Examples of Relevant Accounts in a sentence
For the purposes of this definition, an entity shall be considered as being jointly controlled by the Guarantor and such other Person or Persons if it is accounted for as a jointly controlled entity in the Relevant Accounts.
Relevant Accounts means, at any time, the most recently available consolidated audited financial statements of the Guarantor, prepared in accordance with Relevant GAAP.
Where you have granted me, or (where applicable) any Joint Account holder with whom I hold a Joint Account that is operated with a single signing authority, any Facilities on any Relevant Account, you may block and/or otherwise restrict the use of any one or all of the Relevant Account(s) for such amount as you reasonably deem fit in order to secure any Liabilities incurred under such Facilities as well as any interest payable on such Liabilities (such amount being the “Earmarked Amount”).
For the avoidance of doubt, where the Joint Account is operated with a single signing authority, each of the Joint Account holder agrees that you may set‑off, combine, consolidate, retain, appropriate, apply or otherwise utilise all or any amount in any of the Relevant Account(s) against all or any Liabilities of such Joint Account holder.
The estimated period for the issue and the registration of Notes subscribed as of the Settlement Date to the Relevant Accounts is one week from the Settlement Date.