Replacement Account Bank definition

Replacement Account Bank has the meaning given in Clause 9.1.
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Replacement Account Bank means the person identified as such in an Account Bank Replacement Notice;
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Examples of Replacement Account Bank in a sentence

  • In the event of such termination the Account Bank shall use reasonable endeavours to assist the other parties hereto to effect an orderly transition of the banking arrangements documented hereby and shall transfer all amounts standing to the credit of the relevant Account to the accounts with the Replacement Account Bank notified to it by the Issuer.

  • This is clearly contrary to the public interest, as noted by the Commission in several decisions, including the MI Capital decision (at paragraph 24):That the registration requirement constitutes one of the cornerstones of the regulatory framework of the Act has been iterated many times by this Commission.

  • The Administrators, the Trustee and the Issuer shall use reasonable endeavours to agree such terms with such a Replacement Account Bank within 60 calendar days of the date of the termination notice referred to above.

Related to Replacement Account Bank

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

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

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

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Account Bank means any of them.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

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

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

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

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Collection Account Agreement means an agreement in form reasonably acceptable to the Administrative Agent among Buyer, the Administrative Agent and a Collection Bank.

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

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • 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.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

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