Counterparty Downgrade Collateral Account Bank definition

Counterparty Downgrade Collateral Account Bank means The Bank of New York Mellon, London Branch.

Counterparty Downgrade Collateral Account Bank means Elavon Financial Services DAC.

Counterparty Downgrade Collateral Account Bank means HSBC Bank plc, 8 Canada Square, London E14 5HQ, United Kingdom.

Examples of Counterparty Downgrade Collateral Account Bank in a sentence

• The Counterparty Downgrade Collateral Account shall be a cash only account, which may be supplemented by a securities account to be opened with the Counterparty Downgrade Collateral Account Bank following the downgrade of the ratings of any of the Swap Counterparties, and may not go into overdraft.

• The Cronbach's alpha test measures a survey's internal consistency.

• Each of the Account Bank, the Payment Account Account Bank, the Counterparty Downgrade Collateral Account Bank and the Custodian shall, at all times, be a financial institution with the Required Ratings and shall not be resident in The Netherlands but shall have the necessary regulatory capacity and licences to perform the services required by the Account Bank, the Payment Account Account Bank, the Counterparty Downgrade Collateral Account Bank and the Custodian, respectively, in The Netherlands.

More Definitions of Counterparty Downgrade Collateral Account Bank

Counterparty Downgrade Collateral Account Bank means Citibank N.A., London Branch.

Counterparty Downgrade Collateral Account Bank means Elavon Financial Services DAC, U.K. Branch.

Counterparty Downgrade Collateral Account Bank means The Bank of New York Mellon, Frankfurt Branch.