Funding Accounts. The Administrative Agent shall have received a notice setting forth the deposit account(s) of the Borrowers (the “Funding Accounts”) to which the Lender is authorized by the Borrowers to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.
Funding Accounts. If you use ”CardSwap”, payments will be paid using funds from your HFS Debit or Credit Card and from any other debit or credit card you choose from your Funding Account(s) (each, a "Funding Account"). By initiating a payment through “CardSwap”, you authorize Us to charge the Funding Account linked to your Payment card(s) that you designate to pay such bill. You represent and warrant that you have the right to authorize Us to charge the Funding Account for payments you initiate using “CardSwap”. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments made using the Debit or Credit Card linked via “CardSwap”. If for any reason the Payee is unable to access funds from the specified Funding Account to make a payment transaction you initiate (for example, non-sufficient funds, restricted, expired, or closed Debit or Credit Card, exceeding maximum limits of Debit or Credit Card), the transaction may not be completed. We are not responsible for any overdraft fees, over-the-limit fees, or insufficient fund charges (including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the Debit or Credit card linked via “CardSwap”.
Funding Accounts. If you use the Payment Service, bills will be paid using funds from your HFS Debit or Credit Card and from any other debit or credit card you choose as your Funding Account(s) (each, a "Funding Account"). By initiating a bill payment through the Payment Service, you authorize Us to charge the Funding Account(s) that you designate to pay such bill. You represent and warrant that you have the right to authorize Us to charge each Funding Account for payments you initiate using the Payment Service. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments you initiate using the Payment Service. If for any reason the Payment Service is unable to access funds from a specified Funding Account to complete a bill payment transaction you initiate (for example, non-sufficient funds), the transaction may not be completed. We are not responsible for any overdraft fees, over-the-limit fees, or insufficient fund charges (including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the Payment Service.
Funding Accounts. 12.1. The Client may fund their account [hereinafter also referred to as: ‘Deposit’, wherever applicable], through one of the numerous payment methods that the Company provides.
12.1.1. A complete list of payment methods currently available can be found on the Company’s Website, on the Client’s account page, or by contacting the Company directly.
12.2. Such methods include, but are not limited to:
12.2.1. Credit / Debit Card via various credit card processors;
12.2.2. Bank Wire Transfers to one of the Company’s bank accounts;
12.2.3. Direct wallet transfer methods such as, but not limited to: EFTPay, Giropay, iDeal, etc.;
12.2.4. Alternative Payment Methods such as, but not limited to: Skrill, Neteller, etc.
12.2.5. Cryptocurrency exchanges; and
12.2.6. Third party merchant payment providers.
12.3. It is understood that the Company may keep merchant accounts under its own name and/or under third parties names with the various payment services providers it uses to settle the payment transactions of the Client.
12.3.1. For the avoidance of doubt, it is noted that such merchant accounts are not used for the safekeeping of Client money, but rather to effect settlements of payment transactions. As such, in some cases, the name of the merchant on credit card/debit card or financial statements of the third-party payment provider (as stipulated in this Article 12) may not correlate with the Company’s name or with the brand name.
12.4. The minimum amount to deposit, as set by the Company is $250 and maximum amount
12.4.1. Said amounts are not conclusive and may be altered at the Company’s sole discretion.
12.4.2. Said amounts may also differ based on parameters set by the financial and payment institutions used to execute the transaction, which the Company employs and must abide by.
12.4.3. Taking the aforementioned into consideration, the Company thereby holds no influence over the minimum and maximum amounts allowed by said institutions, and therefore cannot be held liable for any differentiations, discrepancies, or changes to the required amounts.
12.5. The Company will promptly process any Client money it receives via any reliable financial institution, or via third parties as mentioned above.
12.5.1. All Client money will be promptly added to the Client’s designated account once funds are cleared by the processing method by which it is sent.
a) Processing methods such as credit/debit cards, e-wallet, crypto- exchanges, and direct money transfers are processed ...
Funding Accounts. Servicer shall establish one or more funding accounts for making payment of the Client Companies’ obligations on behalf of the Client Companies pursuant to the performance of the Services and Stewardship Services (each, a “Funding Account”, and collectively, the “Funding Accounts”). The initial Funding Account established pursuant to this Section 6 prior to the Effective Date (the “Primary Funding Account”) was initially pre-funded with $5 million. After the Effective Date, Servicer may, in its reasonable discretion and with the consent of the SM Client Companies, cause the SM Client Companies to make an initial contribution to the Funding Accounts of $5 million. Servicer may elect to fund any Funding Account with a portion of the funds then maintained in any other Funding Account; provided, that at no time shall the aggregate closing balance of all of the Funding Accounts, exclusive of additional funding amounts maintained in the Funding Accounts pursuant to the next succeeding sentence, exceed $10 million. From time to time, if Servicer determines in its reasonable discretion that additional funding for any Funding Account is needed to continue to make payments of the Client Companies’ obligations on behalf of the Client Companies pursuant to the performance of the Services and Stewardship Services, Servicer shall provide the Client Companies with written notice of the same setting forth such additional funding amount, and promptly after receipt of such notice each Client Company shall pay its Allocated Share of such additional funding amount to Servicer; provided, that Servicer shall not request any such additional funding by the Client Companies in an aggregate amount exceeding the aggregate amount of Charges and reimbursements of Stewardship Costs to be made by the Client Companies during the period of two (2) Business Days following such additional funding. Notwithstanding the foregoing, at no time shall the daily aggregate closing balance of all of the Funding Accounts exceed $25 million. Servicer shall be permitted to invest the funds in the Funding Accounts in Permitted Investments. Servicer shall have no liability to any Client Company for any losses associated with any Permitted Investment made by Servicer. Any proceeds from any Permitted Investment made with funds from the any Funding Account shall be quantified on a monthly basis and applied as a credit to each Client Company in the next day’s settlements pursuant to Section 5(a), each such cr...
Funding Accounts. If you use CardSwap®, payments will be paid using funds from your designated Payment Card. By initiating a payment through CardSwap®, you authorize us to charge the Funding Account that is linked to the Payment Card you designate to pay such bill. You represent and warrant that you have the right to authorize us to charge the Funding Account for payments you initiate using CardSwap®. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments made using the debit or credit card linked via CardSwap®. If for any reason the Payee is unable to access funds from the specified Funding Account to make a payment transaction you initiate (for example, non-sufficient funds, restricted, expired, or closed debit or credit card, exceeding maximum limits of debit or credit card), the transaction may not be completed. We are not responsible for any overdraft fees, over-the-limit fees, or nonsufficient funds fee (including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the debit or credit card linked via CardSwap®.
Funding Accounts. The Administrative Agent shall have received a notice setting forth the deposit account of the US Borrowers (the “US Funding Account”) and the deposit account of the Canadian Borrowers (the “Canadian Funding Account”) to which the Administrative Agent is authorized by the US Borrowers and the Canadian Borrowers to transfer the proceeds of any Borrowings by the US Borrowers or the Canadian Borrowers requested or authorized pursuant to this Agreement.
Funding Accounts. (a) No later than the Closing Date, the Indenture Trustee shall establish and maintain on behalf of the Enhancer and the Holders of the related Notes one or more segregated trust accounts, which shall be Eligible Accounts, titled "Group I Funding Account, [_____], as Indenture Trustee for Wachovia Asset Securitization Issuance, LLC [_____] Trust" and "Group II Funding Account, [_____], as Indenture Trustee for Wachovia Asset Securitization Issuance, LLC [_____] Trust". Amounts received with respect to the Mortgage Loans in Loan Group I that are to be deposited into a Funding Account shall be deposited in the Group I Funding Account and amounts received with respect to the Mortgage Loans in Loan Group II that are to be deposited into a Funding Account shall be deposited in the Group II Funding Account. In accordance with Section 3.04(b), on the Business Day prior to each Payment Date during the related Revolving Period, the Servicer shall withdraw from the Custodial Account and deposit into the applicable Funding Account (i) the aggregate amount of Principal Collections for the related Loan Group remaining after the purchase of all Additional Balances and (ii) on or after the Payment Date occurring in [_____], Excess Spread for the related Loan Group, in each case to the extent available and subject to the provisions of Section 3.05(a) of the Indenture.
(b) On each Subsequent Transfer Date, the Servicer shall instruct the Indenture Trustee in writing to withdraw from the applicable Funding Account an amount equal to the aggregate Principal Balance as of the related Subsequent Cut-Off Date of the Subsequent Mortgage Loans to be sold to the Trust on such Subsequent Transfer Date and allocate such withdrawal to amounts on deposit in the applicable Funding Account, and to pay such amount to or upon the order of the Seller upon satisfaction of the conditions set forth in this Agreement, in the Purchase Agreement and in the related Subsequent Transfer Agreement with respect thereto.
(c) The Servicer may cause the institution maintaining the Funding Accounts to invest any funds therein in Permitted Investments having a maturity of up to 90 days or maturing or otherwise available not later than the Business Day preceding the related Payment Date on which funds are scheduled to be withdrawn to purchase Subsequent Mortgage Loans or Additional Balances, provided that no such investment may be sold or disposed of prior to maturity. If no instructions are received as to...
Funding Accounts. The Administrative Agent shall have received a notice setting forth the deposit account of the Borrowers and the Canadian deposit account of the Canadian Borrower (domiciled in Canada) (the “Funding Account”) to which the Administrative Agent, Canadian Funding Bank or any Lender is authorized by the Borrowers and the Canadian Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement. Any reference to the Funding Accounts in this Agreement, in respect of Canadian Borrowings, shall mean the Canadian Borrower’s deposit account domiciled in Canada.
Funding Accounts. Accounts may be funded via check, wire, ACH, Automated Customer Account Transfer Service (ACATS) request from a current custodian or other method accepted by TDAI. You understand that you may make deposits into or withdrawals from the Program Account at any time, and acknowledge that such deposits or withdrawals may trigger buy, sell or rebalancing transactions in the Program Account. You understand that withdrawals from the Program Account may result in adverse tax consequences and may prevent you from meeting your investment objectives. ACATS will be processed subject to approval by TDAI.
