Offshore Accounts Bank definition

Offshore Accounts Bank means HSBC Bank USA, National Association, acting in its capacity as Offshore Accounts Bank pursuant to the Accounts Agreement, and shall include any successor Offshore Accounts Bank appointed pursuant to the Accounts Agreement.
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Offshore Accounts Bank means Deutsche Bank Trust Company Americas, acting in its capacity as Offshore Accounts Bank pursuant to the applicable Accounts Agreement, and shall include any successor Offshore Accounts Bank appointed pursuant to the applicable Accounts Agreement.
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Offshore Accounts Bank means Citibank, N.A., acting in its capacity as Offshore Accounts Bank pursuant to the Accounts Agreement, and shall include any successor Offshore Accounts Bank appointed pursuant to the Accounts Agreement.
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Examples of Offshore Accounts Bank in a sentence

  • On or prior to the Commercial Operation Date, the Facility Agent shall be provided with evidence (in the form of a written statement from the Offshore Accounts Bank or such other evidence reasonably satisfactory to the Facility Agent) that the Offshore Debt Service Reserve Account and the Offshore O&M Service Reserve Account have been fully funded pursuant to the requirements of the Accounts Agreement and the Equity Support Deed.


More Definitions of Offshore Accounts Bank

Offshore Accounts Bank. Citibank N.A. or any other bank acceptable to the Senior Lenders;
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Related to Offshore Accounts Bank

  • 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.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • 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.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

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

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

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

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

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

  • Facility Account means the account numbered 0000000 maintained by Seller in the name of “PDC Funding Company, LLC” at JPMorgan, together with any successor account or sub-account.

  • Administration Account As defined in Section 7.02.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

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

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Agent Account means such account of the Administrative Agent as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.