Refund Account definition

Refund Account means the account opened with the Refund Bank, from which refunds, if any, of the whole or part of the Bid Amount to the Anchor Investors shall be made;
Sample 1Sample 2Sample 3
Refund Account means the the ‘no-lien’ and ‘non-interest bearing’ accounts to be opened with the Refund Bank, from which refunds, if any, of the whole or part, of the Bid Amount to the Anchor Investors shall be made.
Sample 1Sample 2Sample 3
Refund Account means the account established in accordance with Clause 2.4 of this Agreement.
Sample 1Sample 2Sample 3

Examples of Refund Account in a sentence

  • None of the Cash Escrow Accounts, Public Offer Account and Refund Account shall have cheque drawing facilities.

  • The Company shall cooperate with the Escrow Collection Bank to ensure such closure of the Cash Escrow Accounts, the Public Offer Account and the Refund Account.

  • The Bankers to the Offer and their Correspondent Banks shall not in any case whatsoever use the amounts held in the Escrow Accounts, Public Offer Account or Refund Account to satisfy this indemnity in any manner whatsoever.

  • All refunds under this Agreement shall be payable by the Refund Bank and until such refunds are paid as agreed herein, the monies lying in the Refund Account shall be held for the benefit of the Bidders without any right or lien thereon.

  • The Escrow Collection Bank should ensure that the entire funds in the Cash Escrow Accounts are either transferred to the Public Offer Account or the Refund Account and appropriately confirm the same to the Registrar and BRLM (with a copy to the Company and the Selling Shareholders), and shall make the payment of such amounts within one (1) Working Day of receipt of such instructions in accordance with the Red Xxxxxxx Prospectus.


More Definitions of Refund Account

Refund Account means the no lien and non-interest bearing account to be opened with the Refund Bank(s), from which refunds, if any, of the whole or part of the Bid Amount to the Bidders shall be made;
Sample 1Sample 2
Refund Account shall include any accounts established by the Correspondent Bank(s) pursuant to such appointment.
Sample 1Sample 2
Refund Account means a non-interest earning technical account of the provider held for the purpose of executing the obligation referred to in Article 143.2 second sentence, to which a payment transaction amount is refunded which has been executed using an incorrect unique identifier;
Sample 1Sample 2Sample 3
Refund Account shall have the meaning given to such term in Section 2.2(c);
Sample 1Sample 2Sample 3
Refund Account means the account opened with Banker to the Issue, in its capacity as the Refund Bank, from which refunds, if any, of the whole or part of the Issue Amount shall be made and which shall be operated in accordance with the terms hereof;
Sample 1
Refund Account shall have the meaning given to such term in the Cash Escrow and Sponsor Bank Agreement.
Sample 1Sample 2
Refund Account means an account or accounts owned or maintained by the Servicer from which refunds are made to Borrowers and others entitled thereto in connection with payments related to Loans.
Sample 1Sample 2