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 has the meaning set forth in Section 3.01.
Examples of Account Institution in a sentence
No Gemini Party shall have any liability for any failure by the Account Institution to pass any such payment along to the Lender or other payee thereof.
Until the Lender delivers an activation or control notice to the Account Institution pursuant to the Account Control Agreement, the Servicer shall be permitted to make deposits to, and withdrawals from, the Collection Account from time to time in accordance with the terms of the Sale and Servicing Agreement.
All amounts in the Collection Account and all investments made with such amounts, including all income and other gains from such investments, shall be held by the Account Institution as part of the Collateral for the benefit of the Lender.
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 (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.
Account Institution means an institution which:
Account Institution means the relevant RBC entity with which the Client holds the relevant Account.