Issuer General Account definition

Issuer General Account is defined in the LLC Agreement.
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Issuer General Account means the bank account opened in respect of the Notes by the relevant Issuer in the books of the Account Bank.
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Issuer General Account means the account designated as such under Condition 14.1 (Designation of Accounts) and includes any replacement of that account;
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Examples of Issuer General Account in a sentence

  • Any amounts remaining on deposit in any such Series Preferred Member Distribution Account, after paying any amounts owing under such Purchase Agreements, shall be deposited into the Issuer General Account.

  • If there is no Related Series of Junior Preferred Membership Interests with respect to any Series of Senior Preferred Membership Interests, any remaining amounts on deposit in the Series Preferred Member Distribution Account with respect to such Series of Senior Preferred Membership Interests on any such Dividend Payment Date shall be deposited into the Issuer General Account.

  • Any remaining amounts on deposit in any such Series Preferred Member Distribution Account on any such Dividend Payment Date shall be deposited into the Issuer General Account.

  • Subject to the rights of the Preferred Members and to Section 13.2, all cash on deposit in the Issuer General Account shall be distributed to the Common Member at the times determined by the Chairman of the Managers.

  • Any amounts remaining on deposit in any such Series Preferred Member Distribution Account, after payment of all amounts owing under any such Purchase Agreements, shall be deposited into the Issuer General Account.


More Definitions of Issuer General Account

Issuer General Account is defined in Section 11.6(a).
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