Change of Account Bank. If there is any change in the identity of the Account Bank, then the Administrators, the Issuer, the Trustee, the Sellers and any other existing account bank shall execute such documents and take such actions as the new account bank and the retiring account bank and the Trustee may require for the purpose of vesting in the new account bank the rights, benefits and obligations of the retiring account bank and releasing the retiring account bank from its future obligations under this Agreement.
Appears in 4 contracts
Samples: Account Bank Agreement, Account Bank Agreement, Account Bank Agreement
Change of Account Bank. If there is any change in the identity of the (i) Account Bank, then the AdministratorsBank A or (ii) Account Bank B, the IssuerCash Manager, the Mortgages Trustee, Funding and the Sellers and any other existing account bank Security Trustee shall execute such documents and take such actions as the relevant new account bank Account Bank and the retiring account bank relevant outgoing Account Bank and the Security Trustee may require for the purpose of vesting in the relevant new account bank Account Bank the rights, benefits rights and obligations of the retiring account bank relevant outgoing Account Bank and releasing the retiring account bank relevant outgoing Account Bank from its future obligations under this Agreement.
Appears in 3 contracts
Samples: Bank Account Agreement, Bank Account Agreement, Bank Account Agreement
Change of Account Bank. If there is any change in the identity of the Account Bank, then the AdministratorsAdministrator, the Issuer, the Trustee, the Sellers Seller and any other existing account bank shall execute such documents and take such actions as the new account bank and the retiring account bank and the Trustee may require for the purpose of vesting in the new account bank the rights, benefits and obligations of the retiring account bank and releasing the retiring account bank from its future obligations under this Agreement.
Appears in 3 contracts
Samples: Account Bank Agreement, Account Bank Agreement, Administration Agreement
Change of Account Bank. If there is any change in the identity of the Account Bank, then the AdministratorsBank changes, the IssuerCash Manager, the Trustee, Guarantor LP and the Sellers and any other existing account bank Bond Trustee shall execute such documents and take such actions as the new account bank Account Bank and the retiring account bank outgoing Account Bank and the Bond Trustee may require for the purpose of vesting in the new account bank Account Bank the rights, benefits rights and obligations of the retiring account bank outgoing Account Bank and releasing the retiring account bank outgoing Account Bank from its future obligations under this Agreement.
Appears in 3 contracts
Samples: Bank Account Agreement (RBC Covered Bond Guarantor Limited Partnership), Bank Account Agreement, Bank Account Agreement (RBC Covered Bond Guarantor Limited Partnership)
Change of Account Bank. If there is any change in the identity of the Account Bank, then the Administratorsotherwise permitted hereunder, the IssuerCash Manager, the TrusteeGDA Provider, the Sellers and any other existing account bank shall Guarantor, the Bond Trustee will execute such documents and take such actions as the each new account bank Account Bank and the retiring account bank ongoing Account Bank and the Bond Trustee may require for the purpose of vesting in each new Account Bank the new account bank the rights, benefits rights and obligations of the retiring account bank outgoing Account Bank and releasing the retiring account bank outgoing Account Bank from its future obligations under this Agreement.
Appears in 1 contract
Change of Account Bank. If there is any change in the identity of the Account Bank, then the AdministratorsCash Manager, the Issuer, the Mortgages Trustee, Funding and the Sellers and any other existing account bank Security Trustee shall execute such documents and take such actions as the new account bank Account Bank and the retiring account bank outgoing Account Bank and the Security Trustee may require for the purpose of vesting in the new account bank Account Bank the rights, benefits rights and obligations of the retiring account bank outgoing Account Bank and releasing the retiring account bank outgoing Account Bank from its future obligations under this Agreement.
Appears in 1 contract
Change of Account Bank. If there is any change in the identity of the Account Bank, then the AdministratorsBank changes, the IssuerCash Manager, the Trustee, Guarantor and the Sellers and any other existing account bank Bond Trustee shall execute such documents and take such actions as the new account bank successor Account Bank and the retiring account bank outgoing Account Bank and the Bond Trustee may require for the purpose of vesting in the new account bank successor Account Bank the rights, benefits rights and obligations of the retiring account bank outgoing Account Bank and releasing the retiring account bank outgoing Account Bank from its future obligations under this Agreement.
Appears in 1 contract
Samples: Bank Account Agreement
Change of Account Bank. If there is any change in the identity of the Account Bank, then the AdministratorsCash Manager, the IssuerFund, the Trustee, GIC Provider and the Sellers and any other existing account bank Representative shall execute such documents and take such actions as the new account bank Account Bank and the retiring account bank outgoing Account Bank and the Trustee Representative may require for the purpose of vesting in the new account bank Account Bank the rights, benefits rights and obligations of the retiring account bank outgoing Account Bank and releasing the retiring account bank outgoing Account Bank from its future obligations under this Agreement.
Appears in 1 contract
Samples: Bank Account Agreement