Common use of Monthly Statement Clause in Contracts

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Account Bank shall and is hereby authorized to provide each of the Cash Manager, the Guarantor and the Bond Trustee with a written statement in respect of each Guarantor Account delivered in accordance with Section 12 on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Account Bank shall and is hereby authorized to provide each of the Cash Manager, the Guarantor LP and the Bond Trustee with a written statement statement, prepared in accordance with sound business and accounting practices, in respect of each Guarantor LP Account delivered in accordance with Section 12 10 on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 3 contracts

Samples: Account Agreement (RBC Covered Bond Guarantor Limited Partnership), Account Agreement, Account Agreement (RBC Covered Bond Guarantor Limited Partnership)

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Account Bank shall and is hereby authorized to provide each of the Cash Manager, the Guarantor and the Bond Trustee with a written statement in respect of each Guarantor Account delivered in accordance with Section Article 12 on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Stand-By Account Bank shall and is hereby authorized to provide each of the Cash Manager, the Guarantor and the Bond Trustee with a written statement in respect of each Guarantor Account delivered in accordance with Section 12 on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement (BMO Covered Bond Guarantor Limited Partnership)

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Account Bank shall will and is hereby authorized to provide each of the Cash Manager, the Guarantor and the Bond Trustee with a written statement in respect of each Guarantor Account delivered in accordance with Section 12 (Notices) on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 1 contract

Samples: Bank of Nova Scotia /

AutoNDA by SimpleDocs

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Account Bank Depository Institution shall and is hereby authorized to provide each of the Cash Manager, the Guarantor and the Bond Trustee with a written statement in respect of each Guarantor Account delivered in accordance with Section 12 on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 1 contract

Samples: Account Agreement

Monthly Statement. Unless and until directed otherwise by the Bond Trustee, the Standby Account Bank shall and is hereby authorized to provide each of the Cash Manager, the Guarantor and the Bond Trustee with a written statement statement, to be made available through the Standby Account Bank’s online banking platform, in respect of each Guarantor Account delivered in accordance with Section Article 12 on a monthly basis and also as soon as reasonably practicable after receipt of a written request for a statement.

Appears in 1 contract

Samples: Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!