Common use of Replacement or Additional Account(s) Clause in Contracts

Replacement or Additional Account(s). The Issuer may, with the prior written consent of the Trustee whenever it considers it necessary, instruct PML as Administrator to open replacement or additional accounts (which, for the avoidance of doubt, will be "Additional Accounts") for such purpose(s) as it deems, in its sole discretion, necessary with the Account Bank.

Appears in 4 contracts

Samples: Account Bank Agreement, Account Bank Agreement, Account Bank Agreement

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