Primary Account Designation Sample Clauses

Primary Account Designation. You may use the RDC to facilitate a deposit to any deposit account you have with us (other than those with deposit restrictions, such as certificates of deposit). The Account to which you designate a deposit shall be referred to as the “RDC Account” for the purpose of this Service Description and the deposit transaction. You authorize us to debit the RDC Account (or any other account maintained by you at the Bank) for any fees or other amounts due us in connection with the Remote Deposit Capture Services. If the RDC Account is closed for any reason, your Remote Deposit Capture Services will be stopped along with any unprocessed Remote Deposit Capture Services transfers. To reinstate your Remote Deposit Capture Services, you must designate a new RDC Account.
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Primary Account Designation. Company agrees to designate one of its Accounts as the Primary Account. Company authorizes Bank to debit the Primary Account or any other account maintained by Company at Bank, in the event insufficient funds are available in the Primary Account, for any fees or other amounts due to Bank in connection with the Services. If the Primary Account is closed for any reason, Bank will charge one of Company’s other Accounts for any fees or other amounts due to Bank in connection with the Services. If Company closes its Primary Account and has no other Accounts, Company's Services will be stopped along with any unprocessed Services transfers. To reinstate its Services, Company must open a new Primary Account.
Sample 1
Primary Account Designation. Customer may use Lockbox to facilitate the processing of payments and deposits to any deposit Account Customer maintains with Bank (other than those with deposit restrictions, such as certificate of deposits). The Account to which Customer designates as the deposit account shall be referred to as the Lockbox Account for the purpose of this Lockbox Agreement. Customer authorizes Bank to debit the Lockbox Account (or any other Account maintained by Customer at Bank) for any fees or other amounts due Bank in connection with Lockbox. If the Lockbox Account is closed for any reason, Customer’s Lockbox will be stopped along with any unprocessed Lockbox deposits. To reinstate Lockbox, Customer must designate a new Lockbox Account.
Sample 1

Related to Primary Account Designation

  • Written Designation The Owner shall designate, in writing, a representative authorized to act on the Owner's behalf with respect to the Project. The Owner hereby designates the party identified in the Contract as its initial authorized representative and reserves the right to designate additional or replacement representatives by written notice to the Contractor.

  • Designation of Key Personnel The Contractor’s Contract Manager for this engagement shall be Xxxxxxx Xxxxxxxx, Phone: 000-000-0000, Email Address: xxxxxxxxx@xxxxxxxx.xxx. The City’s Contract Manager for the engagement shall be Xxxxxx Xxxxxxxx, Phone: (000) 000-0000, Email Address: Xxxxxx.xxxxxxxx@xxxxxxxxxxx.xxx. The City and the Contractor resolve to keep the same key personnel assigned to this engagement throughout its term. In the event that it becomes necessary for the Contractor to replace any key personnel, the replacement will be an individual having equivalent experience and competence in executing projects such as the one described herein. Additionally, the Contractor will promptly notify the City Contract Manager and obtain approval for the replacement. Such approval shall not be unreasonably withheld.

  • Designation of Beneficiary The depositor may designate a beneficiary or beneficiaries to receive benefits from the custodial account in the event of the depositor’s death. In the event the depositor has not designated a beneficiary, or if all beneficiaries shall predecease the depositor, the following persons shall take in the order named:

  • Designation of Representatives 9.2.1 TxDOT and DB Contractor shall each designate Authorized Representative(s) who shall be authorized to make decisions and bind the Parties on matters relating to the Contract Documents. Exhibit 19 hereto provides the initial Authorized Representative designations. Such designations may be changed by a subsequent writing delivered to the other Party in accordance with Section 9.1.

  • Designation The Executive shall designate a Beneficiary by completing and signing the Beneficiary Designation Form and delivering it to the Plan Administrator or its designated agent. If the Executive names someone other than the Executive’s spouse as a Beneficiary, the Plan Administrator may, in its sole discretion, determine that spousal consent is required to be provided in a form designated by the Plan Administrator, executed by the Executive’s spouse and returned to the Plan Administrator. The Executive’s beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved. The Executive shall have the right to change a Beneficiary by completing, signing and otherwise complying with the terms of the Beneficiary Designation Form and the Plan Administrator’s rules and procedures. Upon the acceptance by the Plan Administrator of a new Beneficiary Designation Form, all Beneficiary designations previously filed shall be cancelled. The Plan Administrator shall be entitled to rely on the last Beneficiary Designation Form filed by the Executive and accepted by the Plan Administrator prior to the Executive’s death.

  • Deemed Resignation Upon termination of Executive’s employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

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