CBC Account definition

CBC Account means bank account number IBAN: ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ in the name of the CBC pursuant to the CBC Account Agreement with the CBC Account Bank.
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CBC Account means bank account number IBAN: [...] in the name of the CBC pursuant to the CBC Account Agreement with the CBC Account Bank. means the CBC account agreement dated the Programme Date between the CBC, the CBC Account Bank and the Security Trustee substantially in the Agreed Form. successor or successors. means the period from the Programme Date to the last day of June 2021 and thereafter, each period from (and including) the first day of each month to the last day of that same month. CBC Account Rights means all present and future rights (vorderingen) of the CBC vis-à-vis the CBC Account Bank under or in connection with the CBC Account Agreement and in respect of any CBC Transaction Accounts. means bank account number IBAN: [...] in the name of the CBC held with the CBC Back-Up Account Bank pursuant to CBC Back-Up Account Agreement and any additional or replacement accounts opened in the name of the CBC with the CBC Back-Up Account Bank. means Citibank Europe Plc or its successor or successors. means the CBC back-up account agreement dated the Programme Date between the CBC, the CBC Back-Up Account Bank, the CBC Back-Up Account Agent and the Security Trustee substantially in the Agreed Form. means the interest rate on the relevant day of the CBC Back-Up Account Bank Period for the Back-Up Account minus the margin as set forth in the fee arrangement dated 7 June 2021 from the CBC Back-Up Account Bank and accepted by the CBC or such other interest rate as may be agreed upon from time to time between the CBC and the CBC Back-Up Account Bank. means all present and future rights (vorderingen) of the CBC vis-à-vis the CBC Back-Up Account Bank under or in connection with the CBC Back-Up Account Agreement and in respect of the CBC Back-Up Account. has the meaning ascribed to it in Clause 2.6 of the Parallel Debt Agreement. means any one of the circumstances described in Condition 10(b).
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Examples of CBC Account in a sentence

  • The Administrator shall do all acts and things required to be performed by the CBC in connection with the CBC Account Agreement.

  • To the extent required to execute and deliver a valid right of pledge on the CBC Account Rights, the rights of pledge thereon will be established each time the CBC Account Rights come into existence and each crediting of the CBC Account shall be deemed to constitute a right of pledge of the credit balance at such time, as well as a notification to the CBC Account Bank in accordance with Article 3:236(2) of the Dutch Civil Code.

  • The Administrator shall take all reasonable steps to ensure that the CBC Account Bank shall furnish statements in accordance with the CBC Account Agreement.

  • By signing this Agreement each of the CBC and the CBC Account Bank confirms that notification of this Agreement and the right of pledge of the CBC Account Rights (including any rights in respect of the CBC Transaction Accounts) has been made in accordance with Article 3:236(2) of the Dutch Civil Code.

  • Payments by the Insurance Savings Participant to the CBC under this Agreement shall be made in same day funds on the relevant Transfer Date or the relevant CBC Payment Date, as the case may be, into the CBC Account.

  • Without prejudice to the rights of pledge created under the Security Trustee Rights Pledge Agreement, neither the CBC nor the CBC Account Bank may assign or transfer any of its rights or obligations hereunder without the prior written consent of the other and, in either case, the Security Trustee.

  • The Servicer shall procure that if at any time the Transferor receives moneys from a Borrower and it is unsure as to whether such moneys have been paid in respect of the Relevant Mortgage Receivable or a mortgage loan secured by the lower-ranking mortgage, the Transferor shall promptly pay such amount into the CBC Account in satisfaction of the Relevant Mortgage Receivable.

  • If at any time the Transferor receives moneys from a Borrower and it is unsure as to whether such moneys have been paid in respect of the Relevant Mortgage Loan or a relevant other mortgage loan, it will promptly pay such amount into the CBC Account as a payment in respect of the Relevant Mortgage Loan.

  • Subject as provided in Clause 7.2, this Agreement shall commence on the date hereof and continue until 12:00 p.m. Central European Time of the date on which all of the Covered Bonds have been redeemed or written off in full and all other payment obligations under the Transaction Documents of the CBC have been fulfilled, provided that the CBC has sent a written notification thereof to the CBC Account Bank.

  • If at any time, after the occurrence of an Assignment Notification Event or the service of a Breach of Asset Cover Test Notice, a Notice to Pay or a CBC Acceleration Notice, an Originator or the Transferor receives moneys from a Borrower and it is unsure as to whether such moneys have been paid in respect of the relevant Mortgage Loan or a relevant other mortgage loan, it will promptly pay such amount into the CBC Account as a payment in respect of the relevant Mortgage Loan.