Advance Account. With respect to the Advance Account, the Issuer shall cause the Servicer to make such withdrawals specified in Section 2.06 of the Sale and Servicing Agreement.
Advance Account. (a) The Servicer shall cause to be established and maintained in its name, an Advance Account (the "Advance Account"), which need not be a segregated account. The Advance Account shall be maintained with any financial institution the Servicer elects.
Advance Account. On or before the date on which the initial Loan advance is made, Agent shall open an account at Agent’s Head Office in the name of Borrower to facilitate the funding of the Loans (the “Advance Account”). The sole signatory on the Advance Account shall be Borrower. The Advance Account shall be a non-interest bearing account.
Advance Account. (a) The Servicer shall cause to be established and maintained in its name, an Advance Account (the “Advance Account”), with respect to which a Blocked Account Agreement acceptable to the Purchaser shall be duly executed. The Advance Account shall be a separate Eligible Account. The Advance Account shall be maintained with a financial institution acceptable to the Purchaser and shall be maintained for and on behalf of the Purchaser, entitled “Option One Mortgage Corporation on behalf of UBS Real Estate Securities Inc., for the benefit of the Issuer, Re: Custodial Agreement dated as of July 2, 2002.” Amounts in the Advance Account may not be invested.
Advance Account. (a) The Servicer shall cause to be established and maintained in its name, an Advance Account (the "ADVANCE ACCOUNT"), which need not be a segregated account. The Advance Account shall be maintained with any financial institution the Servicer elects.
Advance Account. For Resellers required to maintain an Advance Account. Payment to the Advance Account may be via credit card.
Advance Account. (a) The Servicer, for the benefit of the Noteholders, shall cause to be established and maintained an Advance Account (the "Advance Account"), which shall be a separate Eligible Account entitled "Option One Owner Trust 2001-2 Advance Account, Xxxxx Fargo Bank Minnesota, National Association, as Indenture Trustee, for the benefit of the Option One Owner Trust 2001-2
Advance Account. If you maintain a credit balance, we will deduct from the credit balance when you purchase products or services from us. If the credit balance is insufficient for processing the order the order may not be processed. Any negative balance in the Advance Account will become immediately payable. If you do not correct a negative balance in your account within 24 hours, we reserve the right to terminate the Services with immediate effect and without any notice.
Advance Account. The Advance Funds will be segregated on Anacor’s books and records in a separate account (the “Advance Account”).
Advance Account. MERCK shall record in an account (the “Advance Account”) on its books and records the amount of each Advance, the interest rate applicable, all payments or other credits of principal and interest thereon and the principal balance thereof from time to time outstanding. MERCK shall furnish ARIAD with a statement of the Advance Account (the “Statement”), showing all entries therein within thirty (30) days after the end of each calendar quarter. If ARIAD disagrees with MERCK’s Statement, it will notify MERCK in writing and, if ARIAD and MERCK do not resolve the matter within sixty (60) days of ARIAD’s notice, the Parties will resolve the matter in accordance with Section 12.1 of the Collaboration Agreement. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of ARIAD hereunder to pay any amount owing with respect to the Advances, which obligation shall be based on actual Advances, interest charges and payments, and not on the Advance Account, or provide the basis for any claim against MERCK. Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
