Cash Accounts definition

Cash Accounts means any or all of the segregated trust accounts to be established at the Custodian to which the Custodian shall deposit or credit and hold any cash or Proceeds received by it from time to time from or with respect to the Securities or the sale of the Securities of the Company, as applicable, which trust accounts shall be designated the “Cash Proceeds Account”, “Principal Account”, and “Interest Account”.

Cash Accounts means a cash account designated in a particular currency opened in the name of the relevant Fund into which (i) subscription monies received from investors who have subscribed for Shares are deposited and held until Shares are issued as of the relevant Dealing Day; or

Cash Accounts means the accounts to be established at the Custodian to which the Custodian shall deposit and hold any cash Proceeds received by it from time to time from or with respect to the Securities or the sale of the common stock of the Company, as applicable, which accounts shall be designated the “NMF Senior Loan Fund I, Inc. Cash Interest Proceeds Account” and the “NMF Senior Loan Fund I, Inc. Cash Principal Proceeds Account.”

Examples of Cash Accounts in a sentence

• Cash Accounts may be interest bearing or non-interest bearing and may be subject to charges or fees on the deposit balance or on a per account basis.

• The Client must maintain sufficient funds in the Cash Accounts to settle all transactions in the applicable currencies in a timely manner.

• If any taxes become payable in relation to any prior payment made to the Client by the Custodian, the Custodian may withhold any credit balance in the Client’s Cash Accounts to the extent necessary to satisfy such tax obligation.

• In the event Custodian does not receive such payment within sixty (60) days of the date of such statement, Custodian is hereby authorized to debit the Cash Accounts for such fees, costs and expenses.

• In the event the Custodian does not receive such payment within sixty (60) days of the date of such statement, the Custodian is hereby authorized to debit the Cash Accounts for such fees, costs and expenses.

More Definitions of Cash Accounts

Cash Accounts collective reference for the Local Currency Cash Account and the Foreign Currency Cash Account(s).

Cash Accounts means the cash Securities trading account(s) which the Client established with the Broker to govern the purchase and sale of Securities effected by the Broker;

Cash Accounts means (i) the cash accounts opened by the Trustee with a Sub-custodian in the name of the Trust or Trustee (as the case may be), in each case acting on behalf of the Trust; and / or (ii) the cash accounts opened with an affiliate of the Trustee or a third party bank in the name of the Manager or Trustee (as the case may be), (including for the avoidance of doubt, any cash held in a single account (“Umbrella Cash Account”) in each case acting on behalf of the Trust;

Cash Accounts means a brokerage account in which the customer is required to pay the full amount due by the settlement date for securities purchased.

Cash Accounts means the Cash Account HK and the Cash Account UK;

Cash Accounts means the segregated accounts to be established at U.S. Bank National Association or an affiliate entity to which the Custodian shall deposit and hold any cash or Proceeds received by it from time to time from or with respect to the Securities or the sale of the Securities of the Company, as applicable, which accounts shall be designated the “MSD Investment, LLC Cash Interest Proceeds Account,” the “MSD Investment, LLC Cash Principal Proceeds Account,” and the “MSD Investment, LLC Expense Account”.

Cash Accounts has the meaning given in Section 3.7.