Cash Deposit Account definition

Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Administrative Agent, over which the Administrative Agent shall have sole dominion and control, upon such terms as may be satisfactory to the Administrative Agent.

Cash Deposit Account means, in relation to a Series of Securities and as further described in the Issue Terms, the segregated account established in the name of the Issuer with HSBC Bank plc or any of its affiliates.

Cash Deposit Account means, in relation to a Series of Notes and as further described in the Issue Terms, the segregated account established in the name of the Issuer with Deutsche Bank AG, London Branch or any of its affiliates.

Examples of Cash Deposit Account in a sentence

• Upon the drawing of any Letter of Credit, to the extent funds are on deposit in the L/C Cash Deposit Account, such funds shall be applied to reimburse the Issuing Banks to the extent permitted by applicable law.

• Upon the drawing of any Letter of Credit, to the extent funds are on deposit in the L/C Cash Deposit Account, such funds shall be applied to reimburse the Issuing Banks to the extent permitted by applicable law, and if so applied, then such reimbursement shall be deemed a repayment of the corresponding Advance in respect of such Letter of Credit.

• After all such Letters of Credit shall have expired or been fully drawn upon and all other obligations of the Borrowers hereunder and under the Notes shall have been paid in full, the balance, if any, in such L/C Cash Deposit Account shall be returned to the Borrowers.

• The Borrower hereby grants to the Agent, for the benefit of the Issuing Banks and the Lenders, a Lien upon and security interest in the L/C Cash Deposit Account and all amounts held therein from time to time as security for the L/C Obligations, and for application to the Borrower’s reimbursement obligations as and when the same shall arise.

• After all such Letters of Credit shall have expired or been fully drawn upon and all other obligations of the Borrower hereunder and under the other Loan Documents shall have been paid in full, the balance, if any, in such L/C Cash Deposit Account shall be promptly returned to the Borrower.

More Definitions of Cash Deposit Account

Cash Deposit Account means, in relation to a Series of Securities and as may be further described in the Issue Terms, the deposit established in the name of the Issuer with the Account Bank.

Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon such terms as may be satisfactory to the Agent.

Cash Deposit Account. ’ means the segregated account in the name of the Issuer held with the Cash Deposit Bank into which the net proceeds of the issuance of the Notes (in the case of the Euro Notes and U.S. dollar Notes, following conversion into pounds sterling pursuant to the relevant Cross-currency Swap Agreement), together with the Initial CDS Payment from the CDS Counterparty to the Issuer under the Credit Default Swap Agreement, will be deposited on the Closing Date.

Cash Deposit Account has the meaning given to that term in paragraph 6 of Schedule 10.

Cash Deposit Account means an account opened or to be opened in the name of the Borrower with the Agent in Piraeus designated "Star Bulk Carriers Corp. - Cash Deposit Account", or any other account (with that or another office of the Agent) which is designated by the Agent as the Cash Deposit Account for the purposes of the Loan Agreement;

Cash Deposit Account. The non-interest bearing account established by Xxxxxx Xxx for the purposes set forth in Section 2.07 hereof.

Cash Deposit Account. The non-interest bearing deposit account established by Xxxxxx Xxx with the Paying Agent for the purposes set forth in the Prospectus Supplement.