Redemption Account definition

Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:
Redemption Account means the Account within the Debt Service Fund so designated and established pursuant to Article V hereof.
Redemption Account means the account by that name established and held by the Trustee pursuant to Section 4.03(e).

Examples of Redemption Account in a sentence

  • The Series 2023[●] Bonds shall be subject to prepayment, in whole or in part, on any date, in Authorized Denominations, from and to the extent of Insurance and Condemnation Proceeds received with respect to all or a portion of the Property, deposited by the Trustee in the Redemption Account pursuant to Section 5.03 (Application of Insurance and Condemnation Proceeds) of the Indenture.


More Definitions of Redemption Account

Redemption Account means the Redemption Account established pursuant to the General Resolution.
Redemption Account means the account(s) (which may be a current, saving or deposit account(s)) maintained by the Trustee with any bank having an investment grade rating and approved by the Management Company in which the amount required for redemption of Units to the Holders may be transferred.
Redemption Account means the Redemption Account established pursuant to the Resolution. “Redemption Date” means the date or dates upon which Bonds are to be called for redemption pursuant to
Redemption Account means the account by that name established by paragraph (5) of Section 504 of the General Resolution.
Redemption Account. An escrow account maintained by the Trustee into which any Trust funds not distributed on a Distribution Date on which a Redeeming Purchase is made are deposited. The Redemption Account shall be an Eligible Account.
Redemption Account has the meaning set forth in Section 3.1(a) of the Indenture.
Redemption Account means the account by that name established in the Revenue Fund pursuant to Section 5.02 hereof.