Issuer Account definition

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

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;means a central securities account that an issuer of securities can instruct its Participant to open at the central securities depository for the deposit of securities to be issued;

Examples of Issuer Account in a sentence

• The Reserves will be adjusted on a monthly basis and shall be deposited in the Issuer Account and exclusively reserved to cover risks.

• Any Paying Agent will have the revocable power to withdraw funds from the Collection Account or other applicable Issuer Account for the purpose of making the distributions referred to above.

• Furthermore, the targeted deposits, if any, to any applicable Issuer Account, will be increased proportionately to reflect the principal amount of the additional Notes.

• The Paying Agent, on behalf of the Indenture Trustee, will make distributions to Noteholders from the Collection Account or other applicable Issuer Account pursuant to the provisions of any Indenture Supplement and will report the amounts of such distributions to the Indenture Trustee.

• The parties to the Transaction Documents who receive and hold monies or provide support to the transaction pursuant to the terms of such documents (such as the Issuer Account Bank and the Swap Provider) are required to satisfy certain criteria in order that they can continue to be a counterparty to the Issuer.

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 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.

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 (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 a securities account maintained by the Depo Bank on behalf of the Issuer where Bonds beneficially owned by the Issuer are held or registered;

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