Bank Accounts definition

Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).
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Bank Accounts means the Reserve Account and the Collection Account.
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Bank Accounts means the Issuer’s bank accounts operated and/or maintained by or on behalf of the Issuer from time to time.
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Examples of Bank Accounts in a sentence

  • Such Bank Accounts may be denominated in either U.S. Dollars or other currencies.

  • Sale of the stock will be made on ex-godown and “As is where is basis” against which 95% of sale proceed has to be deposited within 05 bank working days from the date of Acceptance Letter/Sale Confirmation (excluding the date of sale confirmation) by means of RTGS to Bank Accounts provided by NAFED.

  • A Responsible Person of the Indenture Trustee will notify the Qualified Institution maintaining the Bank Accounts (if not the Indenture Trustee) if an Event of Default has occurred and is continuing.

  • Each Note Paying Agent will have the power to make distributions from the Bank Accounts.

  • On redemption, the Indenture Trustee will release the Collateral from the Lien of this Indenture and release to the Issuer or any other Person entitled to funds then in the Bank Accounts under this Indenture according to Section 8.4(c).


More Definitions of Bank Accounts

Bank Accounts means the Exchange Note Collection Account, the Collection Account and the Reserve Account.
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Bank Accounts means those account(s) opened and maintained for the Fund and/ or the respective Allocation Plan(s) by the Trustee at the instruction of the Management Company at Banks, the beneficial ownerships in which the Unit Holder(s) shall invest in.
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Bank Accounts shall have the meaning set forth in Section 5.4.1.
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Bank Accounts shall have the meaning set forth in Section 3.20.
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Bank Accounts means those accounts in the name of the Trustee of the Fund, the beneficial ownership of which rests with the Unit Holders.
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Bank Accounts is defined in Section 11.16(f).
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Bank Accounts means those account(s) opened and maintained for the Scheme by the Trustee at Bank’s, the beneficial ownership in which shall vest in the Unit Holders.
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