Examples of Additional Issuer in a sentence
The Issuer Cash Manager hereby covenants that it shall establish the Additional Issuer Account, the Issuer Swap Collateral Account and the Issuer GIC Account immediately upon the same becoming necessary pursuant to the terms of the Issuer Transaction Documents.
The Issuer shall deliver a mandate to the Issuer Account Bank relating to such Additional Issuer Account in accordance with this Agreement and the Issuer Deed of Charge.
If an Issuer Swap Agreement terminates and the Issuer is unable to enter into replacement hedging arrangements, the Issuer shall instruct the Issuer Cash Manager to open, as necessary, the relevant Additional Issuer Account at the Issuer Account Bank.
The Issuer agrees that, if an Additional Issuer Account is opened pursuant to Clause 3.1 (Termination of Issuer Swap) or an Issuer Swap Collateral Account is opened pursuant to Clause 3.3 (Issuer Swap Collateral Account), it will deliver to the Issuer Account Bank a duly executed mandate relating to such Additional Issuer Account or Issuer Swap Collateral Account as the case may be.
If any or all of the Issuer Swap Agreements terminate and the Issuer is unable to enter into replacement hedging arrangements, the Issuer shall instruct the Issuer Cash Manager to open, as necessary, the relevant Additional Issuer Account at the Issuer Account Bank.