Asset Account definition
Asset Account means the deposit account or accounts of the applicable Borrower or its wholly owned Subsidiary, in the name of such Borrower or such Subsidiary, held at the applicable Account Bank, into which all Asset proceeds are to be funded, as such accounts are listed on Schedule I. “Asset Accounts” means all such accounts, collectively.
Asset Account means a notional account opened pursuant to sub- paragraph (2) of paragraph 5 of the Scheme for the purpose of ascertaining the surplus or shortfall after adjustment from time to time of liabilities of the transferor bank as provided in the Scheme;
Examples of Asset Account in a sentence
For the purposes of mobilising Credit Claims as collateral, the Pledgor shall mobilise such assets to an Asset Account designated by the Central Bank.
Utilize the DMF on all of its Life Insurance Policy, Annuity Contract, and Retained Asset Account product lines using the comparison methodologies set forth in Section 2(a) of this Agreement.
More Definitions of Asset Account
Asset Account means the account in which funds are maintained to support the extension of credit in connection with the Stripe Issuing Programs, which is, depending on which Stripe Issuing Program you participate in, your Issuing top-up balance, your Acquiring Receivables balance (as defined in the applicable Issuing Bank Terms), or your Financial Account.
Asset Account means the total portfolio of those Assets to which Your Bond is linked. The Asset Account is allocated equally to all the Policies in the Bond.
Asset Account means: (a) in relation to the mobilisation of marketable assets and DECCs: (i) an account opened by an NCB in its own books; (ii) an account opened in the books of a securities settlement system or of another NCB acting as a correspondent central bank; (b) in relation to the mobilisation of non- marketable assets (other than DECCs): (i) an account opened by an NCB in its own books; (ii) an account opened in the books of another NCB acting as a correspondent central bank. Such accounts opened with an institution other than the home central bank are referred to as ‘external asset accounts’; such accounts opened in the books of the home central bank are referred to as ‘internal asset accounts’;
Asset Account has the meaning specified in Section 3.
Asset Account means the Client’s non-cash account at the CDCP, on which the Client’s domestic dematerialised investment instruments are maintained.
Asset Account means the sub-account(s) maintained by the Committee in the name of a Participant pursuant to Section 4.4.