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.
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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

  • The Authorized Accountholder or any Sub-Account is the only permitted user of the Company’s Account.

  • All credit obtained with the Account (and/or Sub-Accounts if applicable), is deemed to be an extension of credit made to the Company for its benefit and not to or for the benefit of the Authorized Accountholder.

  • 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.

  • 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.

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

  • 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 PAP.

  • All credit obtained with the Account (and/or Sub- Accounts if applicable), is deemed to be an extension of credit made to the Company for its benefit and not to or for the benefit of the Authorized Accountholder.

  • 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 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 VFS US LLC, as well as its successors and assigns, “Lender”, as well as the use of our brand name, “Parts and Service Financing” and “PSF”. 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. Remit completed form to xxx.xxx.xxxxxx.xx@xxxxx.xxx CP ID 517 1.24
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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.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

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

  • Authorized Claimant means a Settlement Class Member who submits a Proof of Claim Form to the Claims Administrator that is approved by the Court for payment from the Net Settlement Fund.

  • Authorized Recipient means (1) the Shareholder of Record, or (2) any other Officially Designated person to whom redemption proceeds may be sent.

  • Authorized Driver means (A) the renter, (B) the renter’s

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • 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.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • 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 pharmacist means an Iowa-licensed pharmacist whose license is in good standing and who meets the drug therapy management criteria defined in this rule.

  • 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 Additional 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.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Authorized Agent means an agent who is legally authorized to bind the Seller under the law of the State in which the Seller is legally organized. An Authorized Agent must sign all documents in the Bid Packet on behalf of the Seller. Under Oklahoma law, the Authorized Agent for each of the following types of entities is as stated below:

  • Authorized entity means a nonprofit organization or a governmental agency that has a primary mission to provide specialized services relating to training, education, or adaptive reading or information access needs of blind or other persons with disabilities;