Funding Account Bank definition

Funding Account Bank is defined in the definition of Account Control Agreement.
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Funding Account Bank means Wilmington Trust, National Association and any permitted successors in such capacity in accordance with the Credit Documents.
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Funding Account Bank. Xxxxx Fargo Bank, N.A., or such other party upon whom Buyer and Seller may mutually agree.
Sample 1

Examples of Funding Account Bank in a sentence

  • All money held by each of the Funding Account Banks under this Agreement in the Funding Transaction Account (in the case of Account Bank A) or the Funding GIG Account (in the case of Account B) are held by the relevant Funding Account Bank as banker and not as trustee (or in Scotland as agent) and as a result the money will not be held in accordance with the Client Money Rules of the FCA.

  • However, ETSC believes that it is best to concentrate on fatalities and fatal accidents in the first instance, because these raise fewer problems of definition and data reliability.

  • In the event that Customer has repeated overdrafts in the Funding Account, Bank may, at its option and sole discretion, terminate the Services.

  • All money held by each of the Funding Account Banks under this Agreement in the Funding Transaction Account (in the case of Account Bank A) or the Funding GIG Account (in the case of Account B) are held by the relevant Funding Account Bank as banker and not as trustee (or in Scotland as agent) and as a result the money will not be held in accordance with the client money rules of the FCA.

Related to Funding Account Bank

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

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

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

  • 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).

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

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

  • 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.

  • Blocked Account Banks means the banks with whom the Borrowers have entered into Blocked Account Agreements.

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

  • Account Bank means any of them.

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

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 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 CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" 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.

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

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

  • 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;

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

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

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • 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.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

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