Clearing Bank definition
Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.
Clearing Bank shall have the meaning set forth in Section 6.1.
Clearing Bank means the clearing bank which establishes, maintains and holds the Clearing Account, which shall be an Eligible Institution acceptable to Lender in its discretion.
Examples of Clearing Bank in a sentence
No later than December 5, 2025, ▇▇▇▇▇▇▇▇ shall have executed and delivered to Administrative Agent a deposit account control agreement in form and content reasonably acceptable to Administrative Agent, to be executed by and among Clearing Bank, Administrative Agent and Borrower, in connection with the Clearing Account.
More Definitions of Clearing Bank
Clearing Bank means NationsBank and any other banking institution with which an Agency Account has been established pursuant to an Agency Account Agreement.
Clearing Bank means Chase Manhattan Bank, N.A. or any other Designated Depository Institution mutually acceptable to the Supplemental Servicer, the Servicer and the Certificate Insurer for each Trust.
Clearing Bank means a bank admitted by the Bank of England as a direct participant in its CHAPS system
Clearing Bank shall be defined in the Clearing Account Agreement.
Clearing Bank means any banking institution including, without limitation, Mercantile Bank, with which an Agency Account has been established pursuant to an Agency Account Agreement.
Clearing Bank means a bank that has made an agreement on clearing of trades via interbank paying system of CNB with a CSD participant.
Clearing Bank shall have the meaning given such term in the Recitals.