Common use of ACCOUNTS AND PAYMENT Clause in Contracts

ACCOUNTS AND PAYMENT. ‌ 5.1 The Trustee shall have opened, prior to the Issue Date, and shall maintain in its name a Transaction Account in relation to the Certificates which shall be operated by the Principal Paying Agent on behalf of the Trustee for the benefit and use of the Certificateholders. 5.2 The Trustee shall cause to be deposited into the Transaction Account by no later than

Appears in 1 contract

Sources: Agency Agreement

ACCOUNTS AND PAYMENT. 5.1 The Trustee shall have opened, prior to the Issue Date, and shall maintain in its name a Transaction Account in relation to the Certificates which shall be operated by the Principal Paying Agent on behalf of the Trustee for the benefit and use of the Certificateholders. 5.2 The Trustee shall cause to be deposited into the Transaction Account by no later than

Appears in 1 contract

Sources: Agency Agreement