Commercial Account Sample Clauses

Commercial Account an account identified by the Supplier via rate structures or other means, as generally being utilized by a commercial business;
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Commercial Account. The term “COMMERCIAL ACCOUNT” means the commercial checking account to be established and maintained by any or all of the BORROWERS with the LENDER and which may be utilized as the means of advancing funds under the LOAN.
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Commercial Account. Any account not included in the definition of Residential Account.
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Commercial Account. Any account used primarily for business purposes.
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Commercial Account. Borrower shall establish and maintain a ------------------ single designated commercial account (separate and distinct from any Blocked Account or Dominion Account) for the purpose of receiving the proceeds of the Revolver Advances requested by Borrower and made by Lender. Borrower may change such single designated commercial account upon delivery of written notice to Lender. Unless otherwise agreed by Lender and Borrower, any Revolver Advance requested by Borrower and made by Lender hereunder shall be made to such designated deposit account.
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Commercial Account. The term ACOMMERCIAL ACCOUNT@ means the commercial checking account to be established and maintained by either or both of the BORROWERS with the LENDER and which may be utilized as the means of advancing funds under the LOAN.
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Commercial Account. You and we hereby agree that all License Fees and Additional Charges due under this Agreement concern a commercial account and are not a retail installment transaction in any respect.
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Related to Commercial Account

  • Special Account 1. For the purposes of this Schedule:

  • Clearing Account If the Servicer finds it necessary to use a clearing account, the following guidelines must be followed:

  • Financial Accounts Exhibit E, as may be updated by the Borrower in a written notice provided to Agent after the Closing Date, is a true, correct and complete list of (a) all banks and other financial institutions at which Borrower or any Subsidiary maintains Deposit Accounts and (b) all institutions at which Borrower or any Subsidiary maintains an account holding Investment Property, and such exhibit correctly identifies the name, address and telephone number of each bank or other institution, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein.

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