Bank Accounts definition

Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

Bank Accounts means the Reserve Account and the Collection Account.

Bank Accounts means the Exchange Note Collection Account, the Collection Account and the Reserve Account.

Examples of Bank Accounts in a sentence

• If so specified in any Indenture Supplement, such amounts may be applied to cover certain shortfalls in the amount of investment earnings on investments of funds in certain Supplemental Bank Accounts.

• From time to time in connection with the issuance of a Series, Class or Tranche of Asset Pool One Notes, the Indenture Trustee may cause the Collateral Agent to establish one or more Qualified Bank Accounts denominated as “Supplemental Bank Accounts” in the name of the Issuing Entity, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Collateral Agent and the applicable Asset Pool One Noteholders.

• Supplemental Bank Accounts shall be created as specified in the Asset Pool One Supplement or Indenture Supplement.

• In order to safeguard your cash under the FSCS, deposits may be held in multiple Bank Accounts in which circumstances you will receive a blended rate of interest.

• From time to time in connection with the issuance of a Series, Class or Tranche of Notes, the Indenture Trustee may cause the related Collateral Agent to establish one or more Qualified Bank Accounts denominated as “Supplemental Bank Accounts” in the name of the related Issuing Entity, bearing a designation specifying that the funds deposited therein are held for the benefit of the related Collateral Agent and the applicable Noteholders.

More Definitions of Bank Accounts

Bank Accounts means the Issuer’s bank accounts operated and/or maintained by or on behalf of the Issuer from time to time.

Bank Accounts means those account(s) opened and maintained for the Fund and/ or the respective Allocation Plan(s) by the Trustee at the instruction of the Management Company at Banks, the beneficial ownerships in which the Unit Holder(s) shall invest in.

Bank Accounts means those accounts in the name of the Trustee of the Fund, the beneficial ownership of which rests with the Unit Holders.

Bank Accounts shall have the meaning set forth in Section 3.20.

Bank Accounts shall have the meaning set forth in Section 5.4.1.

Bank Accounts is defined in Section 11.16(f).

Bank Accounts means those account(s) opened and maintained for the Scheme by the Trustee at Bank’s, the beneficial ownership in which shall vest in the Unit Holders.