Account Bank definition
Account Bank means U.S. Bank National Association, a national banking association, solely in the capacity of an “account bank,” as defined in the NY UCC and Federal Book-Entry Regulations, or any successor account bank under the Indenture.
Account Bank means any of them.
Account Bank means ▇▇▇▇▇ Fargo Bank, National Association, in its capacity as the “Account Bank” pursuant to this Agreement and the Collection Account Agreement.
Examples of Account Bank in a sentence
BNYMTI will deposit personal checks it receives for such purchases into the Service Accounts for customary check clearance activities by the Service Account Bank (as defined below).
The Collection Account shall remain at all times with an Eligible Account Bank.
The Closing Expense Account shall remain at all times with an Eligible Account Bank.
The Interest Reserve Account shall remain at all times with an Eligible Account Bank.
The Future Funding Reserve Account shall remain at all times with an Eligible Account Bank.
More Definitions of Account Bank
Account Bank means a bank or trust company that qualifies as an Eligible Institution and holds the Trust Accounts. The initial Account Bank shall be U.S. Bank National Association, in its role as Securities Intermediary under Section 8.03(d) of the Indenture.
Account Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.
Account Bank means the bank at which the Guarantor LP Accounts are maintained from time to time being, as at the Programme Establishment Date, Royal Bank of Canada acting through its main branch situated at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ and, unless the context otherwise requires, includes the Standby Account Bank, if and when appointed, or such other replacement account bank as may be appointed in accordance with the terms of the Bank Account Agreement;
Account Bank means (i) Bank of America, National Association or (ii) any other Qualified Institution reasonably acceptable to the Administrative Agent.
Account Bank means a Qualified Institution approved by the Administrative Agent that is holding the Accounts, which initially shall be ▇▇▇▇▇ Fargo Bank.
Account Bank means State Street Bank and Trust Company or any other Eligible Institution designated as an “Account Bank” from time to time in a Borrower Control Agreement.
Account Bank means any “bank” within the meaning of Section 9-102(a)(8) of the UCC at which any deposit account constituting a Collateral Account is held, which shall be (a) located in the United States and (b) reasonably acceptable to the Administrative Agent.