Collection Bank definition

Collection Bank means, at any time, any of the banks holding one or more Collection Accounts.

Collection Bank means, at any time, any of the banks or other financial institutions holding one or more Collection Accounts.

Collection Bank means any bank at which a Collection Account is maintained.

Examples of Collection Bank in a sentence

• The Escrow Collection Bank shall strictly follow the instructions of the BRLMs and the Registrar to the Offer in this regard.

• The Parties hereto agree that time shall be of the essence in respect of the performance by each of the Company, the Selling Shareholders, the members of the Syndicate, the Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank, the Sponsor Banks and the Registrar of their respective duties, obligations and responsibilities under or pursuant to this Agreement.

• The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA Bidder from any Designated Intermediary in its capacity as the Escrow Collection Bank, except in its capacity as a SCSB.

• The Escrow Collection Bank, Public Offer Account Bank, the Refund Bank, the Sponsor Banks and the Registrar to the Offer undertake that their respective branch(es) or any Affiliate to whom they disclose information pursuant to this Agreement, shall abide by the confidentiality obligations imposed by this Section 12.

• Any such resignation from the respective Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank or the Sponsor Banks shall not terminate this Agreement vis-à-vis Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank or the Sponsor Bank, who have not resigned, as applicable.

More Definitions of Collection Bank

Collection Bank means any of Barclays, acting through its branch at Percy Street, Newcastle upon Tyne NE99 1JP and Lloyds TSB acting through its branch at City Office, Bailey Drive, Gillingham Business Park, Kent ME8 0LS and/or such other banks as may be appointed from time to time under and in accordance with the Transaction Documents;

Collection Bank means, at any time, any bank at which a Collection Account or Lock-Box is maintained.

Collection Bank has the meaning provided in the Receivables Sale Agreement.

Collection Bank as defined in subsection 4.16(c).

Collection Bank means any of Barclays, acting through its branch at Percy Street, Newcastle upon Tyne NE99 1JP and Lloyds TSB acting xxxxxxx xxx xxxxxx xx Xxxx Xxxxxx, Xxxxxx Drive, Gillingham Business Park, Kent ME8 0LS and/or such xxxxx xxxxx xx xxx xx xxxxxxxxx xxxx xxxx xx xxxx xxder and in accordance with the Transaction Documents;

Collection Bank means, at any time, any of the banks holding one or more Blocked Accounts.

Collection Bank shall have the meaning provided in Section 5.03(b).