Account Bank definition

Account Bank means U.S. Bank National Association, a national banking association.

Account Bank means any of them.

Account Bank means Xxxxx 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

• If the Account Bank fails, the Client Money Distribution and Transfer Rules will not apply to such money and so the Issuer will not be entitled to share in any distribution under the Client Money Distribution and Transfer Rules.

• Capitalized terms used but not otherwise defined in this Agreement shall have the respective meanings assigned them in Part I of Appendix A to the Sale and Servicing Agreement, dated as of the date hereof (the “Sale and Servicing Agreement”), among the Issuing Entity, the Grantor Trust, the Depositor, the Seller, as servicer, and [ ], as Account Bank.

• Also issued under an Indenture, dated as of [ ], 20[ ] (the “Indenture”), among the Trust and [ ], as Indenture Trustee, and the Account Bank, are the Notes designated as “Asset-Backed Notes” (the “Notes”).

• Subject to Section 5.02, monies received by the Owner Trustee, the Paying Agent or the Account Bank hereunder need not be segregated in any manner except to the extent required by law or the Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Owner Trustee, the Paying Agent and the Account Bank shall not be liable for any interest thereon.

• Unless otherwise defined hereunder, in this Agreement: "Account Bank (IQ HK)" means 兴业银行股份有限公司(于中国注册成立的股份有限公司)香港分行.

More Definitions of Account Bank

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 ABN AMRO Bank N.V. acting through its branch at 93 Xxxxxxxxxx, 0000 Xxxxxxxxx, xxx Xxxxxxxxxxx or such other bank as may be designated by the Agent as the Account Bank for the purposes of this Agreement and which is of a rating acceptable to the Lenders, in their sole discretion;

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 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 Xxxxx Xxxx Xxxxx, Xxxxx Xxxxx, Xxxx Xxxxx, 000 Xxx Xxxxxx, Xxxxxxx, Xxxxxxx, Xxxxxx X0X 0X0 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 a Qualified Institution approved by the Administrative Agent that is holding the Accounts, which initially shall be Xxxxx Fargo Bank.

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.

Account Bank means Bank of China Limited, Macau Branch and its successor and assignee named pursuant to any document evidencing the Note Interest Accrual Accounts;