FCT Account definition

FCT Account means the segregated EUR denominated bank account opened on behalf of the FCT with the FCT Custodian, the details of which are set out in clause 24.1 of the FCT Regulations.
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FCT Account means any of the following accounts:
Sample 1

Examples of FCT Account in a sentence

  • By no later than 10.00 a.m. Paris time on the relevant Monthly Payment Date, and in accordance with the FCT Transaction Documents, the Management Company shall take the relevant decisions and give the necessary instructions to the FCT Account Bank, the Paying Agents and the Paying Agents in order that the Priority of Payments to be implemented on such Monthly Payment Date in accordance with, and subject to, the provisions of Clause 7.2 and Clause 14 can be applied.

  • Account Bank SociØtØ GØnØra, lae sociØtØ anonymewhose registered office is located at 29, boulevard Haussman, 75009 Paris, registered with the Trade and Companies Registry of Paris (France) under number 552 120 222, licensed as a credit institution (Øtablissement de crØdi)t with the status of bank (banque) and investment services provider (prestataire de services d’investissement) by the ACPR, in its capacity as account bank under the FCT Account Bank Agreement.

  • Reserve Fund Account Ledgers All amounts retained or to be retained by the Issuer in respect of the Non-Liquidity Reserve Fund and the Liquidity Reserve Fund in accordance with the Regulations shall be credited to the Reserve Fund Account opened by the Issuer with the Account Bank in accordance with the terms of the FCT Account Bank Agreement.

  • Method of Payment Any amounts of interest or principal due in respect of any Class A Note are paid in euro outside the United States and its possessions by the Principal Paying Agent on each applicable Payment Date up to the amount transferred by the Management Company (or the FCT Account Bank acting upon the instructions of the Custodian and the Management Company) to the Principal Paying Agent by debiting the General Collection Account.

  • General Account Ledgers All payments received or to be received by the Issuer (other than in respect of the Non-Liquidity Reserve Fund, the Liquidity Reserve Fund or any amount received in accordance with the Credit Support Annex) shall be credited to the General Account opened with the Account Bank in accordance with the terms of the FCT Account Bank Agreement.

  • The Management Company, the Custodian, the FCT Account Bank and the FCT Cash Manager hereby agree and acknowledge that, with effect from the 2022 Amendment Effective Date, the FCT Account and Cash Management Agreement shall be amended and restated so as to be in the form set out in Schedule 8 (the Amended and Restated FCT Account and Cash Management Agreement) and the same shall thereafter be read and construed for all purposes accordingly.

  • None of the Management Company, the Custodian, the FCT Account Bank, the FCT Cash Manager, the Arranger, the Joint Lead Managers, the Paying Agent, the Issuing Agent, the Registrar, the Swap Counterparty, the Specially Dedicated Account Bank, the Data Protection Agent nor any of their respective affiliates has undertaken or will undertake any investigation, review or searches to verify the historical information.

  • The FCT Account Bank shall not charge any fee upon the termination of its appointment in case of rating downgrade.

  • The Management Company, the Custodian, the Paying Agent, the Listing Agent and the FCT Account Bank hereby agree and acknowledge that, with effect from the 2022 Amendment Effective Date, the Paying Agency Agreement shall be amended and restated so as to be in the form set out in Schedule 5 (the Amended and Restated Paying Agency Agreement) and the same shall thereafter be read and construed for all purposes accordingly.

  • The FCT Account Bank is under no obligation to inform any other Person (except the Management Company and the Custodian including, but not limited to, any Person that is to receive the payment) if there are insufficient cleared funds credited to any FCT Account to make a payment in accordance with a Payment Instruction in respect of such FCT Account.

Related to FCT Account

  • Direct Account : means any Account which is not an ISA Account.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Investment Account As defined in Section 3.12(a).

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Collection Accounts As defined in Section 3.10(a).

  • Note Account As defined in the Indenture.

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

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

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

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

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

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Controlled Deposit Account means each deposit account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

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