Borrower Account Bank definition

Borrower Account Bank means the bank or other financial institution at which the Borrower Account is maintained, which shall initially be Bank of America.
Borrower Account Bank means The Royal Bank of Scotland plc or any successor account bank appointed pursuant to the Borrower Account Bank Agreement.
Borrower Account Bank means any of the banks or other financial institutions holding one or more Borrower Accounts.

Examples of Borrower Account Bank in a sentence

  • Heathrow Express maintains operating accounts with Barclays Bank PLC and will transfer amounts standing to the credit of those accounts on a weekly basis to the Operating Account opened by Heathrow Express with the Borrower Account Bank.

  • Accounts In accordance with the Common Terms Agreement, Heathrow and Heathrow Express are required to maintain an operating account (each, an “Operating Account”) and a joint disposal proceeds account with the Borrower Account Bank, as well as a joint debt collateralisation account (the “Debt Collateralisation Account”).

  • Lloyds Bank plc, acting through its office at 25 Gresham Street, London EC2V 7HN, has replaced The Royal Bank of Scotland plc as the Borrower Account Bank, and currently serves as Borrower Account Bank pursuant to a new Borrower Account Bank Agreement.

  • No Administrative Party (other than the Borrower Security Trustee and the Borrower Account Bank) need hold in trust any moneys paid to it for a Party or be liable to account for interest on those moneys.

  • Despite the drive towards cleaner energy, the supply of hydrocarbon products is expected to continue to be a significant contributor to this growth with both gas and oil supply anticipated to grow in absolute terms.


More Definitions of Borrower Account Bank

Borrower Account Bank means the bank or other financial institution at which the Borrower Account is maintained, which shall initially be PNC Bank, National Association.
Borrower Account Bank means Axos Bank and any successor thereto.
Borrower Account Bank means, in respect of Borrower A and Borrower B, Allied Irish Banks, p.l.c., and in respect of Borrower C, Bank of Ireland, and in respect of each Deposit Reserve Account, Deutsche Bank AG, Hong Kong branch, or any replacement thereof appointed in accordance with clause 19.18 (Borrower Account Bank Minimum Rating) of the Facility Agreement. …
Borrower Account Bank means Barclays Bank PLC or such other bank appointed as such in accordance with the Borrower Account Bank Agreement.
Borrower Account Bank means Axos Bank and any successor thereto. “Code” means the Internal Revenue Code of 1986, as amended from time to time. “Indemnified Liabilities” has the meaning set forth in Section 12 hereto. “Indemnified Person” has the meaning set forth in Section 12 hereto.
Borrower Account Bank means any bank or other financial institution set forth on Schedule 5 (Facility Accounts and Account Banks) under the heading “Borrower Account Bank,” as such Schedule may be amended from time to time in accordance herewith.
Borrower Account Bank as defined in Section 9.01(a). "Borrower Accounts" as defined in Section 9.01(a). "Borrower Materials" as defined in Section 12.01(d). "Borrowers" as defined in the preamble hereto.