CBC Account Rights definition

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 all CBC Transaction Accounts other than the Swap Collateral Account.

Examples of CBC Account Rights in a sentence

  • The creation of the right of pledge of the [GSA Rights / Swap Rights / CBC Account Rights / CBC Back-Up Account Rights / [insert new rights]] shall be effected by notification thereof to the [New Transferor / Swap Counterparty / CBC Account Bank / CBC Back-Up Account Bank and the CBC Back-Up Account Agent / [insert new party]] and is hereby notified.

  • To the extent required to execute and deliver a valid right of pledge of the [GSA Rights / Swap Rights / CBC Account Rights / CBC Back-Up Account Rights / [insert new rights]], the right of pledge thereof will be established each time the [GSA Rights / Swap Rights / CBC Account Rights / CBC Back-Up Account Rights / [insert new rights]] come into existence.

  • By signing this Deed each of the CBC and the [New Transferor / Swap Counterparty / CBC Account Bank / CBC Back-Up Account Bank and the CBC Back-Up Account Agent / [insert new party]] confirms that notification of this Deed and the right of pledge of the [GSA Rights / Swap Rights / CBC Account Rights / CBC Back-Up Account Rights [insert new rights]] has been made in accordance with Article 3:236 paragraph 2 of the Dutch Civil Code.

Related to CBC Account Rights

  • 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.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • L/C 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 terms as may be satisfactory to the Agent.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.