Account Provisions. 2.1 True and Accurate Information We may rely on the information you provide in your Account Application in determining whether to do business with you. By submitting your Account Application, you warrant that all information contained therein is true and accurate, and you agree to notify us promptly of any changes to such information provided. We may also use any of the information you provide in your Account Application to fulfill our reporting requirements under applicable law.
2.2 Product availability Your ability to use our products and services is subject to our prior approval and may be subject to certain conditions, in our sole discretion. Not all products and services may be available in all areas, or to all customers.
2.3 Account Approvals We have no obligations under the Account Agreement until a complete Account Application has been received by us and we have opened your Account. We may reject your Account Application or close your Account for any reason at our sole and absolute discretion, subject to applicable law. At any point, we may request additional information or documentation in order to continue carrying your Account. You acknowledge that at any time, at our sole and absolute discretion, we may restrict any remittances, disbursements, or transfers required or permitted hereunder with or without prior notice to you. An Account opened for personal use cannot be used for business purposes, and an Account opened for business use cannot be used for personal purposes. If we determine, in our sole discretion, that your Account is being used for unauthorized purposes, we may close the Account.
2.4 Customer Due Diligence Canadian law requires that all money services businesses such as Moneycorp obtain, verify, and record information that identifies each person or entity that opens an Account. In order to process your Account Application, we will ask for your name, address, date of birth, Canada Revenue Agency issued business number or social insurance number, and other information that will allow us to identify you and verify your credit history and relevant business activity. We may also ask to see a copy of your driver’s license, passport or other identifying documents. You hereby authorize us to conduct such investigation and/or verification and to contact such banks, financial institutions, credit agencies, trade references, and government representatives as we deem appropriate to gather and verify such information, regardless of whether o...
Account Provisions. (a) Each of the Indenture Trustee and the Servicer hereby confirms and agrees that each of the Accounts will be held as a trust account as to which the Indenture Trustee shall be (i) the "entitlement holder" (within the meaning of Section 8-102(a)(7) of the UCC to the extent the Accounts are "securities-accounts" (within the meaning of Section 8-501(a) of the UCC or (ii) the "customer" (within the meaning of Section 4-104(1) of the UCC) to the extent the Accounts are "deposit accounts" (within the meaning of Section 9-102(a)(8) of the UCC). Any investments held in any Account will be registered in the name of "JPMorgan Chase Bank, as Indenture Trustee in trust for the ABFS Mortgage Loan Warehouse Trust 2000-2 Noteholders."
(b) The Trust, the Servicer and the Indenture Trustee represent and warrant that they have not entered into, and covenant that they shall not enter into, any agreement with respect to the Accounts or any item of property credited to or carried in the Accounts other than this Agreement.
(c) The Trust represents and agrees that it has not suffered or permitted, and covenants that it shall not suffer or permit, any of its creditors (other than the Note Purchaser) to obtain control over any Account or any property credited thereto or carried therein.
(d) Except for the claims and interests of the Note Purchaser and of the Trust in the Accounts (and, to the extent permitted under Section 8.06(a) or 8.06(c), the claims of the Indenture Trustee and the Collateral Agent), each of the Indenture Trustee and the Servicer represents and warrants that it does not know of any claim to, or interest in, the Accounts credited thereto or required to be credited thereto.
(e) The Trust, the Servicer and the Note Purchaser each intend and agree that the Indenture Trustee, in its capacity as collateral agent and secured party for the benefit and on behalf of the Note Purchaser, has obtained "control" (within the meaning of Section 8-106(d) of the UCC) of all security entitlements relating to the Accounts and to the financial assets credited thereto or carried therein to the extent the Accounts are securities accounts.
(f) The Servicer shall cause (and, to the extent necessary, the Indenture Trustee shall cooperate with the Servicer in causing) all items of income, gain, expense and loss recognized in the Accounts to be reported by the Indenture Trustee to the U.S. Internal Revenue Service, and to all state and local taxing authorities, under the name and taxp...
Account Provisions. Borrower shall maintain its general checking and a controlled disbursement account with Bank. Normal charges shall be assessed thereon. Although no compensating balance is required, Borrower must keep monthly balances in order to merit earnings credits which will cover Bank's service charges for demand deposit account activities. CONDITIONS PRECEDENT
Account Provisions. 78 Section 8.08 Reserved.......................................................80 Section 8.09 Modification of Underwriting Guidelines........................80 Section 8.10 Valuation of Mortgage Loans and Excess Interest Securities Value.................................80 Section 8.11 Collection of Money............................................80 Section 8.12 Application of Principal and Interest..........................80 ARTICLE IX
Account Provisions. Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.
Account Provisions. SEPARATE ACCOUNT. The separate account is shown on the schedule page. It is a unit investment trust registered with the Securities and Exchange Commission under the Investment Company Act of 1940. It is established under the laws of Ohio. The assets in the separate account are kept separate from our general assets and assets of other separate accounts.
Account Provisions. The Card and its use shall be governed by this Agreement, and any associated account agreement(s), any terms stated on the Card and your Membership and Account Agreement, as presently in effect and as the same may be amended in the future by the use. All such documents are made part of this Agreement as if they were copied in the Agreement word for word and shall be construed to be consistent whenever possible. In the event of any conflict, this Agreement and the disclosures given in connection with the issuance or use of the Card shall control.
Account Provisions. These provisions supplement the signature card that is completed at the time an account is opened. The Bank’s Corporate Office is located in San Jose, California and therefore the relationship between us is governed by the laws of California, applicable federal laws and regulations, the account signature card(s), the policies of the Bank and the rules set out in this Agreement. You agree that if there is any inconsistency between the terms of this Agreement and any applicable law, regulation or rule, this terms of this Agreement will prevail to the extent any such law, regulation or rule may be modified by agreement. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account . What this means to you: When you open an account, we will ask for your name, address, date of birth, tax identification number (TIN) and other information that will allow us to identify you . We may also ask to see a driver’s license or other identifying documents for account owners (and possibly authorized signers) . We may further ask you for specific information regarding the nature of anticipated activity, the sources of your funds, the purposes of transactions, the relationship you have with persons to whom you send funds and persons who send funds to you, the anticipated frequency of such transactions, the ultimate beneficiaries of funds you send and receive, and other questions that may help us clarify the nature and purpose of transactions . We may close accounts if we are unable to understand the purpose of the account, the structure of the organization, the authority of the signers, the documentation provided or the general risk associated with the establishment of the account . We may elect not to disclose the specific reason for our action . Owners for fiduciaries, partnerships, corporations, and fictitious business names or other business names may also be asked at account opening and from time to time to provide us with valid documentation of trust agreements (or certification of trust), court orders, partnership agreements, certificates of limited partnership, articles of incorporation, and filed fictitious business name statements, in addition to any other documents deemed necessary by us . The individuals authorized to sign checks and/or give instructions to the Bank are so authorized by signing the Ban...
Account Provisions
