Account Bank Mandate definition

Account Bank Mandate means, in relation to any Account, the resolutions, instructions and signature authorities relating to such Accounts as will be agreed by the Account Bank, the relevant Obligors and the Security Agent on or prior to the Utilisation Date.
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Account Bank Mandate shall have the meaning given to it in the Intercreditor Agreement;
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Account Bank Mandate means an agreement in respect of the Buyer Collection Account in form and substance satisfactory to the Operating Agent and the Buyer (as evidenced by its execution thereof), as described in Clause 8(Q).
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Examples of Account Bank Mandate in a sentence

  • Authorised Signatory The following sets out the signatories for the VM Mortgages Trustee Account, in accordance with paragraph 3 of the VM Mortgages Trustee Account Bank Mandate.

  • The Bank is hereby authorised to act on any information given by two Directors or by one Director and the Secretary of the Mortgages Trustee regarding any changes to Schedule 1 (Form of VM Mortgages Trustee Account Bank Mandate).

  • Such Collections will be credited to the Agent Account maintained by the Agent Account Bank in accordance with the terms of the Agent Account Bank Mandate.

  • For the avoidance of doubt, any Designated Account Debtor the Purchased Receivables of which are not collected by the Collection Bank pursuant to the Collection Account Bank Mandate (or in accordance with any agreed alternative collection procedures) will be deemed a non-Eligible Account Debtor.


More Definitions of Account Bank Mandate

Account Bank Mandate means, in relation to the Transaction Account and the Swap Collateral Account, the resolutions, instructions, Authorised Representatives and Call-back Contacts relating to such Transaction Account or Swap Collateral Account (as applicable) substantially in the form set out in Schedule 1 (Form of Account Bank Mandate) of the Account Bank Agreement, as may be amended from time to time, provided that where any such amendment:
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Related to Account Bank Mandate

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Account Bank means any of them.

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • World Bank Group means the World Bank, the International Finance Corporation, the Multilateral Investment Guarantee Agency and the International Center for the Settlement of Investment Disputes.