Authorized Account(s) definition

Authorized Account(s) means the Account(s) of Company identified, to which Automated File Movement rendered by Bank will apply.
Authorized Account(s) means the deposit accounts to which the CIF identified in the Business Application form is related as the Primary Account Holder. Additional Authorized Accounts may be added by notifying the Bank and providing the Bank with any information or approval it will require.
Authorized Account(s) means the account(s) of Company, maintained at Bank.

Examples of Authorized Account(s) in a sentence

  • However, Bank shall use reasonable efforts to act on a request by Company for cancellation or amendment of an Entry prior to crediting/debiting a Company’s Authorized Account(s) set forth in the Agreement.

  • Prior to the Closing Date, Borrowers shall deliver to Agent a complete and executed Authorized Accounts form regarding each Borrower's operating account(s) into which the proceeds of Loans are to be paid in the form of Exhibit D annexed hereto.

  • If Bank requires pre-funding, Customer shall maintain sufficient collected funds in the Authorized Account(s) to settle for the credit Entries at the time the credit Entries are issued by Customer.

  • All payment orders executed debited and credited to the appropriate accounts by the Bank under this Agreement will be reflected on your periodic statements issued by the Bank with respect to the Authorized Accounts listed on the Enrollment Form.

  • Notwithstanding the foregoing, Bank is hereby authorized to charge the account(s) ("Authorized Account(s)"), as settlement for credit Entries issued by Customer or returned or dishonored debit Entries.

  • In addition, if Customer requests reversal of a Debit Entry or Debit File, it shall ensure that there are sufficient funds in Customer’s Authorized Accounts to fund such Debit Entry or Debit File.

  • Prior to the Closing Date, Borrowers shall deliver to Agent a complete and executed Authorized Accounts form regarding each Borrower’s operating account(s) into which the proceeds of Loans are to be paid in the form of Exhibit D annexed hereto.

  • Prior to the Closing Date, Borrower shall deliver to Lender a complete and executed Authorized Accounts form regarding Borrower’s operating account(s) into which the proceeds of Loans are to be paid in the form of Exhibit D annexed hereto.

  • Member Client shall maintain sufficient collected funds in the Authorized Account(s) to pay for all payments due Financial Institution under this Agreement on the Payment Date.

  • Bank may, without prior notice or demand, obtain payment of any amount due and payable to it under this ACH Agreement by debiting the Authorized Account(s) of Company identified in any Exhibits, and Bank shall Credit/Debit the Authorized Account for any amount received by Bank by reason of the return of an Entry transmitted by Bank for which Bank has previously received payment from Company/provided funds to the Company.


More Definitions of Authorized Account(s)

Authorized Account(s) has the meaning assigned to such term in the Intercreditor Agreement. "BANKRUPTCY CODE" means ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code.
Authorized Account(s). Those accounts for which you request, and Bank agrees to provide, Check Positive Pay Services. At any given point in time, the fact that the Check Positive Pay Services are implemented on Bank’s systems for certain of your Accounts, shall serve as conclusive evidence that you designated such Accounts as Authorized Accounts.
Authorized Account(s) has the meaning assigned to such term in the Intercreditor Agreement.
Authorized Account(s) means a deposit account of the Customer in the Bank designated by the Customer as a source of payment of (i) Payment Orders issued by the Customer to the Bank and (ii) Reverse Wire Transfers in accordance with instructions specified in Exhibit 2 (if any). If the Customer does not designate an account, any account of the Customer is an authorized account if payment of a Payment Order or a Reverse Wire Transfer from that account is not inconsistent with a restriction on the use of that account.
Authorized Account(s) means an account of Customer at Bank which is designated by Customer to be subject to this Agreement.
Authorized Account(s) shall be defined as an Account which consists of a single person or entity with sole authority to enter into agreements with Distributor or Company to acquire Company Services for itself or its different business locations. Each such entity, each affiliate, parent or subsidiary of an entity, or division or separate geographic location of an entity with the aforementioned authority shall constitute a separate Authorized Account. For example, if XYZ Hospital Chain, Inc. had multiple subsidiary corporations which operated divisions or geographically separate locations each with the authority to enter into agreements to acquire Services from Company, the parent company, each subsidiary, each division, and each location, would each constitute a separate Authorized Account. Any dispute related to the identity or separate nature of an Authorized Account shall be resolved by Company in its reasonable discretion after consultation with Distributor and/or any other Distributor affected.