Funding Bank Accounts definition

Funding Bank Accounts means the Funding GIC Account, the Funding Transaction Account and the Funding (First Issuer) GIC Account and each other Funding (Issuer) GIC Account established after the Initial Closing Date and each such additional or replacement account in the name of Funding that may be opened with the prior approval of the Security Trustee after the Initial Closing Date;
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Funding Bank Accounts. At all times prior to the release, reassignment or discharge of the Funding Security pursuant to Clause 4 (Release of Funding Charged Property): (a) (save as otherwise provided in the Funding Transaction Documents or unless the Security Trustee otherwise agrees in writing (and then only on such terms and in such manner as the Security Trustee may require)), Funding shall procure that: (i) any distribution of Mortgages Trustee Available Revenue Receipts to Funding and any distribution of Principal Receipts to Funding pursuant to the Mortgages Trust is deposited into the Funding GIC Account; (ii) all other income of Funding (if any) is deposited into the Funding GIC Account; and (iii) all Issuer Reserve Funds and Issuer Liquidity Reserve Funds (if any) held by Funding in respect of any New Issuer are deposited into the relevant Funding (Issuer) GIC Account established by Funding for such purpose; and (b) Funding shall not be entitled to withdraw or transfer from any Funding Bank Account any monies standing to the credit thereof or direct any payment to be made therefrom to any person without the Security Trustee's prior written consent.
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Funding Bank Accounts means the Funding GIC Account, the Funding Transaction Account, the Funding Liquidity Facility Standby Account and such other bank account(s) held in the name of Funding with the approval of the Security Trustee from time to time;
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Examples of Funding Bank Accounts in a sentence

  • Subject to and in accordance with this Funding Deed of Charge and the other Funding Transaction Documents, the Cash Manager, on behalf of the Funding and the Security Trustee, is permitted pursuant to Clause 6 (Restrictions on Exercise of Certain Rights) from time to time to withdraw amounts from the Funding Bank Accounts in order to apply such amounts in accordance with the relevant Funding Priority of Payments.

  • Each of the Seller and the Cash Manager agrees that it will not make or exercise any claims or demands, any rights of counterclaim or any other equities against or withhold payment of any and all sums of money which may at any time and from time to time be standing to the credit of the Mortgages Trustee Bank Accounts, the Funding Bank Accounts or the Funding 2 Bank Accounts or any replacement or additional bank account of the Mortgages Trustee or any Funding Beneficiary.

  • In administering the Funding Bank Accounts on behalf of Funding and the Security Trustee, the Cash Manager shall comply with the provisions of Schedule 2 hereto prior to receipt by the Cash Manager of a copy of any Intercompany Loan Enforcement Notice served by the Security Trustee on Funding.

  • Each of the payments into the Mortgages Trustee Bank Accounts, the Funding Bank Accounts and the Funding 2 Bank Accounts referred to in Clauses 4.4(a) through (i) herein shall be made forthwith upon receipt by the Mortgages Trustee, Funding, Funding 2 or the Cash Manager, as the case may be, of the amount in question.

  • Information on the Independent Living Donor Advocate (ILDA) has been communicated to the potential living donor.

  • For the avoidance of doubt, the Cash Manager may change the Authorised Signatories in respect of any instructions or Mandates relating to the Funding Bank Accounts without the prior written consent of the Security Trustee, in accordance with Clause 4.2 (Amendment or Revocation) of the Bank Account Agreement or any Funding (Issuer) Bank Account Agreement, as the case may be.

  • Each of the payments into the Mortgages Trustee Bank Accounts, the Funding Bank Accounts and the Funding 2 Bank Accounts referred to in Clauses 4.4(a) through (g) herein shall be made forthwith upon receipt by the Mortgages Trustee, Funding, Funding 2 or the Cash Manager, as the case may be, of the amount in question.

  • In administering the Funding Bank Accounts on behalf of the Funding and the Security Trustee, the Cash Manager shall comply with the provisions of Schedule 2 hereto prior to receipt by the Cash Manager of a copy of any Intercompany Loan Enforcement Notice served by the Security Trustee on Funding.

Related to Funding Bank Accounts

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

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

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

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

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

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

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

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

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

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

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • 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.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

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

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

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

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

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • 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.