ACA Account definition

ACA Account means, with respect to each Borrower, one or both of (i) such Borrower’s Reserve Account, or (ii) such Borrower’s deposit account(s) maintained with NYDIG or an Affiliate thereof, or with such other financial institution as agreed in advance by the Lender and such Borrower (each such institution, an “Account Bank”), and designated pursuant to the applicable Loan Schedule (or otherwise as agreed in writing between such Borrower and the Lender) as the “ACA Account”.
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ACA Account means one or more of the Borrower’s securities accounts and/or deposit accounts maintained with NYDIG,an Affiliate thereof, Coinbase Custody Trust Company, LLC, a New York limited purpose trust company (“Coinbase”), or with such other securities intermediary or financial institution as agreed in advance by the Collateral Agent and the Borrower and designated pursuant to an applicable Loan Schedule (or otherwise as agreed in writing between the Borrower and the Collateral Agent) as an “ACA Account”.
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Examples of ACA Account in a sentence

  • Company shall establish and maintain a Deferred Purchased Gas Cost – Actual Adjustment (ACA) Account which shall be credited with any over-recovery resulting from the operation of Company’s PGA procedure or debited for any under-recovery resulting from the same.

  • A portion of the Annual Fee may be paid to ACA for services related to the above annual maintenance of your ACA Account.

  • See Section 11(a) below for the procedures for closing your ACA Account.

  • The Annual Fee will be paid to the Plan Administrator for services related to the annual maintenance of your ACA Account within their recordkeeping system, including annual reporting, balancing loan positions within your ACA Account, and processing trades to transfer money between your ACA Account and Plan Account.

  • Your obligation to pay any unpaid balance on your ACA Account and corresponding finance charges and other charges or fees, as determined under this Agreement, shall continue if your ACA Account is cancelled.

  • Any Annual Fee will either be assessed directly to your Plan Account or it will be assessed to your ACA Account according to your Plan's Guidelines.

  • If applicable, the amount of your Plan's Annual Fee will be disclosed to you at the time you apply for your ACA Account.

  • Please contact your Plan Administrator for information about any additional fees that may be assessed to your ACA Account.

  • The terms of default under your Plan may be different than the events constituting default on your ACA Account under this Agreement and may result in negative tax consequences and premature distribution penalties.

  • If your Plan's Guidelines require the fee to be assessed to your ACA Account, the Annual Fee will be due in full by the Payment Due Date for the billing cycle in which the Annual Fee was incurred, which is the anniversary date of your ACA Account being established.

Related to ACA Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Investment Account As defined in Section 3.12(a).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Separate Accounts means the accounts which are to be prepared for each

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Holding Account means an account:

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Administration Account As defined in Section 7.02.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Direct Account : means any Account which is not an ISA Account.