Advance Account. The account established and maintained pursuant to Section 5.04.

Advance Account means an account referred to in Section 2.02(c) of this Agreement;

Advance Account refers to the credit balance maintained by the Customer with the Parent.

Examples of Advance Account in a sentence

The Advance Account shall be maintained with any financial institution the Servicer elects.
If the grant/contribution has been received in advance of need then the amount is transferred to a Grant in Advance Account.
The “count” is more than an enumeration, however; it includes the collection of demographic information to provide a point-in-time snapshot of homelessness by region, state, and throughout the United States.
Payments made through the Accounts Payable function are no longer recorded as belonging to the Municipal Fund or Trust Fund as this practice related to the old fund accounting regime that was associated with Treasurers Advance Account - whereby each fund had to periodically ‘reimburse’ the Treasurers Advance Account.
Provided no Event of Default has occurred and is continuing, Borrower shall have access to all funds contained in the Advance Account.

More Definitions of Advance Account

Advance Account means the depositary account of the Borrower designated by the Borrower by written notice to the Agent and the Lender.

Advance Account means Borrower’s non-interest bearing deposit account no. 1852-717493 with Agent, which shall be titled as designated by Agent and to which Agent shall have exclusive access and control. Agent shall disburse Advances into the Advance Account from time to time for the purpose of Borrower funding Drafts furnished to a Closing Agent and wire transfers pursuant to a Wire Request, all subject to the terms and conditions of this Agreement.

Advance Account means, unless another account is specified by the Issuer in the Advance Request, the Principal Reinvestment Account.

Advance Account means the account maintained in Borrower's name on Lender's books.

Advance Account means the bank account operated by Harmoney on behalf of the Trustee into which funds are transferred by Harmoney from the Investor Account when an Order is accepted, and from which Harmoney (as agent for the Trustee) transfers funds to the relevant Borrower’s Nominated Account at Settlement; AIL means approved issuer levy payable under part 6B of the Stamp and Cheque Duties Xxx 0000;

Advance Account means account no. 1894850674 in the name of Company with Bank, into which advances of the Line of Credit are made, which advances are to be used by Company to originate or purchase Pledged Mortgage Loans in accordance with this Agreement, together with any replacement or successor account thereto.

Advance Account refers to a payment method where the balance of funds is maintained by Reseller with the Company.