Agency Account definition

Agency Account has the meaning assigned to such term in Section 5.08(c)(v).
Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.
Agency Account means an account of an Obligor maintained by it with a Clearing Bank pursuant to an Agency Account Agreement.

Examples of Agency Account in a sentence

  • Following transfer of the Purchase Price into the Agency Account, but no later than 6:00 p.m. (New York City time) on the Purchase Date, Seller shall provide written confirmation via e-mail to Buyer that Seller has completed the purchase and sale of the Mortgage Loans.

  • Seller shall cause Guarantor (as its Nominee) to submit all claims to HUD, ▇▇▇▇▇▇ or USDA under the applicable numbers set forth above or the lender agreement, as applicable, and to remit all amounts received in connection therewith to the applicable Agency Account.

  • Seller shall instruct JPMorgan Chase Bank, National Association to remit all amounts on deposit in any Agency Account to the Collection Account within two (2) Business Days of receipt, unless a Repurchase/Release Event has occurred with respect to the related Underlying Asset, as more particularly set forth in Section 32 hereof and thereafter in accordance with Section 6 hereof.

  • Seller Parties hereby instruct Nominee to remit all applicable amounts on deposit in the Agency Account to the Collection Account within two (2) Business Days of receipt.


More Definitions of Agency Account

Agency Account means an account of the Borrower maintained by it with a Clearing Bank pursuant to an Agency Account Agreement.
Agency Account means an account to which funds may be deposited and from which payments may be made by an agent designated by a depositor. In the event there is more than one depositor named on an account, each depositor may designate the same or a different agent for the purpose of depositing to or making payments of funds from a depositor's account.
Agency Account means an account of a Borrower maintained by it with a Clearing Bank pursuant to an Agency Account Agreement.
Agency Account means an account to which funds may be
Agency Account means the Travel Agency’s customer account with Hertz.
Agency Account means, collectively, one or more accounts bearing the name of the Hotel where all funds received by Operator in the operation of the Hotel are deposited.
Agency Account. The Agency Account to be maintained for each Facility for payment of Fixed Operating Expenses and Operating Expenses as described in Section 8.1 of the Management Agreement.