Offshore Account definition

Offshore Account means a Client account where we have been instructed to appoint a Custodian outside the UK (details of such Custodian being specified in the Client Terms);
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Offshore Account means each of the Offshore Revenues and Disbursement Account, the Debt Service Reserve Account, the Insurance Proceeds Account, the Offshore Operating Account and any Subaccount of any thereof.
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Offshore Account has the meaning given to that term in the Offshore Accounts Agreement.
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Examples of Offshore Account in a sentence

  • The Offshore Account Bank accepts such designation and appointment in accordance with and limited to the terms and conditions of this Agreement.

  • The Offshore Account Bank shall at all times be an Acceptable Bank.

  • Decisions of the Committee on all matters relating to the Plan, any Award granted under the Plan and any Grant Agreement shall be in the Committee’s sole discretion and shall be conclusive and binding on the Company, all Participants and all other parties, unless an arbitration or other provision is expressly provided in a Participant’s Grant Agreement.

  • The Offshore Account Bank may accept deposits from, lend money to and generally engage in any kind of lending or other business with any party to any Finance Document.

  • Zierring & Young Ran Kim, U.S. Offshore Account Enforcement Issues, J.

  • Notwithstanding that this Agreement is governed by English law, any deposits standing to the credit of the Project Accounts from time to time and all payments out of the Project Accounts are governed by the prevailing laws in effect in Singapore in the case of the Project Accounts with the Offshore Account Bank and Indonesia in the case of the Project Accounts with the Onshore Account Bank.

  • The Offshore Account Bank does not accept any responsibility for the accuracy and/or completeness of any information supplied in connection with any Finance Document or for the legality, validity, effectiveness, adequacy or enforceability of any Finance Document and shall not be under any liability as a result of taking or omitting to take any action in relation to the Offshore Accounts, save in the case of gross negligence or wilful misconduct.

  • The Offshore Account Bank may at any time (without assigning any reason therefor) notify the Agent and the Borrower in writing that it wishes to cease to be the Offshore Account Bank hereunder and, upon receipt of such notice, the Agent may, following consultation with the Borrower, nominate another Lender as a successor to the Offshore Account Bank.

  • Any Security, Quasi-Security, collection order, decision to suspend operation or other similar impediment, other than those created pursuant to the Finance Documents, exists over any Facility Account, or any Facility Account is closed by a person other than the Offshore Account Bank.

  • The Offshore Account Bank shall not be responsible for the accuracy and/or completeness of any information supplied in connection with any Finance Document or for the legality, validity, effectiveness, adequacy or enforceability of any Finance Document nor shall it be under any liability as a result of taking or omitting to take any action in relation to the Project Accounts (other than the Collection Account) save in the case of its gross negligence or wilful misconduct.


More Definitions of Offshore Account

Offshore Account means any of the Offshore Accounts.
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Offshore Account means an individual account maintained and executed at an office or branch of the Fund outside of the United States.
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Offshore Account means each of:
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Offshore Account means those arrangements set out in ARRANGEMENTS" Exhibit 2.
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Related to Offshore Account

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • the Account means the electronic online trading account opened for the Customer with the Company on which trading is made through the Portal of Boubyan Investment Company. تنترنلإا برـع نيوتركللإا لوادـتلا باـسح هب دصقُي :باـسحلا وأ لوادتلا باـسح •عـقولما برـع هـيلع لوادـتلا يرـجيو ةـكشرلا ىدـل لـيمعلل هـحتف مـتي يذـلاو .رماثتـسلال ناـيبوب ةـكشرل نيوترـكللإا • The “Portal” shall mean the website created by the Company on the Internet, which includes the services provided by the Company and can be accessed through Boubyan Bank’s website or Boubyan Capital’s website on the Internet for carrying out trading operations. نيوترـكللإا عـقولما اـهب دـصقُي :ةـينوتركللإا ةـحفصلا :ةـينوتركللإا ةـحفصلا • يـتلا تاـمدخلا نـمضتي يذـلاو ،تـنترنلإا ةكبـش ىـع ةـكشرلا هـتدعأ يذـلا عقوم وأ ناـيبوب كـنب عـقوم للاـخ نـم هـيلإ لوـصولا نـكيمو ةـكشرلا اـهمدقت .لوادـتلا تاـيلمعب ماـيقلل تـنترنلإا ىـع رماثتـسلال لاـتيباك ناـيبوب ةـكشر

  • Investment Account As defined in Section 3.12(a).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Holding Account means an account:

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Direct Account : means any Account which is not an ISA Account.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Compliance account means a NOx allowance tracking system account, established by the U.S. EPA for a NOx budget unit under section 10 of this rule, in which the NOx allowance allocations for the unit are initially recorded and in which are held NOx allowances available for use by the unit for an ozone control period for the purpose of meeting the unit’s NOx budget emissions limitation.

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

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • New Account means each charge account established pursuant to an Account Agreement between Centurion and any Person, which account is designated pursuant to Subsection 2.03(a) to be included as an Account and identified on an Account Schedule delivered pursuant to Sections 2.01 and 2.03.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Concentration Account has the meaning provided in Section 6.13(c).