Authorized Accountholder definition

Authorized Accountholder means any person, including any Equipment/Fleet Manager, designated by the Company as a permitted user of an Account. The word “Sub-Account” means any account number that may be issued on the Account to an Authorized Accountholder, at the request of the Company. The word “Company” refers to the business entity that has submitted an enrollment agreement or application for an Account or has used or authorized the use of an Account, thereby accepting the terms of this Agreement as provided below. The term “Equipment/Fleet Manager” refers to the person(s) authorized by the Company to request that an Account be opened and otherwise transacts business with respect to the Account, and any Sub-Account number(s) and the designation of Authorized Accountholders; it also includes any successor to that person identified by the Company. The words “we,” “our,” and “us” refer to North American Transaction Services, a division of VFS US LLC, as well as our successors and assigns. The words “you” and “yours” mean the Company and any other person or entity that guarantees or otherwise become obligated on the Account. By signing an enrollment agreement, by acknowledging these terms and conditions, or by using or permitting the use of the Account or any Sub-Account, the Company is bound by the terms and conditions of this Agreement. Standard Billing Terms: Statement+20 (all payments are due within 20 days of the statement date). From time to time Extended Billing Terms may be permitted for specific transactions (“Extended Term Transactions”) at our sole discretion and those Extended Billing Terms will be offered to you by Xxxxxx; however, should Extended Term Transactions be offered to you, you acknowledge that you always have the right to pay cash at the time of purchase. Enrollment in Automatic Direct Payments (ACH Debit) is a requirement of participation in the FleetPREFERRED/Smart Commercial Account program. Payments made by any means other than ACH Debit are due within 30 days of the dealer invoice. FleetPREFERRED/Smart Commercial Account Purchasing Accountholder Agreement use limited to charges for parts, services and construction equipment rentals at Participating Dealerships, and other charges requested by the Company that have been authorized in writing by Lender.
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Authorized Accountholder means any person designated by the Company as a
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Authorized Accountholder means any person designated by the Company as a permitted user of an Account. The word “Sub-Account” means any account number that may be issued on the Account to an Authorized Accountholder, at the request of the Company. The word “Company” refers to the business entity that has submitted an enrollment agreement or application for an Account or has used or authorized the use of an Account, thereby accepting the terms of this Agreement as provided below. The term ”Equipment/Fleet Manager” refers to the person(s) authorized by the Company to request that an Account be opened and otherwise transacts business with respect to the Account, and any Sub-Account number(s) and the designation of Authorized Accountholders; it also includes any successor to that person identified by the Company. The words “we,” “our,” and “us” refer to North American Transaction Services, a division of VFS Canada Inc., as well as our successors and assigns. The words “you” and “yours” mean the Company and any other person or entity that guarantees or otherwise become obligated on the Account. By signing an enrollment agreement, by acknowledging these terms and conditions, or by using or permitting the use of the Account or any Sub-Account, the Company is bound by the terms and conditions of this Agreement.
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Examples of Authorized Accountholder in a sentence

  • We, or the Company, may terminate this Agreement or the authority of the Company or any Authorized Accountholder to use the Account or the Sub-Account(s) at any time for any reason, including, but not limited to, your default under this Agreement, or canceling of ACH Debit.

  • To the extent permitted by applicable law the Authorized Accountholder voluntarily and intentionally waives any right it may have to trial by jury in respect to any litigation in connection with this Agreement or the Account.

  • The Authorized Accountholder acknowledges that this waiver of jury trial is a material inducement to us in extending credit and that Parts and Service Financing would not have extended such credit without this jury trial waiver.


More Definitions of Authorized Accountholder

Authorized Accountholder means any person, including any Equipment/Fleet Manager, designated by the Company as a permitted user of an Account. The word “Sub-Account” means any account number that may be issued on the Account to an Authorized Accountholder, at the request of the Company. The word “Company” refers to the business entity that has submitted an enrollment agreement or application for an Account or has used or authorized the use of an Account, thereby accepting the terms of this Agreement as provided below. The term “Equipment/Fleet Manager” refers to the person(s) authorized by the Company to request that an Account be opened and otherwise transacts business with respect to the Account, and any Sub-Account number(s) and the designation of Authorized Accountholders; it also includes any successor to that person identified by the Company. The words “we,” “our,” and “us” refer to North American Transaction Services, a division of VFS US LLC, as well as our successors and assigns. The words “you” and “yours” mean the Company and any other person or entity that guarantees or otherwise become obligated on the Account. By signing an enrollment agreement, by acknowledging these terms and conditions, or by using or permitting the use of the Account or any Sub-Account, the Company is bound by the terms and conditions of this Agreement.
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Related to Authorized Accountholder

  • Authorized account means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.

  • Accountholder means any accountholder with a Clearing System which at the Determination Date has credited to its securities account with such Clearing System one or more Entries in respect of a Global Note, except for any Clearing System in its capacity as an accountholder of another Clearing System;

  • Authorized Amount means $ , the maximum principal amount of the Funding Loan under this Funding Loan Agreement.

  • Authorized Claimant means a Class Member who submits a timely and valid Proof of Claim form to the Claims Administrator.

  • Authorized Driver means any of the following:

  • Unauthorized Access means the entrance of a person into a restricted area without permission of the operator or the operator’s designated representative.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • Cardholder means an individual, company, firm or other body to whom a Card has been issued at any time and who is authorised to use that Card;

  • Registered Account means a yen account maintained by the payee with a bank in Japan, details of which appear on the Register at the close of business on the sixth Transfer Business Day before the due date of payment.

  • Authorized User means a person:

  • Authorized Dealer means a person authorized as an authorized dealer under sub- section (1) of section 10 of FEMA.

  • Major Non-Controlling Authorized Representative means, with respect to any Shared Collateral, the Authorized Representative of the Series of Other First Lien Obligations that constitutes the largest outstanding principal amount of any then outstanding Series of First Lien Obligations with respect to such Shared Collateral.

  • Unauthorized alien means an alien as defined in Section 1324a(h)(3) of Title 8 of the United States Code.

  • Applicable Authorized Representative means, with respect to any Shared Collateral, (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Administrative Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Major Non-Controlling Authorized Representative.

  • Authorized emergency vehicle means any of the following:

  • Non-Controlling Authorized Representative means, at any time with respect to any Shared Collateral, any Authorized Representative that is not the Applicable Authorized Representative at such time with respect to such Shared Collateral.

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Authorized agency means any duly constituted criminal investigative department or agency of the United States or of this State; the Department of Insurance; the Department of Revenue; the Department of Public Safety; the Workers' Compensation Commission; the State Accident Fund; the Second Injury Fund; the Employment Security Commission; the Department of Consumer Affairs; the Human Affairs Commission; the Department of Health and Environmental Control; the Department of Social Services; the Department of Health and Human Services; the Department of Labor, Licensing and Regulation; all other state boards, commissions, and agencies; the Office of the Attorney General of South Carolina; or the prosecuting attorney of any judicial circuit, county, municipality, or political subdivision of this State or of the United States, and their respective employees or personnel acting in their official capacity.