Cash Settlement Account definition

Cash Settlement Account means an account designated by a CD Holder with a Cash Settlement Bank into which shall be credited the interests, principal, and other payments on the relevant EW CDs Due 2022;

Cash Settlement Account means an account designated by a CD Holder with a Cash Settlement Bank into which shall be credited the interests, principal and other payments on the BDO Series 2018-1 CDs;

Cash Settlement Account means, in respect of an Option, an amount (if any) that is payable by Seller on the applicable Payment Date(s) and is determined as provided in the Confirmation governing such Option.

Examples of Cash Settlement Account in a sentence

• Currently no interest will be paid on cash held in a Cash Settlement Account or ISA Cash Account.

• Interest may be paid on the Initial Capital recorded in your Cash Settlement Account (not including any money that is to be deducted as an Adviser Fee).

• The Administrator and Custodian will only transfer monies from your Cash Settlement Account to a bank account in your name.

• The Administrator and Custodian will hold your Maturity Payment in your Cash Settlement Account or ISA Cash Account pending receipt of your written instructions.

• Where the Administrator and Custodian holds investments on your behalf, any dividends, interest or other income received in respect of those investments will, unless agreed otherwise, be held in your Cash Settlement Account or ISA Cash Account pending your instructions.

More Definitions of Cash Settlement Account

Cash Settlement Account means an account designated by a Bondholder into which shall be credited the interests, principal, and other payments on the Bonds.

Cash Settlement Account means an account designated by a CD Holder with a Cash Settlement Bank into which shall be credited the interests, principal and other payments on the LTNCDs;

Cash Settlement Account means an interest-bearing Escrow Account, established by Class Counsel, maintained by the Escrow Agent under the control of Class Counsel, into which the Net Cash Settlement Amount shall be paid. The Cash Settlement Account shall be maintained as a Qualified Settlement Fund, as defined below. All monies in the Cash Settlement Account, including all interest accruing thereon, shall be deemed to be in the custody of the Court and will remain subject to the jurisdiction of the Court until such time as it is distributed to Authorized Claimants.

Cash Settlement Account means any deposit or other cash account held by the Customer with the Bank (governed by, amongst others, the Terms and Conditions Governing Personal Deposit Accounts) whether solely or jointly with other persons and which is selected by the Customer from time to time for the purposes of settling any Transaction;

Cash Settlement Account means the cash account opened by the Chargor with the Custodian in the name of the Chargor with account number 193208 to receive from time to time all dividends, interest and other monies arising from the Shares or the sale of such Shares charged under this Charge from time to time.

Cash Settlement Account means an Escrow Account, established by Lead

Cash Settlement Account means an account designated by a XX Xxxxxx with a Cash Settlement Bank into which shall be credited the principal payments on the CPs.