Asset Account definition

Asset Account means the deposit account or accounts of the applicable Borrower or its wholly owned Subsidiary, in the name of such Borrower or such Subsidiary, held at the applicable Account Bank, into which all Asset proceeds are to be funded, as such accounts are listed on Schedule I. “Asset Accounts” means all such accounts, collectively.

Asset Account means a notional account opened pursuant to sub- paragraph (2) of paragraph 5 of the Scheme for the purpose of ascertaining the surplus or shortfall after adjustment from time to time of liabilities of the transferor bank as provided in the Scheme;

Asset Account means the account recording the outstanding amounts of Transferred Receivables.

Examples of Asset Account in a sentence

• The Company will establish processes to implement the Thorough Search requirements of paragraph 2.(i),(ii) and (iii) of this Agreement, including processes to obtain acknowledgement by Retained Asset Accountholders of their ownership of a Retained Asset Account with respect to which no non-automatic financial or administrative transaction has occurred, by no later than December 31,2014.

• The capital cost to construct the Plant shall not be treated as a Capital Project of the Polk County System and shall not accumulate in the Capital Asset Account; but such amounts shall be treated solely as a capital cost of the ICWD System.

• If withdrawing from a Digital Asset Account, we will withdraw sufficient Digital Assets as calculated using the Symbridge trailing 24-hour U.S. dollar denominated volume weighted average price as of 4pm ET (the “Prevailing Market Price”).

• All amounts accumulated in the Capital Asset Account shall be amortized through straight line depreciation over the useful life for engineering purposes of the asset for which the capital was invested.

• A Customer initiates an order to buy or sell Supported Digital Assets through the Digital Asset Account dashboard in the Invstr App or on the Invstr website.

More Definitions of Asset Account

Asset Account means the account in which funds are maintained to support the extension of credit in connection with the Stripe Issuing Programs, which is, depending on which Stripe Issuing Program you participate in, your Issuing top-up balance, your Acquiring Receivables balance (as defined in the applicable Issuing Bank Terms), or your Financial Account.

Asset Account means the total portfolio of those Assets to which Your Bond is linked. The Asset Account is allocated equally to all the Policies in the Bond.

Asset Account means a J.P. Morgan Asset Account.

Asset Account means the Client Account.

Asset Account means the Client’s non-cash account at the CDCP, on which the Client’s domestic dematerialised investment instruments are maintained.

Asset Account means the sub-account(s) established pursuant to Section 4.3 of the Plan.

Asset Account means the sub-account(s) maintained by the Committee in the name of a Participant pursuant to Section 4.4.