Examples of Depo Bank in a sentence
As between the Depo Bank and the Issuer, the Issuance Account Terms will apply with respect to any losses or liabilities of such Parties arising out of the Terms and Conditions of the Bonds or this Agreement.
Upon receipt of any interest or dividends in cash, or any other asset that constitutes proceeds with respect to Collateral, the Depo Bank will credit such proceeds to the Account no later than the next Business Day.
The Depo Bank will not be required to verify the calculation of amounts or whether the Issuer is complying with its obligations under the Terms and Conditions of the Bonds except to the extent specified in this Agreement.
The Depo Bank will be entitled to additionally satisfy itself with respect to the authenticity of any instruction ostensibly delivered by any Authorized Person for the Secured Party, including by requiring that authority to act on behalf of the Secured Party is certified by an independent officer of the Secured Party, such as the corporate secretary, and imposing such additional requirements as it may reasonably require.
These agreements are governed by the laws of Ireland.• Agreement(s) with the Depo Bank to be entered into in relation to the maintenance of the Issuer Accounts for each Series of Bonds for the purpose of facilitating the redemption and cancellation of the Bonds.