Charged Accounts definition

Charged Accounts means each of: (a) the Collection Account; (b) the Collateral Account; (c) the HK Collection Account; and (d) any Vessel Owner Account, and each such account shall be held with the Account Bank in the name of (in the case of any Vessel Owner Account) the relevant Vessel Owner and (in all other cases) the Borrower.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Charged Accounts means the Blocked Accounts and the Other Accounts.

Charged Accounts means the Euro Charged Account, the Sterling Fixed Charged Account and the Sterling Index Charged Account;

Examples of Charged Accounts in a sentence

• Except for the Charged Accounts, no Obligor (other than the Guarantor) has opened or instructed any other Person to open, any accounts.

• To: [name of Security Agent] as Security Agent [name of Chargor] (the “Chargor’) Date: [ ] At the request of the Chargor we acknowledge receipt of the notice of charge from the Chargor dated [·] (the “Notice”) in respect of the Charged Account(s).

• The Client may from time to time, without need for consent of the Security Holder, by agreement with the Custodian, designate further accounts held with the Custodian under the Custody Agreement as Charged Accounts.

• All the accounts maintained or used by any Obligor at any bank or financial institution as at the date of this Agreement have been included within the definition of Charged Accounts.

• No Obligor will open or maintain any account of any type with any bank or financial institution providing like services other than the Charged Accounts.

More Definitions of Charged Accounts

Charged Accounts means the Borrower Charged Account, the MGN America Charged Account, the Gazit Canada Charged Account and the Gazit Midas Charged Accounts and “Charged Account” means any of the aforegoing accounts;

Charged Accounts means the accounts of certain members of the Group into which any intercompany receivables (including, without limitation, all dividends payable by any Obligor to its shareholders (irrespective of whether such shareholder is an Obligor)) and/or third party receivables are to be paid and which are subject to the terms of any Irish Debenture or any Pledge over Group Accounts;

Charged Accounts means the Issuer Accounts and any bank or other account in which the Issuer may at any time acquire a Benefit and over which the Issuer has created an Encumbrance in favour of the Trustee pursuant to the Deed of Charge;

Charged Accounts means each of the accounts maintained by the Chargor with the Account Bank specified in Part 1 of the Schedule and includes:

Charged Accounts means the accounts as set out in Schedule 1, which may be amended from time to time.

Charged Accounts means the Borrower Charged Account and the Solar Charged Account.

Charged Accounts means collectively the Prepayment Escrow Account, the Insurance Proceeds Escrow Account, the Disposition Proceeds Escrow Account and the [Charge Over Deposit Account] Requisition Proceeds Escrow Account.