Guarantor Accounts definition

Guarantor Accounts means the Standby GIC Account and the Standby Transaction Account and such other accounts as may be maintained by the Standby Account Bank for the Guarantor pursuant to agreements between, inter alia, the Guarantor and the Standby Account Bank and the Standby GIC Provider;
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Guarantor Accounts means the GDA Account, the Transaction Account (to the extent maintained) and any additional or replacement accounts opened in the name of the Guarantor, including, if applicable, the Standby GDA Account and the Standby Transaction Account and each individually a “Guarantor Account”;
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Guarantor Accounts means the GIC Account and the Transaction Account and such other accounts as may be maintained by the Account Bank for the Guarantor pursuant to agreements between, inter alia, the Guarantor and the Account Bank and the GIC Provider;
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Examples of Guarantor Accounts in a sentence

  • The Cover Pool consists of Purchased Loan Receivables, Purchased Related Collateral and Eligible Investments as well as the amounts standing to the credit of the Guarantor Accounts.

  • For greater certainty, subject to commingling as permitted in accordance with the terms of this Agreement, the other Transaction Documents and the CMHC Guide, all cash and Substitute Assets of the Guarantor shall be held in one or more Guarantor Accounts and all Substitute Assets shall be segregated from the assets of the Account Bank.

  • All Iinterior and exterior building lights must be provided with Lighting Emitting Diode (LED) lighting fixture.

  • The charges shall be payable in accordance with the Priorities of Payments at the same rates as are generally applicable to the business customers of the Account Bank provided that if there are insufficient funds standing to the credit of the Transaction Account to pay such charges after payment by or on behalf of the Guarantor of any higher ranking obligations in the Priorities of Payment the Account Bank shall not be relieved of its obligations in respect of any of the Guarantor Accounts.

  • The charges of the Account Bank for the operation of each of the Guarantor Accounts maintained with the Account Bank shall be debited to the Transaction Account only on each Guarantor Payment Date, and the Guarantor by its execution hereof irrevocably agrees that this shall be done.

  • Amounts that are on deposit from time to time in the Guarantor Accounts may be invested in certain permitted investments pursuant to the Transaction Documents.

  • The Guarantor shall deliver to the Account Bank prior to the First Issue Date, the duly executed relevant Mandates in or substantially in the forms set out in Schedule 1 hereto relating to the Guarantor Accounts, and the Account Bank hereby confirms to the Bond Trustee that such Mandates have been provided to it, that the Guarantor Accounts are open and that the respective Mandates are operative.

  • The Standby GIC Provider undertakes to perform only such duties as are expressly set forth in this Agreement and to deal with the Guarantor Accounts with the degree of skill and care that the Standby GIC Provider accords to all accounts and funds maintained and held by it on behalf of its customers.

  • The Excess Proceeds will thereafter form part of the Security granted pursuant to the Security Agreements and will be used by the Guarantor in the same manner as all other moneys from time to time standing to the credit of the Guarantor Accounts.

  • To secure the Issuer Trustee Claim (Treuhänderanspruch) and the Guarantor Trustee Claim (Treuhänderanspruch), the Guarantor has pledged (verpfändet) or will pledge to the Trustee, inter alia, certain Guarantor Accounts, any present and future Transfer Claim and all the present and future claims against the Trustee under any Transaction Document to which the Guarantor is a party as further set out under "THE TRUST AGREEMENT – Clause 6 (Pledges and Assignment)" below.


More Definitions of Guarantor Accounts

Guarantor Accounts means all accounts of the Guarantors (except the Blocked Account) as of the date hereof with any bank or financial institution, details of which have been given to Lender.
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Guarantor Accounts has the meaning ascribed thereto in the Standby Account Agreement;
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Related to Guarantor Accounts

  • 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.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

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

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

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

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

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

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

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Note Account As defined in the Indenture.