Account Facility definition

Account Facility means any billing arrangement agreed between us and You.
Account Facility means any billing arrangement between Owner and the Customer, which subject to approval of the Application by Owner, will be administered in accordance with these Terms.
Account Facility means a post-paid account whereby we issue an invoice for payment of goods/and or services provided by the Supplier. Only customers who have completed the “Credit Application Form” and are approved by us have an account facility.

Examples of Account Facility in a sentence

  • Furthermore, Manager will promptly upon request by the City provide information on the Event Operating Account, Facility Operating Account and any other accounts maintained in connection with this Agreement.

  • Furthermore, Manager will promptly upon request by the University provide information on the Event Operating Account, Facility Operating Account and any other accounts maintained in connection with this Agreement.

  • The Agreement includes an Overdraft Account Facility providing for aggregate borrowings up to $50 million which reduce the amount available for borrowing under the Revolving Credit Facility.

  • GENERAL TERMS AND CONDITIONS | Gilrose Finance Company Limited (“creditor”) | Page 1 of 5 These Card Account Facility Terms and Conditions and General Terms and Conditions form part of your loan agreement with the creditor in relation to the Card Account Facility Agreement.

  • The Lender shall have the right to withdraw the Current Account Facility at any time during the currency of this Agreement without giving any notice to the Borrower(s).

  • You acknowledge and agree that: You have read and agree to be bound by these Terms; You require the Account Facility predominantly for the purposes of carrying on or in connection with the carrying on or establishing of a trade, business or profession; if we approve an Account Facility, we may terminate the Account Facility at any time without any prior notice; all charges payable by You will become due and owing 30 days after the date on which the charges were first invoiced.

  • Thank you for your patronage! DECLARATION AND AGREEMENT The Company in respect to this Agreement means Vision Investments Ltd, any of its managers, employees, subsidiary companies or any authorized agent of the Company, who is the Credit Provider under the Credit Card Account Facility.

  • We will issue monthly statements that will set out the transactions on your Card Account Facility for the statement period.

  • Current Account Facility (applicable if specified in the Schedule(s) of Terms): The Lender shall maintain an account in the nature of a current account in the name of the Borrower(s) showing the Facility, the Margin paid by the Borrower(s) from time to time, and the interest and the other charges chargeable to the Borrower(s) on the outstanding loan due and payable in the account.

  • We will make available to you a Card Account Facility that allows you to purchase goods from eligible retailers and for us to advance to you the purchase price of the goods.


More Definitions of Account Facility

Account Facility means any billing arrangement agreed between EZY Rental and the Renter, administered in accordance with these Terms.
Account Facility means the billing arrangement between MPM and the Customer, which subject to approval of the Application by MPM, will be administered in accordance with this Agreement;
Account Facility means a credit facility granted to the Customer by Better Rentals for payment of the Fee after acceptance by Better Rentals of the Customer’s Application For Credit.
Account Facility means the billing arrangement between Statewide Access and the Customer, which subject to approval of the Application by Statewide Access, will be administered in accordance with these Account Terms and Conditions;

Related to Account Facility

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, Performance Guarantor, Servicer, Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

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

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.