or the Cash Administrator (as the case may be) under this Agreement without any further formality, and after such effective date all references in this Agreement to the Account Bank and/or the Cash Administrator shall be deemed to be references to such corporation and, by virtue of a transfer by novation, such successor shall acquire and become subject to the same rights and obligations under this Agreement as Account Bank or as Cash Administrator as if the successor had entered into this Agreement on or about the Signing Date. Notice of any such merger, conversion, consolidation or transfer shall forthwith be given by the Account Bank and/or the Cash Administrator to the Issuer and the Security Trustee.
Change of Account Bank. If there is any change in the identity of the Master Issuer Account Bank, then the Master Issuer Cash Manager, the Master Issuer, the Master Issuer Security Trustee and any other existing Master Issuer Account Bank shall execute such documents and take such actions as the new Master Issuer Account Bank, the retiring Master Issuer Account Bank and the Master Issuer Security Trustee may require for the purpose of vesting in the new Master Issuer Account Bank the rights and obligations of the retiring Master Issuer Account Bank and releasing the outgoing Master Issuer Account Bank from its future obligations under this Agreement.
Change of Account Bank. (a) The Account Bank may be changed to another bank or financial institution if the Chargee reasonably requires.
Change of Account Bank. (a) Any Account Bank may be changed to another bank in the Territory and additional banks in the Territory may be appointed as Account Banks if the Chargor and the Collateral Agent so agree.
Change of Account Bank. If, in accordance with the terms of the Spanish Account Bank Agreement, (a) the Spanish Servicer or Dutch FleetCo wishes to terminate the appointment of the Dutch FleetCo Spanish Account Bank and/or the Dutch FleetCo Spanish Account Bank Operator, or (b) the Dutch FleetCo Spanish Account Bank at which the Dutch FleetCo Spanish Bank Accounts are held and/or the Dutch FleetCo Spanish Account Bank Operator tenders its resignation in accordance with the terms of clause 13.3 (Resignation of Dutch FleetCo Spanish Account Bank or Dutch FleetCo Spanish Account Bank Operator) of the Spanish Account Bank Agreement, the Spanish Servicer shall ensure that:
Change of Account Bank. In the event of a change of Account Bank in accordance with the Credit Agreement, the amount (if any) standing to the credit of the Security Account maintained with the old Account Bank shall be transferred to the corresponding Security Account maintained with the new Account Bank forthwith upon the appointment taking effect. The Chargor shall take any action which the Security Agent may reasonably require to facilitate such change of Account Bank and any transfer of credit balances (including the execution of bank mandate forms).
Change of Account Bank. The Borrower may not at any time change the Account Bank without the prior written consent of the Lender.
Change of Account Bank. (a) An Account Bank may only be changed with the prior written consent of the Collateral Agent.
