Charged Account definition

Charged Account means any account maintained by an Obligor outside of the PRC which from time to time is, or is expressed to be, subject to valid and effective Transaction Security pursuant to a Transaction Security Document.

Charged Account means the account in the name of the Issuer established pursuant to the Account Agreement which is charged in favour of the Bond Trustee pursuant to the Bond Trust Deed for the benefit of the 2036 Bond Beneficiaries;

Charged Account means any of the aforegoing accounts;

Examples of Charged Account in a sentence

• The Issuer may, at any time, deposit money into the Charged Account to ensure compliance with the Asset Cover Test.

• This deferral will only apply, however, if the Borrower deposits in the Charged Account an amount equal to the amount which it would otherwise have been obliged to repay (save to the extent the prepayment obligation will be discharged by an amount already standing to the credit of the Charged Account).

• The Lender agrees that it shall (i) ensure that the Collateral Ratio shall not be less than the Minimum Collateral Ratio no later than five (5) days prior to the proposed Prepayment Date (which shall be calculated in accordance with the formula under the definition of “Collateral Ratio” as provided under Clause 6.5 (Collateral Ratio) below and also after giving effect to such prepayment amount to be made by the Borrower to the US$ Charged Account on the proposed Prepayment Date).

• The Pledgor shall remain liable to perform all obligations connected with the Pledged Claims and the Pledgee shall not, in any circumstances, have or incur any obligation of any kind in connection with any Pledged Claims or the Charged Account.

• The Issuer may, at any time, deposit money into the Charged Account relating to a Series of Secured Notes to ensure compliance with the Asset Cover Test relating to that Series.

More Definitions of Charged Account

Charged Account means all the rights, titles and interests in and to all sums from time to time standing to the credit of any account maintained with ICBCIS in the name of Client in any capacity whatsoever and all rights, benefits and proceeds thereof and any renewal or redesignation thereof;

Charged Account means the Cash Collateral Account more particularly described in Recital (C).

Charged Account means the NTL CC Charged Account or, as the case may be, the NTL Charged Account.

Charged Account means an account, bearing interest at a commercially reasonable rate in relation to the given circumstances, in the name of any member of the NTL

Charged Account means the Deposit Account and all sums now or hereafter deposited in such account and all additions to or renewals or replacements thereof (in [Charge Over Deposit Account] whatever currency) and all interest or other sums which may accrue from time to time thereon.

Charged Account means each of the Accounts and any account substituted as a Charged Account by written agreement between the parties; “Charged Balance” means the balance at any time on each Charged Account and includes all interest accrued;

Charged Account means, in respect of each Chargor, a custody account opened in the name of such Chargor with the Custodian (or its nominee(s)), particulars of which are set out in Schedule 2 (Charged Accounts) (and any account or sub-account established in substitution therefor), comprising a Cash Account and a Securities Account.