Subscription Account definition

Subscription Account means the unallocated Metal account held in the name of the Issuer with the Subscription Account Custodian in respect of this Series of ETC Securities holding unallocated Metal deposited by Authorised Participants with respect to Subscription Orders in respect of which the related issue of ETC Securities to the relevant Authorised Participant has not yet occurred.

Subscription Account has the meaning set forth in Section 4.8.

Subscription Account means a subscription account issued by us to you pursuant to the terms and conditions of this Agreement.

Examples of Subscription Account in a sentence

• Upon Written Instructions, at each closing of each offering of interests in the Company, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Company.

• Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Company.

• In the event that a Potential Investor who has escrow funds in the Subscription Account is not admitted into the Fund, upon Written Instructions, the Escrow Agent shall promptly issue refunds to the Potential Investor in the amount of the principal balance with accrued interest.

• Balances on deposit in the Subscription Account will earn interest at prevailing market rates pursuant to arrangements approved by the Fund.

• Upon Written Instructions, at each closing of each offering of interests in the Fund, the Escrow Agent will wire principal balances on deposit in the Subscription Account to the account designated by the Fund.

More Definitions of Subscription Account

Subscription Account means the subscription account opened by the Company with the Bank of New York Mellon, SA/NV (the details of which are set out in the Application Form).

Subscription Account means the Subscription Account for a particular Fund established and operated by the Manager for that Fund from time to time.

Subscription Account means a collateral account(s) established by the Investor REIT at The Chase Manhattan Bank, pursuant to the Cash Collateral Agreement.

Subscription Account has the meaning assigned to it in Section 2.1.3 hereto.

Subscription Account means a type of Client account where a monthly fee is payable for a specified period of time and within agreed allowances.

Subscription Account means the account opened by the Company with Citibank N.A. – London Branch or such other account opened by the Company from time to time.

Subscription Account means, collectively, the Borrower Subscription Account and the Guarantor Subscription Account.