THE GIC ACCOUNT. The GIC Provider confirms that (on the instructions of the Guarantor (or the Cash Manager on its behalf)) the GIC Account has been opened in its books in the name of the Guarantor, and it agrees to accept on deposit in the GIC Account all monies transferred, from time to time, to the GIC Account, subject to and upon the terms of this Agreement, the Account Agreement, the Cash Management Agreement and the Security Agreement.
THE GIC ACCOUNT. The GIC Provider confirms that (on the instructions of the Issuer) the GIC Account has been opened in its books in the name of the Issuer, and it agrees to accept on deposit in the GIC Account all monies transferred, from time to time, to the GIC Account, subject to and upon the terms of this Agreement, the Bank Account Agreement, the Cash Management Agreement and the Deed of Charge.
THE GIC ACCOUNT. 2.1 Instructions from the Cash Manager Subject to Clauses 2.4 and 5.3, the Account Banks shall comply with any direction of the Cash Manager given on a London Business Day to effect a payment by debiting any one of the LLP Accounts held with the Account Banks, (a) in the case of the LLP Accounts other than the Swap Payments Accounts and the Swap Collateral Accounts if such direction (i) is in writing, is given by telephone and confirmed in writing not later than close of business on the day on which such direction is given, or is given by the internet banking service provided by the relevant Account Bank and (ii) complies with the GIC Account Mandate as appropriate (such direction shall constitute an irrevocable payment instruction) and (b) in the case of the Swap Payments Accounts and the Swap Collateral Accounts, in accordance with the terms set out in the Cash Management Agreement.
THE GIC ACCOUNT. The GIC Provider confirms that (on the instructions of the Guarantor (or the Cash Manager on its behalf)) the GIC Account has been opened in its books in the name of the Guarantor, and it agrees to accept on deposit in the GIC Account all monies transferred, from time to time, to the GIC Account, subject to and upon the terms of this Agreement, the Bank Account Agreement, the Cash Management Agreement and the Security Agreement. To the extent of any conflict between an instruction of the Guarantor or the Cash Manager (on behalf of the Guarantor), the instruction of the Guarantor shall prevail.
THE GIC ACCOUNT. 2.1 Instructions from the Cash Manager Subject to Clauses 2.4 and 5.3, the Account Bank shall comply with any direction of the Cash Manager given on a Business Day to effect a payment by debiting the GIC Account held with the Account Bank, if such direction: (i) is in writing, is given by telephone and confirmed in writing not later than close of business on the day on which such direction is given, or is given by the internet banking service provided by the Account Bank; and (ii) complies with the GIC Account Mandate as appropriate (such direction shall constitute an irrevocable payment instruction) in accordance with the terms set out in the Cash Management Agreement.
