Account Analysis means the process by which Bank determines an earnings credit available to offset Service Fees based on the balances in Customer’s Accounts, as described in Section 1.2.
Account Analysis has the meaning set forth in Section 23.
Account Analysis means the record of a detailed reconciliation of your Account balances with applicable, itemized Service fees and the resulting charges or credits to your Account. The record shall be provided to you in a periodic statement. The statement will additionally display the volumes processed for each Service, and a summary of Account balances after all charges and credits are reconciled.
Examples of Account Analysis in a sentence
Account Analysis – You agree that if you deposit funds that belong to others (beneficial owners) in an analyzed account, you represent to us that (1) you are authorized by the beneficial owners to benefit from the use of any associated earnings credit, and (2) your use of the earnings credit will not violate any contract, law or regulation.
More Definitions of Account Analysis
Account Analysis means the process by which Bank determines an earnings credit available to offset Service Fees based on the balances in Customer's Accounts, as described in Section 2.2.
Account Analysis means the calculation process that is based on the balances in your Account(s) and by which we determine any earnings credit to reduce our Service Fee(s) that we otherwise would charge to your Account(s).
Account Analysis means a system of compensation by which the Treasurer and an eligible depository enter into a contract that provides for monthly invoices to the Treasurer with detailed account activities billed at the contracted rate, less any earnings, allowances or credits.
Account Analysis means an alternate bank transactional billing method which consolidates all charges into a single monthly bill. The detail for this type of billing can be found in the Service Request or in any other related document. There is a cost associated with this Service and may be amended, from time to time, at the discretion of the Bank.
Account Analysis means the process by which we determine an eamings credit available to offset Service Fees based on the balances in your Accounts. (c) “Account Disclosures” means any terms and conditions, agreements, pricing schedules or disclosures that we provide to you relating to any Account. (d) “Affiliate” means a business entity controlled by or under common control with another business entity. (e) “Agreement” means this UMB Treasury Management Services Master Agreement, all applicable Service Request Forms, all applicable Service Terms and Conditions and all applicable Supplemental Documentation. (f) “Applicable Law” means all applicable federal, state or local laws, executive orders, ordinances, rules or regulations together with all applicable rules or regulations of any clearinghouse, self- regulatory entity or other organization. (g) “Authorized Signer” means a DST representative designated (by name or title) by you or by DST pursuant to a delegation of authority by Organization Resolution and Agreement or other resolution or other authority document provided to the other party which causes the other party to reasonably conclude that such representative is authorized to act on the providing party’s behalf to authorize such party’s entry into the Master Agreement, any Service Terms and Conditions and any Service Request Form in connection with obtaining or using or providing, as applicable, any Services. Notwithstanding anything in the Entire Agreement to the contrary, in each case the specific terms of an authorization (whether an Organization Resolution and Agreement or other resolution or other authority document) controls as to each Representative’s authority. (h) “Bank” means any depository institution controlled by UMB Financial Corporation that provides a Service for you. (i) “Business Day” means any day that we are open to the public for carrying on substantially all our business functions, but does not include any day that we are open but that is not a business day for the applicable Federal Reserve Bank or other third-party processors we utilize. (j) “Business Hour” means any hour during any Business Day that we are open to the public for carrying on substantially all our business functions. (k) “Commercially Reasonable” means that given the facts of a specific transaction, a person or entity acted in a way that other similar persons or entities would have acted regarding applicable systems, technologies, practices and procedures. Whether a particula...