Issuer Account definition

Issuer Account. (Cuenta de Tesorería) means the account of the Issuer opened by the Issuer pursuant to the Deposit Bank Agreement;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Issuer Account means an account opened with NSD for an Issuer to keep records of Bonds in the course of their offering and redemption.

Issuer Account means a central securities account that an issuer of securities can instruct its Participant to open in the name of the Issuer at the central securities depository and registered in the name of the Issuer for the deposit of securities to be issued, or the deposit of securities that have been in issue which have been bought back by the issuer; This is an amended definition included by Granite CSD.

Examples of Issuer Account in a sentence

• For the avoidance of doubt, the Issuer Cash Manager may change the authorised signatories in respect of any instructions or mandates without the prior written consent of the Issuer Security Trustee, in accordance with the terms of the Issuer Bank Account Agreement or any agreement entered into with the Issuer Account Bank on substantially the same terms as the Issuer Bank Account Agreement.

• Issuance proceeds pursuant to the issuance of the Notes shall be credited to the Issuer Account.

• The Issuer Cash Manager hereby covenants that it shall establish the Additional Issuer Account, the Issuer Swap Collateral Account and the Issuer GIC Account immediately upon the same becoming necessary pursuant to the terms of the Issuer Transaction Documents.

More Definitions of Issuer Account

Issuer Account means an account held by the Issuer with the Principal Paying Agent at its London branch.

Issuer Account means a securities account or ac- counts maintained by the Depo Bank on behalf of the Issuer where Bonds beneficially owned by the Issuer are held or registered;

Issuer Account means the account established by the Issuer in Luxembourg for the purpose of holding (i) the proceeds of the issue of the Issuer Shares, (ii) such amounts as are necessary for the Issuer to retain sufficient profit in accordance with paragraph (a)(i) of Condition 4.2 (Pre-Enforcement Priority of Payments) to pay Luxembourg taxes, (iii) such amounts as are necessary to cover Luxembourg operational costs and (iv) interest earned on the foregoing amounts.

Issuer Account means each of the Collection Account, the Reserve Account and the Pre-Funding Account.

Issuer Account means each of (i) the bank account opened in the name of the Issuer with the Account Bank, with the following references: Account name: Safety Invest SA/ Euro - Konto 1000736668 / BLZ: 2902000/ IBAN DE: 98 2902 0000 1000 7366 68/ BIC: NEELDE22XXX and (ii) the bank account opened in the name of the Issuer with the Account Bank, with the following references: Account name: Safety Invest SA/ USD – Konto 1000736676 / BLZ: 29020000/ IBAN: DE 76 2902 0000 1000 7366 76 / BIC: NEELDE22XXX.

Issuer Account means the Distribution Account, the Excess REO Property Investment Proceeds Account, the Interest Reserve Account, the REO Property Reserve Account and the Working Capital Accounts.

Issuer Account means such account as established and maintained by the Issuer for the purposes set forth herein, notice of which account shall be provided to the Paying Agent.