Replacement Account Bank definition

Replacement Account Bank has the meaning given in Clause 9.1(c)(viii).
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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

  • Account Bank means U.S. Bank National Association, a national banking association.

  • 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;

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