Transaction Account Mandate definition

Transaction Account Mandate means the bank account mandate between the Guarantor and the Account Bank relating to the operation of the Transaction Account;
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Transaction Account Mandate means the resolutions, instructions and signature authorities relating to the Transaction Account in the form agreed between the Account Bank and the Issuer;
Sample 1

Examples of Transaction Account Mandate in a sentence

  • The Account Bank acknowledges that the Transaction Account Mandate and any other mandates delivered from time to time pursuant to the terms hereof shall be subject to the terms of the Deed of Charge and this Agreement.

  • The Cash Manager shall, prior to seeking any amendments to the Transaction Account Mandate and/or the GIC Account Mandate which would require the consent of the Security Trustee in accordance with this Clause 5.3, confirm to the Account Bank or the GIC Provider as applicable, whether the consent of the Security Trustee has been obtained.

  • In the case of the Transaction Account, the Issuer has delivered to the Account Bank prior to the Closing Date the duly executed Transaction Account Mandate in the form set out in Schedule 1 (Form of Transaction Account Mandate) and relating to the Transaction Account, and the Account Bank hereby confirms to the Security Trustee that the Transaction Account Mandate has been provided to it, that the Transaction Account is open and that the Transaction Account Mandate is operative.

  • The parties hereto agree and acknowledge that, on or prior to the date of this Agreement the existing transaction account held with Santander UK in the name of Funding will be closed and the new Funding Transaction Account will be opened with The Bank of New York Mellon, acting through its London Branch (in its capacity as Account Bank A), subject to the terms of this Agreement and the Funding Transaction Account Mandate.

  • The Cash Manager shall, prior to seeking any amendments to the Transaction Account Mandate and/or the GIC Account Mandate which would require the consent of the Security Trustee in accordance w ith this Clause 5.3, confirm to the Account Bank or the GIC Provider as applicable, whether the consent of the Security Trustee has been obtained.

  • The parties hereto agree and acknowledge that, on or prior to the date of this Agreement the existing transaction account held with Santander UK in the name of Funding 1 will be closed and the new Funding 1 Transaction Account will be opened with The Bank of New York Mellon, London Branch (in its capacity as Account Bank A), subject to the terms of this Agreement and the Funding 1 Transaction Account Mandate.

  • In the case of the Transaction Account, the Issuer has delivered to the Account Bank prior to the Closing Date the duly executed Transaction Account Mandate in the form set out in Schedule 1 (Form of Transaction Account Mandate) and relating to the Transaction Account, and the Ac c ount Bank hereby confirms to the Security Trustee that the Transaction Account Mandate has been provided to it, that the Transaction Account is open and that the Transaction Account Mandate is operative.

  • The Issuer Account Bank acknowledges that each of the Issuer Transaction Account Mandate and the Issuer GIC Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Issuer Deed of Charge and this Agreement.

  • The Cash Manager hereby confirms that the Funding 2 Transaction Account has been established on or before the Programme Date and that the Funding 2 Transaction Account Mandate in the agreed form will apply thereto at the Programme Date.

  • The Cash Manager hereby confirms that the Funding 1 Transaction Account has been established on or before the date hereof and that the Funding 1 Transaction Account Mandate in the agreed form will apply thereto at the Initial Closing Date.

Related to Transaction Account Mandate

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

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

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

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

  • Collection Accounts As defined in Section 3.10(a).

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

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

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

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

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

  • Administration Account As defined in Section 7.02.

  • 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.

  • Dominion Account shall have the meaning assigned to such term in Section 5.11(b).

  • 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.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Collection Account Bank and Lender providing for the exclusive control of the Collection Account and all other Accounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender.

  • 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 means the account designated as such, established and maintained pursuant to Section 5.1.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Account Agreement means the agreements for the operation of the Account.

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

  • 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).

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.