CAD Accounts definition

CAD Accounts means the CAD Interest Collection Account and the CAD Principal Collection Account and, with respect to assets denominated in CAD, the Permitted Non-USD Currency Custodial Account, collectively.
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CAD Accounts means Accounts invoiced and payable in Canadian Dollars. “CAD Collection Accounts” has the meaning set forth in Section 2.2.1.
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Examples of CAD Accounts in a sentence

  • The parties hereto agree that the Securities Intermediary shall act only on entitlement orders or other instructions with respect to the Permitted CAD Accounts originated by the Collateral Agent and no other Person (and without further consent by any other Person); and the Collateral Agent, for the benefit of the Secured Parties, shall have exclusive control and the sole right of withdrawal over each Permitted CAD Account.

  • To the extent Client or Servicer receives Proceeds of Purchased Accounts that are USD Accounts in any currency other than US Dollars, Client shall remit to Purchaser the US Dollar Equivalent of such Proceeds in accordance with Section 2.2.1. To the extent Client or Servicer receives Proceeds of Purchased Accounts that are CAD Accounts in any currency other than Canadian Dollars, Client shall remit to Purchaser the Canadian Dollar Equivalent of such Proceeds in accordance with Section 2.2.1.

  • All such payments by US Client to Purchaser or Administrative Purchaser shall be made without offset, defense, or counterclaim of any kind, nature or description and, with respect to cash payments, to the WFB Bank Account for USD Accounts or CAD Accounts, as applicable, or to such other account specified by Administrative Purchaser to US Client for such purpose.

  • Payments by Purchaser of the Purchase Price for CAD Accounts or otherwise in respect of CAD Accounts shall be made, and credited to the Client Ledger Account, in Canadian Dollars.

  • Proceeds and collections from Purchased Accounts that are CAD Accounts shall be remitted and deposited only into Collection Accounts designated solely for collection and deposit of CAD Accounts (the “CAD Collection Accounts”).

  • In addition, the Company hereby directs the Securities Intermediary to establish one or more Permitted CAD Accounts for the purposes of holding CAD, CAD Investments and Eligible Investments denominated in CAD pursuant to the terms hereof.

  • All such payments by Canadian Client to Purchaser or Administrative Purchaser shall be made without offset, defense, or counterclaim of any kind, nature or description and, with respect to cash payments, to the WFB Bank Account for CAD Accounts or USD Accounts, as applicable, or to such other account specified by Administrative Purchaser to Canadian Client for such purpose.

  • The only permitted withdrawals from the Permitted CAD Accounts shall be in accordance with the provisions of this Agreement.

Related to CAD Accounts

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Collection Accounts As defined in Section 3.10(a).

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Funds and Accounts means funds and accounts created pursuant to or referred to in Section 501

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Locked Box Accounts means the unaudited accounts of the Group, consisting of a balance sheet as at the Locked Box Date in the Agreed Form;

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Separate Accounts means the accounts which are to be prepared for each

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Principal Account(s means deposit accounts of the Fund or a Portfolio carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Last Accounts means the Accounts of the Target Companies in respect of the financial period ended on the Last Accounts Date;