GBP Account definition

GBP Account. [ ] [ ]Swift: [ ] GBP Account:: Financial Institution: [ ] IBAN: [ ] Swift:[ ] VAT No. 8F52100VJurisdiction: Republic of Ireland VAT No. []Jurisdiction[ ] LEI No:635400UFHDIQCDZ6JK11 LEI No[ ] Part 6. Interest Rate

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GBP Account means the deposit account designated as the “GBP Account” and any sub-accounts under the Account Control Agreement created and maintained on the books and records of the Account Bank for the deposit of GBP, which such account shall be in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

GBP Account means the securities account designated as the “GBP Account” and any sub‑accounts under the Account Control Agreement created and maintained on the books and records of the Account Bank for the deposit of GBP in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

Examples of GBP Account in a sentence

Notwithstanding anything herein to the contrary, all amounts on deposit in the Canadian Dollar Account, the Euro Account and the GBP Account, as applicable, and any other amounts denominated in an Eligible Currency other than Dollars and payable pursuant to Section 2.04 shall, on or before the Determination Date immediately preceding each Payment Date, be converted into Dollars to the extent necessary to make payments pursuant to Section 2.04.
In addition, the Borrower (or the Collateral Manager and/or the Equityholder on behalf of the Borrower, as applicable) shall notify the Account Bank in the applicable Disbursement Request (with a copy to the Collateral Agent and the Administrative Agent) of any amounts on deposit in the Canadian Dollar Account, the Euro Account, and the GBP Account, as applicable, which are to be reserved against the Unfunded Exposure Amount.

More Definitions of GBP Account

GBP Account has the meaning ascribed to it in Section 8.01(a).

GBP Account. Collectively, each Securities Account and any sub-accounts created and maintained on the books and records of the Securities Intermediary for the deposit of GBP in the name of a Loan Party and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

GBP Account has the meaning ascribed to it in Section 8.01(a). "GBP Custodial Account" has the meaning ascribed to it in Section 8.01(a). "GBP Interest Collection Account" has the meaning ascribed to it in Section 8.01(a). "GBP Investments" means Portfolio Investments denominated in GBP. "GBP Principal Collection Account" has the meaning ascribed to it in Section 8.01(a). "Governmental Authority" means the government of the United States of America or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank).