Issuer Cash Account definition

Issuer Cash Account means, in respect of a Series, an interest-bearing account opened with HSBC Bank plc (and any successor or replacement thereto) in the name of the Issuer and operated by the Issuer or the Administrator (as authorised by the Issuer), into which amounts received by or on behalf of the Issuer shall be paid from time to time, including but not limited to the Net Actual Redemption Sale Proceeds.

Issuer Cash Account means, in respect of a Series of Certificates, the cash account being maintained by the Account Bank for the Issuer in respect of such Series of Certificates under the terms of the Account Bank Agreement;

Issuer Cash Account means an interest-bearing account of the Issuer in respect of the Securities, if needed, to be held with the Administrator in England or the United States into which amounts received by or on behalf of the Issuer shall be paid from time to time, including but not limited to Buy-Back Settlement Amounts and Early Redemption Amounts, in each case for Cash Redemption Securities.

Examples of Issuer Cash Account in a sentence

• On or shortly after each Combined Fees Calculation Date falling prior to the delivery of an Enforcement Notice by the Trustee, the Execution Agent shall arrange for the sale of an amount of the Underlying Cryptoassets equal to the relevant Combined Fees and, to settle such trade against payment of the purchase price to the Issuer Cash Account or as otherwise directed by the Issuer (the "Combined Fees Payment Proceeds").

• Where any other fees and expenses (including without limitation trading costs and, if relevant, indemnity payments and extraordinary legal expenses) are payable by the Issuer, the Administrator shall arrange for payment of such fees and expenses out of the Issuer Cash Account or as otherwise directed by the Issuer.

• The relevant English Law Security Trust Deed in respect of a Series supplements the relevant Irish Law Security Trust Deed in respect of such Series in order to create security over the Issuer Cash Account and Account Bank Agreement in respect of such Series.

More Definitions of Issuer Cash Account

Issuer Cash Account means the Transaction Account and each Hedge Collateral Cash Account;

Issuer Cash Account means each cash account established by the Issuer with an Eligible Cash Account Bank in order to receive and hold cash proceeds in respect of the relevant Underlying Asset(s).

Issuer Cash Account has the meaning given to it in the Administration Agreement;

Issuer Cash Account means, in respect of the Notes, the cash account specified as such in the name of the Issuer maintained by the Custodian.

Issuer Cash Account means, in respect of a Series of Notes, the cash accountbeing maintained by the Custodian for the Issuer in respect of such Series of Notes under the terms of the Master Services Agreement.

Issuer Cash Account means the account of the Issuer (not being the Issuer SecuredCash Account or the Issuer Metal Sale Cash Account) to which a Metal Agent is required to make payments (inter alia) in respect of the Management Fee and the Insurance Allowance pursuant to a Metal Agent Agreement

Issuer Cash Account means the account held with the Custodian into which proceeds of the Portfolio Obligations are deposited.