Warrant Account definition

Warrant Account shall have the meaning set forth in Section 2.01 hereof.
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Warrant Account means an account opened and operated by the Warrants Administrator for the purposes of accounting for Warrants which have been exchanged for goods or services (including Rail Products) in accordance with a Warrant Agreement.
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Warrant Account has the meaning set forth in Section 3.2(b)(viii).
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Examples of Warrant Account in a sentence

  • In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company and upon notification to the Warrant Agent, be surrendered free through a Depository Participant for credit to the Warrant Account and if so credited the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent.

  • The creating and maintaining of the bank accounts process involves the configuration setup of the FI$Cal Bank (State Treasurer’s Office (STO) Bank), the Centralized Treasury System (CTS) Accounts, and the Warrant Account.

  • In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company and upon written notification to the Warrant Agent, be surrendered free through a Depositary Participant for credit to the Warrant Account and if so credited the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent.

  • Positive pay is currently used for payroll and accounts payable in the Warrant Account.

  • Title to the Warrants will be evidenced by registration in the books of the relevant Clearance Institution and/or of the relevant Warrant Account Holder.

  • BE IT RESOLVED that all funds on deposit in the official depositories of said Board of Education may be withdrawn only on the School Warrant Account of said Board of Education when signed by the President and Secretary of the Board of Education, and that the Board Secretary be permitted to invest board funds at the most advantageous rate in any federally insured bank or savings and loan in N.J.

  • Any determination as to whether an Exercise Notice is duly completed and in proper form shall be done by Euroclear, Clearstream or the relevant Warrant Account Holder, as the case may be, in consultation with the Warrant Agent, and shall be conclusive and binding on the Issuer, the Warrant Agent, and the relevant Warrantholder.

  • Checks are written for operations, payroll and accounts payable through the Warrant Account and County Treasury Accounts.

  • If such Exercise Notice is subsequently corrected to the satisfaction of Euroclear, Clearstream or, the relevant Warrant Account Holder, as the case may be, it shall be deemed to be a new Exercise Notice submitted at the time such correction is delivered to Euroclear, Clearstream or the relevant Warrant Account Holder.

  • The Warrant Agent shall promptly confirm the same to Euroclear or Clearstream, as the case may be (in the case of Warrants held through Euroclear or Clearstream) or to the relevant Warrant Account Holder (in the case of Warrants held through Euroclear France).


More Definitions of Warrant Account

Warrant Account means that certain Deposit Account or Securities Account established for the purposes of holding the Warrant Purchase Funds (and, subject to the Warrant Account Control Agreement, any investments of the Warrant Purchase Funds in the form of Cash Equivalents) and maintained in the name of the Administrative Agent with Citibank.
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Related to Warrant Account

  • Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Participant Account means that separate account maintained under the Plan to record the amount that a Participant has contributed to the Plan during an Offering Period.

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • Warrant ADSs means ADSs representing Warrant Shares.

  • Relevant Accounts means, in respect of any Interest Payment Date, the most recently published audited unconsolidated annual financial statements of UBS Group AG prepared in accordance with the Swiss Code.

  • Joint Account means an Account opened in more than one name;

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Relevant Account Holder means any account holder with the Relevant Clearing System which has Underlying Notes (as defined in the definition of “Global Bearer Note”) credited to its securities account from time to time;

  • Note Account As defined in the Indenture.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Share Account A form of Deposit Account that each member is required to maintain to remain a member of BECU. We, us, our: BECU. You, your: Each person or entity, individually, and collectively, who opens, establishes, accesses, is named as an Account Holder or Authorized Signer or who applies for any Account.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Savings deposit means a form of demand deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.

  • Investment Account As defined in Section 3.12(a).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

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

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Suspense Account means the account established by the Trustee for maintaining contributions and forfeitures which have not yet been allocated to Participants.

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Direct Account : means any Account which is not an ISA Account.