Account Institution definition

Account Institution means the relevant Royal Bank of Canada entity with whom the Client holds the relevant Account.
Account Institution means the relevant RBC Royal Bank (Barbados) Limited entity with whom the Client holds the relevant Account.
Account Institution means (i) with respect to any Controlled Account that is a Deposit Account, the bank at which such account is held and (ii) with respect to any Controlled Account that is a Securities Account, the securities intermediary for such Securities Account.

Examples of Account Institution in a sentence

  • Except as otherwise provided in this Agreement, in the event that the Collection Account maintained with the Securities Intermediary is no longer an Eligible Deposit Account, then the Servicer shall, with the Indenture Trustee and Securities Intermediary’s assistance, as necessary, use reasonable efforts to cause the Collection Account to be moved to an Eligible Institution or Eligible Trust Account Institution within sixty (60) days.

  • Except as otherwise provided in this Agreement, in the event that the Collection Account maintained with the Securities Intermediary is no longer an Eligible Deposit Account, then the Servicer shall, with the Indenture Trustee and Securities Intermediary’s assistance, as necessary, use reasonable efforts to cause the Collection Account to be moved to an Eligible Institution or Eligible Trust Account Institution within thirty (30) days.

  • Please use the reverse side of this form to describe any transactions that do not appear on submitted statements ** Please submit the following information to Compliance: Name on Account, Institution Name, Account Number, and Date Account was Opened.

  • You further represent and agree that if any claim is prosecuted in your name before any court or administrative agency, then, to the extent permissible under applicable law, you hereby waive and agree not to take any award or other damages from such suit.

  • Customer shall cause to be maintained with each bank or other financial institution at which Customer or any of its Subsidiaries has funds (each, a "Deposit Account Institution"), an agreement between IBM Credit and such Deposit Account Institution, in form and substance satisfactory to IBM Credit, to perfect IBM Credit's security interest in such funds ("Deposit Account Agreement").

  • Cameron agrees to (a) pay to each Account Institution all fees, costs, and expenses as may be separately agreed to by Cameron and the relevant Account Institution, as applicable, and (b) reimburse the Letter of Credit Issuer for any such fees, costs, or expenses that the Letter of Credit Issuer has paid on behalf of any Credit Party or Collateral Provider.

  • The Company shall have the right from time to time to (x) direct Manager to change the Operating Account Institution to another institution selected by the Company (in which event Manager shall promptly comply with the Company’s direction) and/or (y) change the Reserve Account Institution.

  • Wire transfers are to be sent pursuant to the following wire transfer instructions: US Dollar Account Institution: RBC Centura Bank 00000 Xxx Xxxx Xxxxxx Xxxxx, XX 00000 SWIFT: C N T A U S 3 3 Account Name: Methes Energies International Ltd.

  • Manager shall inform the Operating Account Institution in writing that any funds in the Operating Account are held in trust for the Company.

  • The following accounts will become accounts of the Company following the Daegis Merger: Name of Financial Telephone Account Institution Address of Account # for Acct Purpose of Account Number *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** [***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED.


More Definitions of Account Institution

Account Institution means each of (a) the Letter of Credit Issuer (or an Affiliate thereof) and (b) each such other depository bank, securities intermediary, or other institution designated by Cameron and approved by the Letter of Credit Issuer in accordance with Section 6.03, which maintains and administers a Collateral Account.
Account Institution means the relevant RBC entity with which the Client holds the relevant Account.
Account Institution means an institution which:

Related to Account Institution

  • payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

  • Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

  • Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • competent institution means the institution from which the person concerned is entitled to receive benefit or would be entitled to receive benefit if he were resident in the territory of the Party where that institution is situated;

  • approved institution means an entity so named in a Certificate. From time to time the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Qualified Trust Institution means an institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times (i) is authorized under such laws to act as a trustee or in any other fiduciary capacity, (ii) has capital, surplus and undivided profits of not less than $250,000,000 as set forth in its most recent published annual report of condition and (iii) has a long term deposits rating of not less than “BBB+” by S&P.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Designated Institution shall have the meaning specified in Section 14.12(a).

  • Name of Institution Xxxx Capital Credit CLO 2017-2, Limited By: Xxxx Capital Credit, LP, as Collateral Manager By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Executive Vice President For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Cavalry CLO IV, Ltd. By: Xxxx Capital Credit, LP, as Collateral Manager By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Executive Vice President For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Cedar Funding II CLO Ltd By: /s/ Neslihan Adanali Name: Neslihan Adanali Title: Loan Closer II For any institution requiring a second signature line: By: Name: Title: ☐ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Cedar Funding III CLO, Ltd By: /s/ Neslihan Adanali Name: Neslihan Adanali Title: Loan Closer II For any institution requiring a second signature line: By: Name: Title: ☐ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans).

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • Eligible Institution Any of the following:

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • private institution (“sefydliad preifat”) means an institution which is not publicly funded;

  • State institution means a mental health institute, as defined in s. 51.01 (12), a center for the developmentally disabled, as defined in s. 51.01 (3), or a secure mental health facility at which persons are committed under s. 980.06.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.