Business Account an Account used primarily for business purposes, which may be subject to different Applicable Laws.
Business Account. Where a business entity (such as a corporation, limited liability company, partnership, or sole proprietorship) is designated or appears on a signature card as the owner of an account, then the account is payable only to or on the order of the business, and not to any individual director, shareholder, member, or partner of the business, except as they may be a payee on a check or other item drawn on the account, even if doing so causes an overdraft or increases an overdraft on the account. By signing a signature card, you represent that the business has taken all action necessary to open and maintain banking accounts at the Bank and that all resolutions or other documentation delivered to us in connection with the account are true, accurate, complete, and will be kept up to date and may be conclusively relied upon by us. You will notify us in advance of any change in your form of ownership or persons authorized to act on behalf of the business in writing authenticated to the Bank’s satisfaction. Each designated signer on the account is authorized to act for and on behalf of the business in any matter involving any account of the business, including the authority to instruct us to close the account and the authority to sign and implement the terms of all agreements concerning the business. If your account is identified as one that we offered to individuals or unincorporated non-business associations, it will not be used for a business purpose.
Business Account. You agree that the SMBA, any substitute Account, and the Shopify Services Account are each business accounts used solely for business purposes only and that the Account(s) named above are not and will not be used for personal, family, consumer, or household purposes.
Business Account. (a) The Business Account has been opened by the Allocation Platform with the Account Bank. The Business Account shall be managed, controlled and operated exclusively by the Allocation Platform.
(b) The Business Account is a special dedicated account to which the Registered Participant shall pay all the amounts required under the Allocation Rules and/or Additional Rules and all the payments for the allocated Transmission Rights acquired or to be acquired by the Registered Participant in accordance with the Allocation Rules and/or the Additional Rules. The Registered Participant shall pay all the amounts and payments to the Business Account from an account in its name with a credit institution based in the European Union, United Kingdom, European Economic Area or a country in which the Allocation Platform performs cross border auction services. The Registered Participant is obliged to select a credit institution which is subject to customer due diligence standards that are not less than those laid down in Directive (EU) 2015/849 and which complies with them accordingly.
(c) For the avoidance of doubt, the Allocation Platform will pay to the bank account of the Registered Participant notified to the Allocation Platform in the Attachment 1 of the Participation Agreement, all remunerations and compensations to be paid by the Allocation Platform to the Registered Participant in accordance with the Allocation Rules and/or the Additional Rules. A single executed payment (and also underlying invoice/self-bill) will include all transactions irrespectively to which Allocation Rules or Additional Rules are ascribed.
(d) For the avoidance of doubt, the other sub-accounts of the account n° IBAN XX00 0000 0000 0000 0000 are dedicated to other Registered Participants and such sub-accounts are not subject to the provisions of this Agreement.
Business Account. A business account is an account that is established by a sole proprietorship, a corporation, a limited liability company, an association, a club, or similar non-natural person entity. You represent, warrant and guaranty that all accounts and/or other services, including any particular transaction shall be for commercial use, and no service or transaction shall otherwise be used for any consumer, household or family purpose whatsoever.
Business Account. An individual business account is owned by an individual account owner, as a sole proprietor qualified for Credit Union membership. Individual account owners (sole proprietors) may designate one or more authorized signers on the business account.
Business Account. Business accounts are those established by any partnership, corporation, limited liability company, association or other entity operated on a for-profit basis; all corporations and associations operated on a not-for-profit basis; all governmental units; and any individual who intends to use the account for carrying on a trade or business. A business account is not considered a “consumer” account. The business entity and each person who signs the signature card, any resolution or any other separate written authorization concerning a business account, represents to and agrees with us that (a) the business entity has taken all actions necessary to open and maintain the account, (b) all resolutions or other authorizations given to us by or on behalf of the business entity are true, accurate and complete in all respects, (c) all assumed or fictitious names used by the business entity have been duly registered or filed with the applicable governmental authorities, and (d) each person whose name is written or printed on the signature card or any resolution or any other separate written authorization concerning the account has complete authority to bind the business entity in all transactions involving the account unless otherwise specified. The business entity agrees to notify us promptly in writing of any change in its form of organization or ownership or in the authority of any person with respect to the account or any transactions relating to it. We also reserve the right to require the business entity to give us a separate written authorization telling us who is authorized to act on its behalf. We are authorized to follow the directions of a person designated as having authority to act on behalf of the business entity until we receive written notice that the authority has been terminated; provided that any change in authorized signatures is not effective until two business days after we receive notice of such change, not counting the actual day we receive the notice, although we may recognize such notice earlier. However, if the business entity imposes restrictions on the authorized signatories or if the entity instructs us that more than one signature is required, these designations are for the business's internal purposes only, and you authorize us to debit the business's account even though an item presented contains less than the required number of signatures. In consideration of our acceptance of this account under a trade name, for the purpose of cashin...
Business Account i) Xxxx filled up and signed Autosweep RFID Subscription Agreement by the company’s President or his Authorized Representative.
ii) Photocopy of the OR & CR of the vehicle/s to be enrolled.
iii) If the vehicle is not registered under the company, proof of vehicle ownership is required such as deed of sale or authorization letter from the registered owner authorizing the company to register the vehicle and create an Autosweep RFID account under the company’s name.
iv) Business Permit / DTI /SEC Registration
v) Secretary’s Certificate or Letter of Authority of the Authorized Representative.
vi) Photocopy of one (1) valid ID of the Company President bearing the photo and signature of the Subscriber (driver’s license, SSS, TIN, and Passport) and his Authorized Representative. For newly purchased vehicle, a photocopy of the vehicle’s sales invoice issued by the car dealer can be submitted during enrollment. The copy of the OR & CR MUST be submitted to Tollways Representative within fifteen (15) days after the registration date.
Business Account. Business Accounts must be applied for and explicitly authorised by us once they are available. By opening a Business Account and accepting the terms as outlined in this Agreement, including, but not limited to, the Rules and Restrictions for Business Accounts set forth below you confirm that neither you nor your business is establishing a Business Account primarily for personal, family, or household purposes. We may reverse or place a hold on your transactions or place a reserve on your funds if you are in breach of this Agreement, including, but not limited to, if you are using a Personal Account for business purposes or vice versa.
Business Account. Client cannot use myPOS Service for personal use and Client cannot be a consumer under this Agreement. myPOS account (including account for e-money and the Reserve account) is not a consumer or personal account. myPOS account is always a business account, used for business or professional purposes, which are different from the consumer purposes. Unless otherwise agreed with the Client, one Client may hold not more than one myPOS account at a time. Client may have sub-accounts in the same currency or different currencies, supported by us. By opening a myPOS account and accepting the terms as outlined in this Agreement, the Client attests that Client is not opening and/or using the account primarily for personal, family, or household purposes.
