Excess Liquidity Account means the bank account of the Issuer with account number 464 227 321 held with the Account Bank into which any residual amount in accordance with Clause 4.2(a)(viii) will be transferred and which have been pledged in favour of the Trustee and the Bondholders (represented by the Trustee) under the Accounts Pledge Agreement.
Examples of Excess Liquidity Account in a sentence
The Issuer may, subject to applicable law, at any time purchase Bonds in accordance with paragraphs (a) and (b) of Clause 4.4 (Excess Liquidity Account).
The Issuer may, subject to applicable law, at any time purchase Bonds in accordance with paragraphs (a) and (b) of Clause 4.3 (Excess Liquidity Account).