Euro Account Sample Clauses

Euro Account. (i) On each Reset Date when the Reset Rate Notes are to be reset to be denominated in Euros during the next Reset Period, the Trust shall establish and maintain a Euro Account for the Reset Rate.
Sample 1Sample 2Sample 3See All (5)
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Euro Account. (i) The Trust shall establish on the Closing Date and shall maintain a Euro Account for any class of Reset Rate Notes during any Reset Period (including each initial Reset Period) when any class of Reset Rate Notes is denominated in Euros.
Sample 1Sample 2See All (5)
Euro Account. On the Closing Date, with respect to the Class A-4B Notes, the Trust shall establish and maintain a Euro Account for the Class A-4B Notes.
Sample 1See All (4)
Euro Account. Name Title Signature EXECUTION PAGE THE CURRENT ISSUER EXECUTED BY GRANITE MORTGAGES 03-1 PLC AS FOLLOWS: Signed for and on its behalf by one of its duly authorised attorneys/signatories By______________________________________ Duly Authorised Attorney/Signatory Name____________________________________ THE CURRENT ISSUER CASH MANAGER EXECUTED BY NORTHERN ROCK PLC AS FOLLOWS: Signed for and on its behalf by one of its duly authorised attorneys/signatories By______________________________________ Duly Authorised Attorney/Signatory Name____________________________________ THE NOTE TRUSTEE EXECUTED BY THE BANK OF NEW YORK AS FOLLOWS: Signed for and on its behalf by one of its duly authorised attorneys/signatories By______________________________________ Duly Authorised Attorney/Signatory Name____________________________________ THE CURRENT ISSUER ACCOUNT BANK EXECUTED BY CITIBANK, N.A. AS FOLLOWS: Signed for and on its behalf by one of its duly authorised attorneys/signatories By______________________________________ Duly Authorised Attorney/Signatory Name____________________________________
Sample 1
Euro Account. The Borrower may only deposit amounts into the Euro Account by way of transfer from the Operating Account pursuant to clause (b)(v). On the terms and subject to the conditions of this Agreement (including Clauses 4.4(b), 4.4(e) and 4.4(i)), the Borrower may only instruct the Project Account Bank (Offshore) to disburse funds from the Euro Account (i) for transfer to the Operating Account or (ii) for payment (including by transfer to the Project Account (Mali)) of BONA FIDE Project Costs (excluding, however, Project Costs of the nature referred to in clauses (b)(iii) and
Sample 1
Euro Account. The Issuer must direct the Euro Currency Swap Provider to pay all amounts denominated in (euro) payable to the Issuer by the Euro Currency Swap Provider under the Euro Currency Swap into the Euro Account or to the Principal Paying Agent on behalf of the Issuer. On each Quarterly Payment Date, the Issuer must, on the direction of the Manager, or must require that the Principal Paying Agent on its behalf, distribute from the Euro Account the relevant amounts of principal and interest due in respect of each Class A[ ] Note in accordance with the Note Trust Deed and in the order of priority in Conditions 4(g) and 5(b).
Sample 1
Euro Account. The Issuer shall direct the Currency Swap Provider to pay all amounts denominated in (euro) payable to the Issuer by the Currency Swap Provider under the Currency Swap into the Euro Account or to the Principal Paying Agent under the Agency Agreement on behalf of the Issuer. If any of the Issuer, the Manager or the Servicer receives any amount denominated in (euro) from the Currency Swap Provider under a Currency Swap, they will promptly pay that amount to the credit of the Euro Account. The Issuer shall, on the direction of the Manager, or shall require that the Paying Agent on its behalf, pay all amounts credited to the Euro Account by the Currency Swap Provider as specified in clause 5.18 of the Supplementary Terms Notice, and in accordance with the Note Trust Deed and the Agency Agreement. -------------------------------------------------------------------------------- Page 108 + Note Trust Deed Allens Arthur Robinsxx --------------------------------------------------------------------------------
Sample 1
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Euro Account. The Issuer shall direct the Currency Swap Provider to pay all amounts denominated in (euro) payable to the Issuer by the Currency Swap Provider under the Currency Swap into the Euro Account or to the Principal Paying Agent under the Agency Agreement on behalf of the Issuer.
Sample 1

Related to Euro Account

  • Funding Account The Administrative Agent shall have received a notice setting forth the deposit account of the Borrower (the “Funding Account”) to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

  • Investment Account The Manager shall maintain an investment account or accounts in the Manager’s name (the “Account”) on behalf of the Principal, any other participating insurer affiliated with the Principal and/or the Ultimate Parent Company, an insurance subsidiary or affiliate of the Principal and/or the Ultimate Parent Company or a pension plan or profit-sharing plan of the Principal, its insurance subsidiaries or affiliates, (collectively, the “Participants”), and shall hold therein all debt obligations, accounts or deposits permitted by the New Hampshire Insurance Code as more fully described on Exhibit A, as may be amended from time to time, and attached hereto and incorporated herein (collectively, “Investments”), deposited in or purchased or otherwise acquired for and on behalf of the Principal and the Participants from time to time pursuant to the terms and conditions of this Agreement. All Investments in the Account shall be Short-Term Obligations.

  • Designated Account Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

  • Designated Accounts The Collection Account, the Note Distribution Account and the Reserve Account, collectively. Determination Date: The tenth day of each calendar month, or if such tenth day is not a Business Day, the next succeeding Business Day. Discount Rate: 0.00% per annum.

  • Segregated Account The Custodian shall upon receipt of Proper Instructions from the Fund on behalf of each applicable Portfolio establish and maintain a segregated account or accounts for and on behalf of each such Portfolio, into which account or accounts may be transferred cash and/or securities, including securities maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Portfolio, (ii) for purposes of segregating cash or government securities in connection with options purchased, sold or written by the Portfolio or commodity futures contracts or options thereon purchased or sold by the Portfolio, (iii) for the purposes of compliance by the Portfolio with the procedures required by Investment Company Act Release No. 10666, or any subsequent release or releases of the Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies and (iv) for other proper corporate purposes, BUT ONLY, in the case of clause (iv), upon receipt of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio, a certified copy of a resolution of the Board of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, setting forth the purpose or purposes of such segregated account and declaring such purposes to be proper corporate purposes.

  • Excess Reserve Fund Account; Distribution Account (a) The Securities Administrator shall establish and maintain the Excess Reserve Fund Account, on behalf of the Class X Certificateholders, to receive that portion of the distributions on the Class X Interest up to an amount equal to any Basis Risk Payments and to pay to the LIBOR Certificateholders any Basis Risk Carry Forward Amounts (prior to using any Net Swap Receipts). For the avoidance of doubt, any Basis Risk Carry Forward Amounts shall be paid to the LIBOR Certificates first from the Excess Reserve Fund Account and then from the Supplemental Interest Trust. On each Distribution Date on which there exists a Basis Risk Carry Forward Amount on any Class of LIBOR Certificates, the Securities Administrator shall (1) withdraw from the Distribution Account and deposit in the Excess Reserve Fund Account, as set forth in Section 4.02(a)(iii)(L), the lesser of the Class X Distributable Amount (to the extent remaining after the distributions specified in Sections 4.02(a)(iii)(A)-(K) and without regard to the reduction in clause (iii) of the definition thereof for any Basis Risk Carry Forward Amounts or any Defaulted Swap Termination Payment) and the aggregate Basis Risk Carry Forward Amount and (2) withdraw from the Excess Reserve Fund Account amounts necessary to pay to such Class or Classes of LIBOR Certificates the applicable Basis Risk Carry Forward Amounts. Such payments, along with payments from the Supplemental Interest Trust, shall be allocated to those Classes based upon the amount of Basis Risk Carry Forward Amount owed to each such Class and shall be paid in the priority set forth in Section 4.02(a)(iii)(M). In the event that the Class Certificate Balance of any Class of Certificates is reduced because of Applied Realized Loss Amounts, the applicable Certificateholders will not be entitled to receive Basis Risk Carry Forward Amounts on the written down amounts on such Distribution Date or any future Distribution Dates (except to the extent such Class Certificate Balance is increased as a result of any Subsequent Recoveries), even if funds are otherwise available for distribution. The Securities Administrator shall account for the Excess Reserve Fund Account as an asset of a grantor trust under subpart E, Part I of subchapter J of the Code and not as an asset of any Trust REMIC created pursuant to this Agreement. The beneficial owners of the Excess Reserve Fund Account are the Class X Certificateholders. Any Basis Risk Carry Forward Amounts distributed by the Securities Administrator to the LIBOR Certificateholders from the Excess Reserve Fund Account shall be accounted for by the Securities Administrator, for federal income tax purposes, as amounts paid first to the Holders of the Class X Certificates (in respect of the Class X Interest) and then to the respective Class or Classes of LIBOR Certificates. In addition, the Securities Administrator shall account for the rights of Holders of each Class of LIBOR Certificates to receive payments of Basis Risk Carry Forward Amounts from the Excess Reserve Fund Account (along with payments of Basis Risk Carry Forward Amounts and without duplication, Upper-Tier Carry Forward Amounts from the Supplemental Interest Trust) as rights in a separate limited recourse interest rate cap contract written by the Class X Certificateholders in favor of Holders of each such Class. Notwithstanding any provision contained in this Agreement, the Securities Administrator shall not be required to make any payments from the Excess Reserve Fund Account except as expressly set forth in this Section 3.27(a).

  • Settlement Account Money debited to the Capital Account in respect of the cost of purchases made on the Client's behalf and money received and receivable upon settlement of each sale made on the Client's behalf will be credited to this account and held there until the relevant settlement date.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Income Account The Trustee shall collect the dividends and other cash distributions on the Securities in each Trust which would be treated as dividend (other than capital gain dividends) or interest income under the Internal Revenue Code as such become payable (including all monies which would be so treated representing penalties for the failure to make timely payments on the Securities, or as liquidated damages for default or breach of any condition or term of the Securities or of the underlying instrument relating to any Securities and other income attributable to a Failed Contract Obligation for which no Replacement Security has been obtained pursuant to Section 3.12 hereof) and credit such income to a separate account for each Trust to be known as the "Income Account." Any non-cash distributions received by a Trust shall be sold to the extent they would be treated as dividend or interest income under the Internal Revenue Code and the proceeds shall be credited to the Income Account. Except as provided in the preceding sentence, non-cash distributions received by a Trust (other than a non-taxable distribution of the shares of the distributing corporation which shall be retained by a Trust) shall be dealt with in the manner described in Section 3.11, herein, and shall be retained or disposed of by such Trust according to those provisions and the proceeds thereof shall be credited to the Capital (Principal) Account. Neither the Trustee nor the Depositor shall be liable or responsible in any way for depreciation or loss incurred by reason of any such sale. All other distributions received by a Trust shall be credited to the Capital (Principal) Account."

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