Current Issuer Account Bank definition

Current Issuer Account Bank means Citibank, N.A., situated at 5 Carmelite Street, London EC4Y 0PA, or such other person for the time being acting as account bank to the Current Issuer under the Current Issuer Bank Account Agreement;
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Current Issuer Account Bank means Citibank, N.A., situated at 5 Carmelite Street, London EC4Y 0PA. Citibank, N.A. or such other pxxxxx xxx xxx xxxx xxxxx xxxxxx xx account bank to the Current Issuer under the Current Issuer Bank Account Agreement;
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Current Issuer Account Bank means the bank at which the Current Issuer Bank Accounts are maintained from time to time, being Citibank, N.A., 5 Carmelite Street, London EC4Y 0PA, or any other Authorised Entity appointed by the Current Issuer in accordance with the Current Issuer Transaction Documents;
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Examples of Current Issuer Account Bank in a sentence

  • The Current Issuer Account Bank shall submit monthly written statements to the Current Issuer Cash Manager and, upon request, the Current Issuer and the Note Trustee setting out the amounts standing to the credit of each of the Current Issuer Transaction Accounts at the close of business on the London Business Day immediately preceding the date of each such statement within three London Business Days of the statement date.

  • In the event of such termination and cessation, the Current Issuer Account Bank shall assist the other parties hereto to effect an orderly transition of the banking arrangements documented hereby.

  • Notwithstanding the provisions of Clause 2.1 (Instructions from Current Issuer Cash Manager to Current Issuer Account Bank) and Clause 2.3 (Current Issuer Account Bank Charges) amounts shall only be withdrawn from a Current Issuer Transaction Account, to the extent that such withdrawal does not cause the relevant account to have a negative balance.

  • Unless and until directed otherwise by the Note Trustee, the Current Issuer Account Bank shall provide each of the Current Issuer Cash Manager and, upon request, the Current Issuer and the Note Trustee with a statement in respect of each Current Issuer Transaction Account automatically on a monthly basis in accordance with Clause 4.3 (Statements) and also as soon as reasonably practicable after receipt of a request for a statement.

  • The Note Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights under this Agreement but shall have no responsibility for any of the obligations of, nor assume any liabilities to, the Current Issuer Cash Manager, the Current Issuer Account Bank or the Current Issuer hereunder.

  • In the event of such termination the Current Issuer Account Bank shall assist the other parties hereto to effect an orderly transition of the banking arrangements documented hereby and the Current Issuer shall reimburse the Current Issuer Account Bank for its reasonable costs and any amounts in respect of Irrecoverable VAT thereon (including reasonable costs and expenses) incurred during the period of, and until completion of, such transition.

  • Each of the Current Issuer, the Current Issuer Cash Manager and the Current Issuer Account Bank undertakes and agrees to notify the Note Trustee of any event which would or could entitle the Note Trustee to serve a notice of termination pursuant to Clause 8.4 (Termination by Note Trustee) promptly upon becoming aware thereof.

  • The charges shall be payable at the same rates as are generally applicable to the business customers of the Current Issuer Account Bank provided that, subject to Clause 8.6 (Termination by Current Issuer Account Bank), if there are insufficient funds standing to the credit of the applicable Current Issuer Transaction Account, to pay such charges the Current Issuer Account Bank shall not be relieved of its obligations in respect of the relevant account.

  • By its execution of the Current Issuer Deed of Charge, the Current Issuer Account Bank acknowledges and consents to the assignments, charges and Security Interests (including the Jersey Security Interests) made or granted by the Current Issuer under Clause 3 (Current Issuer Security) of such Current Issuer Deed of Charge.

  • The Current Issuer Account Bank shall not, in any event, be liable to the Current Issuer or to any other party to the Current Issuer Transaction Documents for any special, indirect, punitive or consequential loss or damage of any kind whatsoever (including but not limited to lost profits), whether or not foreseeable and in each case however caused or arising.


More Definitions of Current Issuer Account Bank

Current Issuer Account Bank means the bank at which the Current Issuer Bank Accounts are maintained from time to time, being Citibank, N.A., 5 Carmelite Street, London EC4Y 0PA, or any
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Current Issuer Account Bank means the bank at which the Current Issuer Bank Accounts are maintained from time to time, being Citibank, N.A., 5 Carmelite Street, London EC4Y 0PA, or any other Authoxxxxx Xxxxxx xxxxxxxxx xx xxx Xxxxxxx Issuer in accordance with the Current Issuer Transaction Documents;
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Related to Current Issuer Account Bank

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Account Bank means any of them.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Yield Supplement Account Deposit means the initial deposit of cash in the amount of $[_________] made by or on behalf of the Seller into the Yield Supplement Account on the Closing Date.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.