Common use of THE RDC ACCOUNT Clause in Contracts

THE RDC ACCOUNT. Customer must designate and maintain at least one commercial DDA as the RDC Account to utilize the RDC Service. Customer may designate more than one commercial DDA as an RDC Account for the RDC Service; provided, however, that Customer must notify Bank to add or delete RDC Accounts. Customer understands and agrees that deposits made via the RDC Service may only be made to a designated RDC Account.

Appears in 4 contracts

Samples: Master Agreement, Management Services, Master Agreement for Cash Management Services

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