Account Bank (IM) definition
Examples of Account Bank (IM) in a sentence
This agreement has not been prepared for use where Clearstream Banking ▇.▇.▇▇ the Account Bank (IM).
Neither Party shall deliver any written notice or instruction to the Account Bank (IM) relating to the Pledged Accounts, unless (i) such notice or instruction is delivered in accordance with the Master Pledge Agreement (IM) or (ii) such Party has obtained the prior written consent of the other Party.
Within [one Local Business Day from the date of this Agreement], the Chargor shall deliver to the Secured Party a copy of the written acknowledgement of the Account Bank (IM) on such notice, in each case including the statements substantially in the form attached as Annex 2 to this Agreement.4 3 Luxembourg banks refer to the term “Account Bank” rather than the term “Custodian” in security documents.