Agency Account. An Agency Account is an account to which funds may be deposited and withdrawals made by an Agent designated by the owner of the funds. An Agent has full authority with regard to the Account but does not have an ownership interest in the account. An Agency Account is revocable at any time by notifying us in writing. An Agency designation may be combined with one of the other forms of account ownership.
Agency Account. (S) shall mean any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1. 13.3 AGENT(S) shall have the meaning set forth in the last sentence of Section 6.
Agency Account. An account to which funds may be deposited and from which payments may be made by an agent designated by a depositor. In the event there is more than one depositor named on an account, each depositor may designate the same or a different agent for the purpose of depositing to or making payments of funds from a depositor’s account.
Agency Account. In order to provide Transaction processing services, FORTE may need to establish one (1) or more service accounts on AGENCY’s behalf or require AGENCY to establish a service account with a third-party provider sub-contracting with FORTE.
Agency Account. (s) shall mean any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.
Agency Account. All monies received by Manager in the operation of the Hotel, including the Operating Funds furnished by Owner, shall be deposited in accounts (collectively, the “Agency Account”) in Manager’s name, as agent of Owner, in the bank or similar institution recommended by Manager. Such monies shall not be commingled with any other funds of Manager. Withdrawals from the Agency Account shall be made only by authorized representatives of Manager, on the condition that such representatives of Manager are bonded or otherwise insured. All payments made by Manager under this Agreement shall be made from the Agency Account.
Agency Account. An Agency Account is an Account to which funds may be deposited and withdrawn by an agent designated by the owner of the Account. If you are the agent, then you have the full authority over the Account, except that the agent may not pledge or otherwise create a security interest in the Account. In addition, you will not have an ownership interest in the Account. On death of the Account owner, ownership of the Account passes as part of the Account owner’s estate by will or by intestacy. The owner of an Agency Account may revoke the agent’s authority over the Account at any time by notifying us in writing. We will not be liable for any actions of the agent until we have received either notice of the Account owner’s death, or written notification that the Account owner has revoked the agent’s authority, and have had reasonable time to act on such notice. An Agency Account designation may be combined with one of the other forms of Account ownership, except that it may not be combined with a convenience signer Account. We reserve the right to verify that any transaction carried out by an agent with the owner(s) of the Account.
Agency Account. See Section 9.15.
Agency Account. All amounts collected by the Bank in relation to the Assigned Loans, shall be held in trust for the Central Bank, for as long as there are outstanding Secured Liabilities and forthwith deposited in a separate account. Unless the Central Bank otherwise directs the account shall be held with the Bank and designated “Bank as Agent for the Central Bank” (the “Agency Account”). Following a Initials payment in the Agency Account, the Bank shall send to the Central Bank immediately and not later than the next Business Day a statement indicating the said payment in the Agency Account. The Bank shall also send to the Central Bank a monthly statement indicating all transactions of the Agency Account. No interest shall be payable in respect of amounts deposited in the Agency Account.
Agency Account. To access the Services, Agency must have an Agency account ("Agency Account") and provide true, accurate, current, and complete information as requested during the account creation process. Agency must also keep that information true, accurate, current, and complete throughout the Term. Agency is solely responsible for all use (whether or not authorized) of the Services under the Agency Account, and for all acts and omissions of Agency staff that has access to such Agency Account, as well as for all Fees (as defined below) generated under such Agency Account in accordance with this Agreement. Agency agrees to take all reasonable precautions to prevent unauthorized access to or use of the Services and will notify Lyft promptly upon the discovery of any known or suspected unauthorized or fraudulent activity occurring under the Agency Account. Lyft will not be liable for any loss or damage arising from unauthorized or fraudulent use of the Agency Account, except to the extent caused by Lyft's gross negligence or willful misconduct.