Existing Account definition

Existing Account means, with respect to:

Existing Account means the Borrowers’ existing bank accounts (other than the Accounts) opened with other banks (other than the Account Bank) before the date of this Agreement, as more particularly set out in Schedule 8 (List of Existing Accounts).

Existing Account means each individual wholesale financing account originated by DCS with a Dealer pursuant to a Floorplan Financing Agreement which is identified in the computer file or microfiche or written list delivered to the Trust and the Trustee on the Effective Date by the Seller pursuant to Section 2.01.

Examples of Existing Account in a sentence

• If an Event of Default exists, any direct payments to an Existing Account shall be transferred to a Dominion Account within one Business Day of receipt thereof.

• At all times, WEST shall promptly notify the Servicer of any New Account established by or on behalf of any Person within the Serviced Group or otherwise relating to the Assets and of any Existing Account relating to any aircraft or Aircraft Engine that becomes an Asset after the date of this Agreement and of the closing of any such account in any case not established or closed by the Servicer.

• Any non-employee member of the Board may elect to have amounts previously deferred under the Prior Plan transferred to this Plan by filing with the Committee a Transfer of Existing Account Credits, or other form supplied by and/or acceptable to the Committee.

• The Company represents and warrants to each Buyer that Schedule 4(v) hereto sets forth a full and complete list of every bank and other financial institution at which the Company presently has an account (each, an "Existing Account").

• Upon payment in full of the Termination Payment Amount and the Administration Fee, the Seller Representative or the applicable Seller shall be permitted to withdraw any and all Collections remaining in the Collection Accounts on such Termination Settlement Date (other than any Collections that are transferred from an Existing Account to the Collection Accounts on such Termination Settlement Date).

More Definitions of Existing Account

Existing Account means the account in any of the Clearing Systems through which a Noteholder holds Existing Notes;

Existing Account means a revolving credit card account established by CTB, or established by CTS and assigned to CTB, pursuant to a Credit Card Agreement under which CTB extends credit to the Obligor as principal and the Obligor under which, on the Additional Cut-Off Date or Substitution Date, with respect thereto, has a period of credit history with CTB (or with its assignor, CTS), in relation to any revolving credit card accounts, greater than or equal to 12 months in length;

Existing Account has the meaning specified in Section 8(p)(iii)

Existing Account means an account identified on the Existing Account Schedule.

Existing Account means an Account listed on the Account Schedule delivered by Chase USA to Purchaser on or prior to the Initial Purchase Date.

Existing Account in relation to an Offer shall mean an Account the Account Creation Date in relation to which falls on or before the relevant Offer Date;

Existing Account means an active account for the Product held by a Beta User.